How GaSSO Can Benefit Your Family and CFCA
GaSSO: Donate and receive a state tax credit
If you or your
Company pay any Georgia State Income Tax and would like to have control over
how part of this money is used, GaSSO can help you direct some of your tax
dollars to Private Schools for Scholarships. In May 2008, the State of Georgia
passed new legislation (HB 1133) which allows tax payers to have some control
over how their tax dollars are used. This legislation allows taxpayers to
“Donate” part of their Georgia Income Tax for use at Private Schools to provide
Scholarships for children in Pre-K through 12th grade. The “Donor”
receives a dollar for dollar credit off of their Georgia Income Tax for their
“Donation”. The law allows up to $100.0 million per year in tax credits for
Donations to Private Schools... (click to read more)