Pay Taxes or Provide a Scholarship?
No one enjoys taxes. Period. Did you know there is a way that you can give a life-changing scholarship to a student at New City School instead of paying your state tax liability? Would you be interested? Qualifying individuals who owe $3,500 or more in PA state taxes are able to divert that to students’ scholarships and receive a 90% tax credit.
The popular EITC and OSTC education tax credits (utilized traditionally by businesses) are now available to individuals. This is accomplished by joining a specially formed business entity for the purpose of obtaining the credit.
Working with your accountant, the team at Logos Academy (our partner school), is glad to explore if this might work for your tax situation.
Learn more by contacting Otto Monroy, Director of Advancement, firstname.lastname@example.org, (717) 848-9835. Be sure to reference New City School.