As we begin to prepare for the unpleasant task of paying our 2008 Arizona state taxes, we should keep in mind an alternative available to giving to the state. An alternative that keeps our dollars in Payson rather than letting the state decide where to allocate our dollars.
One alternative is to give to Payson Area Habitat for Humanity (PAHH) by taking advantage of the charitable tax credit available for contributions to PAHH.
A charitable tax credit reduces your Arizona tax liability dollar for dollar. This credit is only available to individuals who have itemized deductions and have deducted charitable contributions on a prior year Arizona return.
For more information, visit Arizona’s official Web site http://www.azdor.gov or contact your income tax professional.
By taking advantage of this tax credit, you can help provide a home for a Payson family who is living in substandard housing and who is earning less than 50 percent of the area median income. These families are fully vetted by PAHH, prior to their acceptance, to ensure their suitability for a home. Why not help families in Payson rather than send your money to the state and lose all control in how it is spent?