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Tax Credits Benefit Special-Needs Kids

South Carolina Business Review logo

  Tax credits have been an issue in the recent political discussion but our next guest says that there is a little-known South Carolina tax credit that many people might want to know about, one that rewards tax payers for charitable giving to our state’s special needs children.

Mike Switzer interviews Wes Johnson, a certified financial planner with ACT Advisors in Charleston, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.