Tax Credit Scholarships for Students of Life Prep Academy!
Dear friends,
We want to invite you to support Life Prep Academy's students with Your allocated tax dollars, at No Net Cost to you or your business.
We desire to scholarship EVERY CHILD who is or will be enrolled into our school. YOU can make this a reality for our community by redirecting a portion of your income tax liabilities to STO4KIDZ, a school tuition organization that will converts your taxes into tuition scholarships for our students.
The net cost to you is ZERO, yet it's invaluable to the students! A win-win! Your full contribution comes back to you as a tax credit, reducing your Arizona taxes dollar-for-dollar. When you contribute to STO4KIDZ. consequently, your contribution results in tuition scholarships to our students.
Since this provides a dollar-for-dollar tax credit against your state tax obligations, it won't affect your finances or other charitable donations. In essence, the cost to you and/or your company is zero, but it means the world to a child. (To learn more about the Arizona tax credits please click HERE)
~ Here Read Arizona Department of Revenue (ADOR) Information on Corporate, Insurance Company and Individual Tax Credit Contributions to School Tuition Organizations.~
A) CORPORATE TAX CREDIT:
'C' and 'S' corporations, and Insurance companies with Arizona tax or premium tax liability, can redirect up to 100% of their tax to School Tuition Organization 4 Kidz (STO4KIDZ), (a state certified School Tuition Organization), and receive a dollar-for-dollar tax credit. Company does not have to be based in Arizona, provided it pays Arizona tax liability. (A.R.S. 43-1183 & A.R.S. 43-1184)
- A quick guide to the Corporate Tax Credit Fact Sheet [Here], or visit STO4KIDZ.org for detail.
- To take the Corporate Tax credit kindly fill out your Commitment Form [Here].
B) PERSONAL TAX CREDIT:
This is income taxes we all have to pay. If you contribute by April 15 (or the IRS-designated date), you can claim your dollar-for-dollar tax credit, even if you file for an extension. (ARS 43-1089) & (ARS 43-1089.03)
- To make a personal tax credit contribution ["Click HERE"] you will be directed to STO4KIDZ donor form, where you can select and recommend "Life Prep students" as the Recommended Student, and "Life Prep Academy.as the recommended school.
- ["Click HERE" for Tax Credit Giving Guide]. STO4KIDZ provide you a tax receipt with instruction on how to claim your credit.
Please watch the short overview videos of both tuition tax credit programs at the end of this page, visit our FAQ page for more information or call us with any questions.
We are most grateful for your consideration to support Life Prep Academy
Pastor Ronda Ehlert, School Director: 928.636.4224
STO4KIDZ - Miriam Antolik: 602.698.8855
