- 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
- ABA connects death row inmate to pro bono attorneys who help free him
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- 2 judges suspended in separate cases after being indicted on criminal charges
- Convicted ex-judge gets $5K fine but no prison time in immigration case
- Ohio governor signs bill prohibiting foreign litigation funding
- Many small firms collect payments faster than BigLaw counterparts, new data shows




