The Michigan Tax Code Credits for Charitable Gifts, in place since December 1988, will expire December 31, 2011, eliminating a 50% tax credit for taxpayers who donate to homeless shelters and food banks, public institutions and endowed funds of community organizations, and foundations.
Hurry and make that charitable contribution before the end of the year! For more information visit http://cfsem.org/michigan-charitable-tax-credit
(info for this BLOG from CORP! magazine, November/December 2011)