NEED A TAX BREAK?
Donate to Susanna Wesley Family Learning Center and Receive a 70% Tax Credit!
What are 70% Tax Credits?
If your business pays quarterly or annual Missouri income tax, then you may be eligible to make a donation to Susanna Wesley Family Learning Center and receive 70% Missouri income tax credits.
How do they work?
For example, make a $10,000 donation to Susanna Wesley Family Learning Center and receive your normal tax credit for donating to a not-for-profit PLUS receive an additional $7,000 (70%) to be applied to your Missouri income tax amount owed. And best of all you can carry the tax credit over for an additional 5 years.
Who can receive tax credits?
- With income from a farm operation
- With income from royalties or rental property
- With income from a sole proprietorship
- S-corporation, partnership or LLC
A Business that is a:
- Limited Liability Corporation
- Financial Institution
- Insurance Company
How many tax credits are available?
Susanna Wesley Family Learning Center received $344,024 in Tax Credits for the period July 1, 2015 through June 30, 2017.
For more information about 70% Missouri tax credits, please contact:
Delilah Lintner, Financial Manager