Arizona Tax Credits: New Employer Withholding Law

written by trigon
02-09-2010
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As of January 1, 2010, Arizona taxpayers can now authorize their employers to reduce their state tax withholdings for certain tax credit donations. This does not reduce your tax liability, but it does allow you to make donations through your withholdings rather than out of pocket.

Tax credits impacted by the new law include the Working Poor Tax Credit for donations to qualified charitable organizations, the Extracurricular Activities Tax Credit for donations to public schools (including charter schools), and the Arizona Scholarship Fund for private school tuition tax credit donations.

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