Effective in 2018, the Arizona Department of Revenue has assigned a five (5) digit code number to identify each Qualifying Charitable Organization and Qualifying Foster Care Charitable Organization for Arizona…
On August 23, 2018 the IRS released new rules limiting charitable donations and state tax credits. Previously, when you made a donation that qualified for an Arizona dollar for dollar…
Arizona provides two separate tax credits for individuals who make contributions to charitable organizations: one for donations to Qualifying Charitable Organizations (QCO) and the second for donations to Qualifying Foster…
A tax deduction is an expense that reduces taxable income and saves a certain percentage of tax. A tax deduction helps determine how much taxes you owe to the state.…