This has Unlimited Access. Please support our commitment to public service journalism. Subscribe now.
- Quick Naps Are Good for Your Brain
- Thí sinh tại Ninh Bình tra cứu điểm thi tốt nghiệp THPT năm 2023 ở đâu? | Tin tức mới nhất 24h – Đọc Báo Lao Động online
- Đại học Quốc gia TPHCM thông tin về lịch thi đánh giá năng lực 2024
- Cần Đước tổ chức hội thi văn nghệ chào mừng ngày Nhà giáo Việt Nam 20/11
- Chủ tịch UBND tỉnh Nguyễn Đức Trung chúc mừng Sở Giáo dục và Đào tạo, Hội Cựu giáo chức tỉnh nhân ngày Nhà giáo Việt Nam
Eligible donors will receive generous state tax credits for their contribution toward building a new county library branch in Houston, Mo.
The Texas County Library Foundation was awarded $350,000 in Neighborhood Assistance Program (NAP) tax benefits by the Missouri Department of Economic Development. Many are eligible for the tax credit incentives.
The 7,200 square foot library will be constructed as the top level of the Houston Storm Shelter at First and Pine streets. That’s south of the U.S. Post Office. A bid opening is planned for late next month.
Qualified donors receive a 70 percent state tax credit. Not only will they receive a deduction for the donation, but a tax credit that can directly reduce the amount of taxes owed. Tax credits can be used over a five-year period, and are available on a first-come, first-service basis. The credits have been quickly taken during other capital campaigns in the community.
Businesses or individuals with Missouri business income quality, such as: Corporations, S-Corporations, LLCs, sole proprietors, partnerships, insurance companies, financial institutions, individuals operating a farm in Missouri and those with rental property.
For more information, check bit.ly/librarytaxcredits, call 417-838-7840 or stop by the Texas County Library in Houston. Checks can also be mailed to: Texas County Library Foundation, 117 W. Walnut St., Houston, Mo. 65483.