- Posted November 11, 2011
- Tweet This | Share on Facebook
Charities urge donors to take advantage of credit
DETROIT (AP) -- Charities are encouraging people to make donations as a deadline approaches for the expiration of state credits for such giving.
The Detroit News reported that the Credit for Charitable Gifts, which disappears Jan. 1, raised $100 million last year for Michigan charities and gave taxpayers more than $40 million in write-offs on state returns.
More than 250,000 taxpayers claimed one or more of the three Michigan charitable tax credits in 2010. They're aimed at state colleges and universities, public libraries and museums, public broadcasting stations, homeless shelters, food banks and community foundations.
Charities want to make sure donors claim the credit this year. They expect to need help to make up any shortfall after the credit ends.
The credit has been used in Michigan since the 1960s.
Published: Fri, Nov 11, 2011
headlines Oakland County
headlines National
- New Legalese: You may have heard a deepfake, but what about ‘Twiqbal’?
- From Intake to Outcome: An in-house lawyer’s guide to matter management solutions
- 2 BigLaw firms in merger talks that could produce 1,600-lawyer firm with top 50 revenue
- Send in the paralegals
- Lawyer reprimanded after mistakenly emailing opposing counsel with plan to avoid judge’s call
- ‘I don’t play well’ judge who threatened to track down, jail misbehaving litigant gets tossed from case