The Indiana General Assembly is in session this spring, and we have been watching a few pieces of legislation at http://iga.in.gov/.  These are all MOVING THROUGH THE PROCESS, but HAVE NOT PASSED at this point in time.  Legislators are working on the biennial budget, and they are also considering some substantive changes that could impact […]

Have you had questions about the provision in the CARES Act that pertain to charitable contributions in 2020?  We have put together some information on a webpage linked below for you, but we would caution you that donors should be directed to their tax advisors for guidance on how this applies to them.  Our information […]

See below for an opportunity offered by our partner school, The Oaks Academy: The Indiana School Leader Fellowship (ISLF) is seeking its fourth class of school leaders for a professional development experience centered around three core themes: Know+Lead Self, Know+Lead Your School, and Know+Lead Others. Sponsored by The Oaks Academy, an Indianapolis-based private school, the 2020-2021 training schedule […]

In an article that appeared in the Wall Street Journal last August, researchers claim that kids have better outcomes when parents can choose the school they attend — even if their standardized test scores don’t go up.  Using “real-life outcomes” based on things like educational attainment, occupational rank, future earnings and health, several studies in […]

Oral arguments in the US Supreme Court case Espinoza v. Montana Department of Revenue were heard on Wednesday, January 22. The case involves Montana’s tax credit scholarship program. Shortly after tax credit legislation was passed in Montana, their department of revenue said that families couldn’t use the scholarships at religious schools. The Montana Supreme Court […]

Do you feel like you have educated potential donors about the benefits of the SGO program, but you just aren’t seeing the fruits of your effort?  An article in Thought Catalog suggests that the key to action may be providing practical and personal information on how to donate. Malcolm Gladwell’s bestselling book The Tipping Point […]

I recently needed to have a new window installed at home.  The salesperson came out, measured, and gave me a quote.  After the window was installed, the sales person followed up to make sure that we were happy with the purchase and to see if the installers had fulfilled the order correctly.  I am happy […]

NOTE:  The information below is only applicable to donors who itemize rather than taking the standard deduction on their federal taxes.  All donors (those who itemize and those who do not) receive the 50% state tax credit on their gift.  Those who do not itemize do not receive an additional federal benefit on their donation. […]

We have a couple of important updates that you need to be aware of: The Indiana Department of Revenue issued clarification on donations given to SGOs from Donor Advised Funds (DAFs).  The IN DOR will give a donor a tax credit certification number for a gift given from a DAF.  HOWEVER, we strongly advise against […]