Alabama Accountability Act – Tax Planning Opportunity for You

by Todd Hindsman, CPA Under the Alabama Accountability Act (AAA), taxpayers have the opportunity to receive a tax credit for up to half of their state tax liability (capped at $50,000). This is accomplished by gifting money to a Scholarship Granting Organization (SGO) who then distributes the funds to non-public schools throughout the state. As a result of […]

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