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023: How to Take Advantage of Available State Tax Credits to Reduce Tax Bills and Support Great Causes

You can’t legally get away from paying taxes – it simply isn’t possible. However, if you live in Arizona, like I do, and you want to help make sure that your tax dollars are going to a good place, you have a number of wonderful ways to do exactly that. In fact in the state of Arizona, if you’re a joint filer, you have the potential to receive dollar-for-dollar credits of up to $4,800 – and this can turn into millions of dollars to fund both public and private schools, foster care for children, and relief for military families.

There’s no one size fits all solution, but if you’re proactive, you have the ability to control your tax destiny – and to not do so is to miss out on a huge opportunity.

In this podcast interview, you’ll learn:

  • The many tax credits available to Arizonans to support the working poor, qualified foster care charitable organizations, schools, and military families – and how to get the greatest tax reduction possible.
  • Why you should consider taking advantage of these tax credits if you haven’t before.
  • What parts of your portfolio your tax specialist should be looking at – and why it might be a problem if they aren’t.

If you live out of Arizona please contact your tax planner to see if your state offers these special credits.

If you enjoyed this podcast, be sure to rate and review, and send us all your questions at questions@bayntree.com – it may become the topic of an upcoming episode!

Interview Resources

 

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