Tax Credits

On an annual basis beginning July 1st, Way to Go applies for and is typically issued Virginia tax credits through the Virginia Department of Social Services’ Neighborhood Assistance Program. The purpose of the Neighborhood Assistance Program (NAP) is to encourage businesses, trusts and individuals to make donations to approved 501(c)(3) organizations for the benefit of low-income persons. In return for their contributions, businesses, trusts and individuals may receive tax credits equal to 65 percent of the donation that may be applied against their state income tax liability. Contributions of at least $500 can earn a 65% tax credit for individuals, and businesses can earn a 65% tax credit for contributions of at least $616.

Please contact our office for availability of tax credits!