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Tax Credits Available Again At SCCC/ATS

The Kansas Department of Revenue provides an opportunity for individual

taxpayers as well as business and corporate entities that pay Kansas income

tax to benefit by supporting Seward County Community College/Area Technical

School. The donors of these funds may be awarded a tax credit equal to 54

percent of their donation upon approval by the Kansas Department of Revenue.

Seward County Community College/Area Technical School is able to benefit by

utilizing the donations for identified deferred maintenance projects. Funds

must be used for campus deferred maintenance items and cannot be used for

the purchase of property, construction of student dormitories, or

construction of athletic facilities.

The college has a number of deferred maintenance projects eligible for the

use of the funds. The contribution can be specified for use in a particular

project or the donor can request the contribution to be applied toward a

specific project, which is not on the deferred maintenance list. The

specified project can be presented to the Board of Trustees for review and

approval within the restrictions of the Department of Revenue guidelines.

The Board of Trustees has established a minimum contribution of $500 to the

college for deferred maintenance projects that would qualify for

participation in the tax credit program. The legislation provides an

opportunity for donors to participate throughout the 2011-12 school year.

Dr. Duane Dunn, SCCC/ATS president, said the college is excited that the

program to provide continued tax benefits to a donor has been extended. This

program can provide additional incentives for the donor to support SCCC/ATS.

The tax credit can be a great opportunity at a time when everyone is looking

for opportunities to reduce expenditures. ³For over 40 years SCCC/ATS has

offered a wide variety of classes and these tax credits can help the college

continue to improve its facilities. Since the merger with the Area Technical

school, the college has made a number of improvements to the technical

school site.

With a $1,000 donations, the taxpayer may be eligible to deduct a maximum of

$460 as a charitable donation on the federal return and would receive a $540

Kansas tax credit to be applied against his or her state tax liability.

Individuals, corporations, and non-profit entities are encouraged to contact

Tommy Williams, Dean of Administrative Services at Seward County Community

College/Area Technical School, 620-417-1018 or or

their individual tax advisor for more information.

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