WV Tax Credit Vouchers
A total of $5,871 in WV State Tax Credits is now available at Community Resources, Inc. This is made possible by the Neighborhood Investment Program (NIP) which is a program administered by the West Virginia Development Office.You could support your community and earn credits that will reduce certain West Virginia taxes. Businesses and individuals that contribute to CRI are eligible to receive up to 50 percent of the contributed amount in the form of state tax credits. Donors may use the credits to reduce liability for the Corporate Net Income Tax, the Business Franchise tax or the Personal Income Tax. Contributions can be in the form of cash, personal property, real estate, stock and certain in-kind professional services. The minimum eligible donation value is $500.
Generally, a tax credit is worth substantially more than a tax deduction. A tax deduction reduces the amount of total income on which taxes are based. A tax credit is used to reduce total tax liability.
Please contact the Community Resources, Inc. Administrative Office at 304-485-5525 or toll free at 1-866-585-5525 for more information!
Click here to view a flyer on the Neighborhood Investment Program and frequently asked questions:
NIPprogram.pdf


