Court Appointed Special Advocates of Baltimore County was recently awarded $15,000 in Community Investment Tax Credits. This program entitles you to receive a Maryland State Income Tax Credit equal to 50% of your donation of $500 or more. This donation must be made before December 31, 2018, and the tax credits received will be included with your 2018 Maryland State Income Tax Return.
In addition to the tax credits, which would reduce your Maryland Tax Liability “dollar for dollar”, you will be able to deduct the entire donation from both your Maryland and Federal Income Tax returns, further decreasing your income tax liability. Depending on your income, using the example of a $500 donation, your donation of $500 may only actually cost you $150 if you are in the highest Tax Bracket. For actual benefits, please consult a tax professional.
We would like to invite our supporters to make a donation between now and December 31st to take advantage of this great program and in the process continue to support our growing program.
To learn more about CASA of Baltimore County please visit our About CASA Page or call 410-828-0515. To learn more about the benefits of Community Investment Tax Credits please email Jessica Mercer, jmercer@casabaltco.org. You can download the Waiver of Information Form to complete before making your donation or pledge.