Washington Kansas KS

KSDS, Inc, of Washington, Kansas, received word last September from the
Kansas Department of Commerce they are recipients of tax credits in the
amount of $ 250,000.00.   These tax credits will be used for their capital
project of the construction of a sixplex handicap accessible housing unit
with an estimated cost of $ 600,000.00.  These tax credits are offered at
the rate of 70% to the donor.  As part of the FY 2010 budget for tax years
2009 and 2010, tax credits will be eligible for 90% of their value when
claimed. Contributions must be a minimum of $250.  The credit is toward
the Kansas State tax liability only.   Donors may also be eligible for a
federal charitable contribution deduction.  You may visit with your
accountant to determine your benefits on your federal return.

The advantage of tax credits is that they follow a refundable carryover
provision.  If the tax credit is greater than tax credit liability, the
tax filer receives a refund.  Eligible contributors are businesses or
individuals paying and subject to Kansas state income tax. These tax
credits are available till the end of the year, December 31, 2010.

Here is an example:

Contribution to KSDS, Inc.-   $10,000.00
90% of the value of the
Tax credit- 70%                     7,000.00
90% of tax credit
deducted on  your
State income tax-                  6,300.00

Be a part of assisting our students by providing accessibility, help KSDS
continue to fulfill our mission of providing canine assistance, and
receive a tax benefit at the same time!
“Changing Lives One Dog At a Time.”

For further information about tax credits, or questions about the capital
campaign, please contact Marcia Funke, Development Coordinator at 785-325-2256.