You Searched For "charitable deduction" and got 20 results
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1 min read
Beyoncé petitions IRS over $2.7 million in tax penalties, claiming government denied her millions in deductions and charitable donations
As Beyoncé prepares for her upcoming Renaissance tour, the megastar is pushing back on the IRS over…
Jordan Hart
3 mins read
A pro-Trump group organizing a DC rally for Jan. 6 defendants lost its tax-exempt status - but is still claiming donations are tax-deductible
Look Ahead America, founded by a former Trump campaign staffer, has been soliciting "tax-deductible…
Charles Davis
4 mins read
5 ways millennials can have the most impact donating their time and money to charity
Research shows that around 40% of millennials who donate to charity aren't satisfied with their str…
Kristen Robinson
2 mins read
2 ways the pandemic can change your taxes for 2020, and how to prepare
Remote work became the norm in 2020, but you may have additional taxes to pay, writes Kathy Pickeri…
Kathy Pickering
2 mins read
Trump accused Warren Buffett in 2016 of taking 'massive' tax deductions. The future president paid just $750 in federal income tax that year.
Trump paid no income taxes in 10 of the 15 years before 2018, while Buffett said he'd paid them eve…
Theron Mohamed
2 mins read
Here’s how salaried employees can save on their taxable income
The salaried class is the most distressed during tax filing season. However, from donations for cha…
2 mins read
To save tax, use cheque and not cash while donating to charity
As the current financial year approaches its end, salaried employees and taxpayers are figuring out…
6 mins read
11 tax deductions you won't want to forget about this year
Disclosure: This post is brought to you by the Personal Finance Insider team. We occasionally highl…
Caroline Lupini
1 min read
Taxpayer opting for new tax regime to forego deductions on PF, tuition fee, insurance
New Delhi, Feb 1 () A taxpayer opting for new income tax slabs and rates will have to forego a host…
PTI
5 mins read
Charles Schwab's charitable giving arm just got dragged into the college admissions scandal
For instance, a donor might think it's appropriate to pay for a charitable item at an auction throu…
Rebecca Ungarino,Casey Sulliv…
2 mins read
All you need to know about income tax deductions in India
The amount that is deducted will depend on the type of tax deduction you claim. Some of the …
1 min read
The 25 most charitable counties in the US, according to income tax data
To compose this list, we analyzed IRS income tax data from 2016, the most recent year for which suc…
Steven John
2 mins read
Want to save income tax? Here are all the charitable institutions where you can donate to and save tax
With only 6 months left to file the income tax return, people are desperately looking for options t…
2 mins read
The 'doubled standard deduction' in the GOP tax plan is a lie
Currently, you get to take the personal exemption even if you also itemize deductions, but you only…
Josh Barro
5 mins read
Here are the most important tax-planning steps business owners and freelancers can take to make smart deductions and prepare for tax season
It's also important to remember that the IRS is not the only entity interested in your returns. Fin…
Dominick Reuter
3 mins read
Here are the 15 most overlooked tax deductions
"While it is hard to say for sure, we can look at other countries that have implemented similar cha…
3 mins read
A financial adviser shares 5 smart things to do before the end of the year to save money on your taxes
To help you get organized and provide an opportunity for potential breaks before the New Year begin…
Marilyn Timbers, Contributor
8 mins read
Trump's tax plan could be bad news for the housing market, charitable giving, and local governments
Both Trump and Ryan say they want to simplify tax filing for most Americans. Independent analysts a…
Dan Bobkoff
1 min read
CHARTS: Tax Deductions Massively Favor The Rich
The EITC alone halves the average federal tax rate for Americans in the bottom 20%. The top 40% of …
Danny Vinik
5 mins read
8 of the savviest loopholes wealthy investors use to reduce or avoid capital gains tax
Some of these strategies allow investors to completely avoid paying taxes on their gains.