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Join The Catholic Action Network

Join The Catholic Action Network
This is the image for the news article titled Join The Catholic Action NetworkThe push for Education Tax Credits is on!  Families, teachers, and friends – your support is needed!  Please go to www.nyscatholic.org, click on the Join Network and be a part of advocating for Catholics.

CAPE Email Masthead

Tax Reform Success
December 19, 2017

Dear Friends of Religious and Independent Schools,

Thanks so much for your help with CAPE's campaign to contact Congress regarding the Tax Cuts and Jobs Act. We are pleased to report that the legislation expected to be approved today favorably resolves the four issues the campaign addressed:

  • Expansion of 529 Accounts: Starting in 2018, these accounts can be used for up to $10,000 in tuition expenses annually in elementary and secondary schools.
  • Section 117(d): Tax-free tuition reductions for the children of teachers and other employees in our schools remain intact.
  • Section 127(a): Tax-free benefits of up to $5,250 annually for educational assistance to employees are retained.
  • Teacher Tax Deduction: Educators can still take the $250 above-the-line deduction for expenses for classroom materials or professional development.

CAPE's online advocacy campaigns this month have generated tens of thousands of contacts with Congress. We are grateful for your participation.


Sincerely,



Joe McTighe
Executive Director




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