TERRE HAUTE —
This year, Bethany House in Terre Haute has been awarded more than $18,000 in Neighborhood Assistance Program tax credits by the Indiana Housing & Community Development Authority to be used to provide temporary housing, case management and support to single women, married couples and families.
Unlike a tax deduction, NAP credits are applied to Indiana state tax liability — the bottom line taxes owed after all deductions are taken. For every dollar given ($100 minimum) to Catholic Charities of Terre Haute for its emergency shelter program at Bethany House, people may receive up to 50 percent of the contribution as a direct tax credit on their Indiana state income taxes. However, only a limited number of credits are still available for 2012.
Additionally, because Catholic Charities is recognized by the Internal Revenue Service as a 501(c)3 organization, a NAP contribution may also be taken as a federal tax deduction.
For more information on how to take advantage of NAP credits, contact Jennifer Buell at 812-232-1447.
Business
Bethany House receives $18,000 in tax credits
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Company invests in Indiana State theater
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Chamber of Commerce: The final strategic initiative: Health and Wellness
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Newsmakers: June 9, 2013
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Major part of community’s image determined by the newspaper
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Social Security: Social Security’s most popular baby names list
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Business Cents: Do you have a disaster plan in place for your business?
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Newsmakers: June 2, 2013
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Chamber seeks Community of Year nominations
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On the move: June 2, 2013
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Indiana farmers make rapid progress planting corn
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Indiana State Fair to host job fair May 30
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NEWSMAKER: May 26, 2013
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