SCHOOL READINESS TAX CREDITS
LOUISIANA OFFERS BUSINESSES A UNIQUE OPPORTUNITY
Turn your tax liability into an investment in early childhood care and education!
Contribute $100 to $5,000 to the Children's Coalition for Northeast Louisiana,
file the School Readiness Tax Credit on your Louisiana State Taxes,
and receive a dollar-for-dollar refundable credit.
Your contribution stays in your community--supporting local early childhood education!
file the School Readiness Tax Credit on your Louisiana State Taxes,
and receive a dollar-for-dollar refundable credit.
Your contribution stays in your community--supporting local early childhood education!
Why Should Your Business Should Contribute?
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The Children's Coalition for Northeast Louisiana is a 501 (c) 3 nonprofit organization and all donations are tax deductible. Additionally, the Children's Coalition for Northeast Louisiana has been designated by the Louisiana Department of Education to be the Child Care Resource & Referral Agency (CCR&R) for the benefit of Northeast Louisiana, and is the agency authorized to collect School Readiness Tax Credit (SRTC) donations for the following 11 parishes: Lincoln, Union, Morehouse, Ouachita, Caldwell, Richland, Franklin, Tensas, Madison, East Carroll, and West Carroll.
MAKE YOUR COMMUNITY CONTRIBUTION TODAY!
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BY MAIL: *Preferred method
Mail the downloaded form, along with your check, made payable to Children's Coalition for Northeast Louisiana by December 31. Check Memo: School Readiness Tax Credits (SRTC) MAIL TO: Children's Coalition for Northeast Louisiana Attn: School Readiness Tax Credits 117 Hall Street, Monroe, LA 71201 |
ONLINE: Please note that there is a credit card fee associated with an online transaction.
While it is completely optional for your business to cover this fee, we encourage you to participate with a check when possible. DEADLINE: All donations, whether received online or by mail, must be postmarked by December 31, 2025 to be eligible for the 2025 tax year. |
- After your contribution is received you will be emailed a receipt. The Children's Coalition for Northeast Louisiana will mail you a verification letter documenting your contribution and a letter from 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.
What are the Louisiana School Readiness Tax Credits for Businesses?
In 2007, the Louisiana Legislature passed a unique package of tax credits known as the School Readiness Tax Credits, designed to support quality early child care and education. The law R.S. 47:6107 became effective in 2008. Included in this package is a dollar-for-dollar refundable Louisiana state tax credit for businesses, up to $5,000 annually. For example, if your business makes a $5,000 contribution to the Children's Coalition for Northeast Louisiana and your tax bill at year end is $6,000, you will only owe $1,000. And, you will receive a refund check from the state if you do not owe any taxes. That’s a smart investment!
Who Can Contribute to School Readiness Tax Credits?
All businesses with a Louisiana Tax ID are eligible, including for-profit, non-profit organizations, sole proprietorships, partnerships, limited liability corporations (LLC), and corporations. Companies with multiple tax ID numbers can contribute up to $5,000 for each ID number. It is important to note that if your business' state return flows through your personal state return, $5,000 is the maximum allowed per personal state return.
Where do I enter the SRTC on my tax return?
- If you are filing a LA Corporate/Franchise tax return, enter the amount of your contribution on line 15A – Other Refundable Credits and list code 68F – School Readiness Fees and Grants to Resource & Referral Agencies on Schedule RC.
- If you are filing an Individual LA tax return, enter the amount of your contribution on line 23 under Refundable Tax Credits and list Code 68F – School Readiness Fees and Grants to Resource & Referral Agencies on Schedule F.
How Will Your Contribution Make an Impact?
- Connecting parents and families to high-quality child care and development.
- Providing comprehensive professional development for the early care workforce.
- Providing instructional one-on-one coaching to the early care workforce.
- Providing curriculum, lesson plan materials, and age appropriate books and toys to early care centers.
Questions?
For any questions or concerns regarding filing School Readiness Tax Credits, please consult your CPA or state tax professional.
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, motor development, interpersonal skills, cognitive skills, language and literacy development, as well as 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, motor development, interpersonal skills, cognitive skills, language and literacy development, as well as 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.
