Take Advantage of Florida's New Program that Allows Companies' to Redirect Tax Dollars to Help Underprivileged Youth
Karen A. Lake, CPA, CFST
Director and leader State and Local Tax "SALT" and Credits and Incentives at Berkowitz Pollack Brant
Florida' Sales Tax credit Scholarship Program (s. 212.99 Florida Statute) provides 1:1 tax credit to companies that redirect sales tax due on lease of real estate to Step Up to Students, a State approved Scholarship Funding Organization. The funds provide k-12 scholarships to low income and foster children, eligible through Florida Tax Credit Scholarship Program. Step U For Students is providing 105,00+ children a FTC scholarships for 2017 to 2018 school year. Clink in the link below to see if you benefit from new program. https://bit.ly/2Hgjjj7