tax

How our Scholarship Selection Process Works

by Brian July 5, 2012

For the 2012 fall enrollment of private k-12 schools, we received 5 times as many scholarship applications than we did the same time last year.     And, we were pleased to be able to award many of those applicants, because of the generous donations made to AZ4Education by helpful residents and companies. Because our scholarship selection process is such a critical part of our process, we thought it would be helpful to explain how this process actually works and help those applying in the future. Our selection committee is comprised of compassionate minded individuals whose goal is to allocate funds to […]

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Law Makers call it Switcher Credit – but we call it EXTRA Credit!

by Brian May 8, 2012

Great news for Arizona students, schools, donators and everyone else!    The State legislation passed a bill (SB1047) that goes into effect this year (2012) as A.R.S 41-1089.03. What is so great about this new law? This new law doubles the amount of maximum tax credit you can take!   The “original” tax credit allowed a maximum of $500/$1000 for single/married tax filers, but for tax year 2012, you can donate up to $1003/$2006 to a School Tuition Organization (STO), such as AZ4Education.    This is being called the “switcher credit”, but we are going to be referring to it as “EXTRA” credit. […]

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AZ4Education Gets A Major Facelift

by admin March 14, 2012

The team is very proud of the work that has been going on with our new site. We welcome you to the redesigned new and improved AZ4Education website. Getting started is our way to help guide the user around the site. If you are a potential donor – everything you wanted to know or were afraid to ask, should be there. Parents, we have a page to help you. What to find a private school – they are under schools. If all else fails, we have a FAQ section to help. That question is not there, submit your question and […]

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Meet Brian

by Brian December 28, 2011

As Steve Bell said in the previous blog post, we are running a series of posts to tell you a bit  about ourselves, which is like trying to write a novel in Sanskrit for me. I went to college at Colorado State University in Fort Collins Colorado and graduated with a Bachelor of Science in Electrical Engineering.    Every summer break, I would go back to IBM as an intern and save enough money to help pay for some items in school.    After college, I got a job for National Semiconductor in Utah and worked there for 3 years. Intel was […]

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Tax Credits – Real Examples of How It Works

by Brian December 1, 2011

To help illustrate how the Arizona tax credit can benefit you, we created a few scenarios to help understand the benefits for donators.   However, be sure you contact a tax expert/adviser to get more information for your individual situation. Mr. Bell*1 Ms. Goodman*2 Mr. & Ms. Sanders*3 Mr. & Ms. Treglia*4 Filing Status Single Single Married Married AZ Taxes Withheld $600 $300 $1,600 $800 Actual AZ Tax Liability ($705) ($250) ($1,350) ($800) Net Tax Liability Refund (Due) ($105) $50 $250 $0 Amount Donated to AZ4Education $500 $300 $1,000 $900 AZ Tax Credit $500 $300 $1,000 $900 Tax Refund (Due) […]

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