What are 70% Income Tax Credits? |
If your business pays quarterly or annual Missouri income tax, then you are eligble to make a donation to Jesus Was Homeless and receive 70% Missouri Income tax credits. |
For example, make a $10,000 donation to Jesus Was Homeless and receive your normal tax credit for donating to a not-for-profit PLUS receive an additional $7000 (70%) to be applied to your Missouri income tax amount owed. And best of all you can carry the tax credit over for an additional 5 years.
Example:
$10,000 Donation Normal Tax Deduction
$ 7,000 Tax Credit Applied to Amount Owed $5000
$ 2,000 Tax Credit Can be applied over next 5 years
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Who can receive tax credits? |
An Individual:
with income from a farm operation
with income from royalties or rental property
with income from a sole proprietorship,
s-corporation, partnership or LLC
A Business that is a:
Corporation
S-Corporation
Partnership
Limited Liability Corporation
Financial Institution
Insurance Company
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How many tax credits are available? |
Jesus Was Homeless received
$237,359 in tax credits.
When they're gone...they are gone!!! |
More Information and Forms |
Volunteer for the
6th Annual "Love Your Neighbors" Thanksgiving Day Dinner
November 28th, 2013 |
Thanksgiving is just around the corner and we will be hosting our 6th Annual Thanksgiving Day Dinner. This year we will again be located at Our Lady of the Lake Catholic Church Parish building.
We invite you to be part of this wonderful event. We will need volunteers that want to help with set-up, kitchen, servers, thrift store, clean-up, food runners, and most importantly to love and hug on people. If you have a heart to volunteer please visit our website at www.jesuswashomeless.org to register.
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We need the following items for our free thrift store:
Coats, Hats, Gloves, Blankets, New Socks,
Toilet Paper, Deodorant, Razors, Shaving Cream,
Shampoo, Tooth Paste & Tooth Brushes
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Can't be here this Thanksgiving? |
Can't make it this year but still want to help? As you can imagine it is quite an undertaking and one of our largest expenses of the year to provide a traditional Thanksgiving Day dinner for over 800 people. Your donation will help us with those expenses. |