COMMUNITY INVESTMENT TAX CREDIT
HOW CITC WORKS
The Community Investment Tax Credit (CITC) creates an opportunity for donors (individual and corporate) to receive a 50% State tax credit for their donation ($1,000 minimum), all while investing in high impact economic and community development in Massachusetts communities. In 2014 alone, the CITC garnered 1,100 donations generating $4.8 million for 38 participating organizations serving 145 cities and towns in Massachusetts. Never before has there been the opportunity to do such good while receiving a significant tax break. Maximize your tax benefits and inform others you know about how to maximize theirs, while supporting a worthy cause.
For more information on the CITC go to http://www.macdc.org/community-investment-tax-credit or
- Individuals, businesses, non-profits, and foundations in and outside of MA can paticipate with a minimun donation of $1000.
- Considerable Tax Savings (a 50% MA state tax credit AND a federal deduction).
- Support high impact economic development in Codman Square.
- If you have no MA state tax liability, you will get a refund in the mail!
BENEFITS TO THE COMMUNITY
MORE INFORMATION: Gail Latimore | Email: firstname.lastname@example.org | Phone: (617) 825-4224 x132