Davis Tax Services, LLP

Tax planning, preparation & problem resolution

Give and get back

Arizona offers four kinds of "dollar-for-dollar" charitable donation credits, so here's a great way to do some good for the community and for yourself at the same time.

You get a dollar off your state tax for each dollar you donate, up to the program limit. Under new federal rules, however, those donations generally no longer count as charitable contributions on your federal return.

Feeling generous? You can donate for more than one of the tax credits. In fact, you can give for all four tax credits, if your tax situation allows.

It's not often you can end up on the winning end of a tax law, and three of the credits allow donations up to Apr. 15. Do yourself a favor and tell the state legislature how to spend some of its budget by checking out these Arizona tax credits:

For more information on all four credits, download this brochure or visit AzCredits.org or the Arizona Department of Revenue.

You may donate conveniently online to charitable organizations and for private schools at AzTaxCreditFunds.com.