Friday, April 14, 2017

 If you plan on filing a tax extension (yes, me too), but haven't done your Arizona tax Credit contribution yet, you have until April 18 for that also! Not sure how much to give? It's dollar for dollar...give to the State or give to a qualifying organization, so use last year AZ Amount Due to estimate how much to give. Don't worry about giving too much - it will carry over to next year if you are "too generous"! Though understand each has it's own MAX donation...and of course in each year you can't TAKE (give :) ) more credits than you OWE.

There are several kinds of Credits you can take, according to where your heart and passion lies. Then within each category there are LOTS of qualifying options. Each one has a page to use to donate for the credit. 

Not sure who to give to? The Arizona Department of Revenue provides an updated list of qualifying foster care organizations that are eligible for each type of credit.  
 About Christian Family Care
4) Additional “PLUS” Private School Credit (allowing donors to receive credit for contributions over and above the original private school tax credit),
5) Arizona Charitable (Working Poor Tax Credit) (https://www.azdor.gov/Portals/0/RefundCredits/CertifiedCharities2016.pdf),
6) The Arizona Military Family Relief Fund Credit (https://dvs.az.gov/mfrf).
The list too big and want a suggestion? 
 
Submission page for Christian Family Care: https://cfcare.org/featured/tax-credit-google  
The maximums for the Foster Care Charitable Organization, Contribution amounts eligible for credit: $500 for single filers/ $1,000 for joint filers.


Be blessed My Purposeful People! Heather
Wearable Art - Heather J Kirk's VIDA Collection: http://shopvida.com/collections/heather-j-kirk and https://artofwhere.com/artists/heatherjkirk
Art by Heather J. Kirk http://heather-kirk.pixels.com and http://AEC.pixels.com
Literature by Heather J. Kirk http://www.photographicartistry.citymax.com/Books.html

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Sunday, April 2, 2017

Time to make your 2016 Charitable Tax Credit Donation even if you are filing an Extension

Taxes and Charitable Donations DO mix, especially in Arizona. Your "regular" charitable donation can be used as a deduction for 2017 or can carryever for 5 years. And your donations to Qualifying Charitable Organizations (QCO) and Qualifying Foster Care Charitable Organizations (QCFO). You can even give right on up to April tax day for the previous year! Which means YOU CHOOSE WHERE YOUR TAX DEBT GOES - to the State Government or to the Charity of your choice (for Tax Credit They must already be qualified. - find the links to Credits lists here!: https://www.azdor.gov/TaxCredits/QualifyingCharitableOrganizations.aspx
AZ Tax FORMS 301 and 321 (among many others) are here: https://www.azdor.gov/Forms/Credits.aspx



In the next few days you will hear a lot about Arizona GIVES Day and giving through their site. Pros: MUCH more is raised this way, and yes, giving to charities helps the AZ economy. Charities can win part of a bigger pot there to add to their direct donations. Cons: 6.9% of your donation is taken in fees. This is my own bias....write a check,to the organization directly (but better do it quick), then 100% goes to the charity instead of the credit card company and the fundraiser. Even in my everyday giving, I"ve started writing checks. A bit inconvenient but all my donation goes to where I intend it.

Not sure where to give? Here are a few of my suggestions.

Deductions:

1) MOMA'S HOUSE is a domestic violence shelter and also takes in women rescued from sex trafficking. I have huge respect and admiration for a woman who changed her entire life because she was called by God to do this. Here is how to give as a tax credit, but you can give " https://www.azgives.org/momashouse
 
2) 100Pedals: 100Pedals provides parents and other family members with educational resources and coaching programs to navigate their life through addiction's chaos. https://www.azgives.org/100Pedals

3) Arizona Consortium for the Arts Charity an all-volunteer community organization. Please help us continue to provide programs, events and festivals Free to the community. Click here to donate http://www.artizona.org/donate.html


Credits:

1) Christian Family Care Agency: Christian Family Care serves Children and Families through Foster Care, Child and Family Counseling, Pregnancy Counseling, and Adoption.

2) Phoenix Rescue Mission: The Phoenix Rescue Mission is committed to transforming lives of the homeless and hungry. Our core values: • Christ-centered: We believe that we first exist to glorify God and advance His kingdom; through grace we receive and grace we share.• Servant-Leadership: We highly value and intentionally serve each other, our clients, and our ministry partners, leading by following Christ’s example. • Transformation: We invest in the spiritual, personal, and professional development of one another; restoring and equipping each other for intentional living.

3) St. Vincent de Paul: The Society of St. Vincent de Paul is an international non-profit organization dedicated to serving the poor and providing others with the opportunity to serve. The Phoenix Diocesan Council has been assisting central and northern Arizona families since 1946. Programs include services for the homeless, medical and dental care for the working poor, charity dining rooms, thrift stores, a transitional housing shelter and general assistance for individuals in need.
THERE ARE SOOO MANY more choices: Get the PDF lists here.

We have that we may give! May this Blessing be so in your life: " Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you." Luke 6:38

Be blessed My Purposeful People!
Heather Wearable Art - Heather J Kirk's VIDA Collection: http://shopvida.com/collections/heather-j-kirk and https://artofwhere.com/artists/heatherjkirk
Art by Heather J. Kirk http://heather-kirk.pixels.com and http://AEC.pixels.com
Literature by Heather J. Kirk http://www.photographicartistry.citymax.com/Books.html

#AZGiveDay #ArizonaGiveDay #ArizonaTaxCredit #CharitableDeductions #CharitableGiving #donate #give #blessedtobeablessing