Mississippi House Bill 1723 now provides eligible Mississippi businesses that support Feeding the Gulf Coast or one of the other three Food Bank Charitable Organizations within the state to receive tax credits equivalent to their donation. These credits offset Mississippi state income tax liabilities, providing a valuable incentive to support our essential work.
Your contribution to Feeding the Gulf Coast goes beyond alleviating hunger; it addresses a critical issue affecting countless individuals and families. Your generosity ensures nutritious meals reach those in need, offering hope during challenging times.
For guidance on utilizing these tax credits and understanding your business's benefits, please review the resources linked below. We also encourage you to consult with your tax professional to fully understand the implications of Mississippi House Bill 1723 for guidance on optimizing your tax strategy to maximize your tax savings through this opportunity. Deadline to receive tax credit is December 31, 2023.