Illinois Invest In Kids Act: Tax credits for contributions to scholarships
December 27, 2017
By Keith J. Habel, CPA, Partner, SALT Practice Leader Approved taxpayers can receive state income tax credits for contributions to Scholarship Granting Organizations (SGOs) in Illinois. This Q&A breaks down the details. What is the Invest in Kids Act? Public Act 100-0465 created the Invest in Kids Act (35 ILCS 40/1). This Act allows income tax […]
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