WHAT ARE THEY?
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WHO IS ELIGIBLE?All businesses are eligible. A business is defined as any for-profit or not-for-profit entity and includes sole proprietors (so long as the individual is not acting in his/her personal capacity), partnerships, limited liability corporations and corporations.
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WHY SHOULD I USE THEM?Companies can donate up to $5,000 and get it back as a credit against that company’s state income taxes or as a direct rebate from the state treasury. Companies with multiple tax ID numbers can donate up to $5,000 for each corporation.*
*If your business' state return flows through your personal state return, $5,000 is the maximum allowed per personal state return. |
For any additional questions about School Readiness Tax Credits, please our office at 318-323-8775 or [email protected]
READY TO PARTICIPATE?
All donations must be postmarked by December 31, 2024 to be eligible for the 2024 tax year.
- After your donation is received you will be emailed a receipt AND mailed a verification letter documenting your contribution from us and the Louisiana Department of Education.
- For filing your taxes: You will need to provide a copy of your canceled check or credit card receipt to your CPA along with the letter that we provide you.
DONATE BY MAIL*Preferred method
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DONATE ONLINE
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WHY IT MATTERS?
The overwhelming evidence shows that children who enter kindergarten behind are likely to remain behind throughout their educational careers and beyond. These gaps in achievement are difficult and expensive to close with K-12 education alone, and they can last a lifetime, particularly for children from low-income families.
Preparing a child for kindergarten requires a focus on five areas of development that begin at birth and are influenced by quality early experiences: physical well-being and motor development; social and emotional development, cognitive skills, language and developing literacy, and the ability to concentrate and follow directions.
Investments in early childhood development lay the foundation for school readiness by building these cognitive and character skills that children need to do well in school and in life, including attentiveness, persistence, impulse control and sociability.
Preparing a child for kindergarten requires a focus on five areas of development that begin at birth and are influenced by quality early experiences: physical well-being and motor development; social and emotional development, cognitive skills, language and developing literacy, and the ability to concentrate and follow directions.
Investments in early childhood development lay the foundation for school readiness by building these cognitive and character skills that children need to do well in school and in life, including attentiveness, persistence, impulse control and sociability.
RESOURCES FOR CHILD CARE PROVIDERS
Louisiana's unique package of School Readiness Tax Credits benefit families, teachers, directors, providers, and businesses connected to Type III centers. Below are resources related to the tax credits as staff and providers begin preparing to file for 2023.
