Educational Credit for Exceptional Needs Children Extended

The State of South Carolina has extended the Educational Credit for Exceptional Needs Children for the fiscal year 2014-2015.  The state has appropriated $8 million dollars of credit that is available to qualifying individuals who make a qualifying charitable contribution to a Scholarship Funding Organization.  There are a number of tax benefits available to individuals who avail themselves of this opportunity. 

We will be glad to review with you the projected tax impact of making a donation to one of the qualifying Scholarship Funding Organizations, and we can assist you with your application for the credit.  Please remember that this program is administered by the South Carolina Department of Revenue on a first come, first served basis.  Please give us a call or send us an email at your earliest convenience, and we will be glad to discuss this opportunity with you.