Looking for a meaningful way to reduce your company’s tax bill while supporting education in Arizona? The Arizona Private School Tax Credit Program offers a unique opportunity for corporations like yours.
Since 1998, Arizona's Private School Tax Credit Law (ARS 43-1089) has empowered individuals to redirect their income taxes to School Tuition Organizations (STOs), earning a tax credit.
In 2006, the green light extended to C corporations, S corporations, and insurance companies to contribute to School Tuition Organizations (STOs) and receive a dollar-for-dollar tax credit against their state taxes. This translates into supporting private education while effectively managing your corporate taxes.
Your company’s corporate income tax bill and determine how much you would like to donate
Your corporation makes a donation to a qualified STO.
Receive a valuable tax credit against your Arizona corporate income taxes.
By participating in this program, your corporation can significantly lower its tax liability.
Make a difference in the community by directing your tax dollars to support education initiatives.
Demonstrate your commitment to social responsibility and education, enhancing your corporate reputation.
Countless corporations in Arizona have already harnessed the power of this tax credit to support education and reduce their tax burdens. Now, it’s your turn to make a meaningful impact on both education and your bottom line.
Ready to explore how your corporation can support education while enjoying tax savings? Contact us at Tax Goddess. Together, we can align your financial goals with a noble cause. Let’s make a positive impact today!
