When discussing what your clients might donate to charity, consider appreciated non-cash assets. Your client can always ...

When it comes to donating stocks, the key to maximizing the tax advantages comes down to whether or not your investment is ...

As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over ...

Recent changes in tax law have made it less financially beneficial to donate to charity, putting the donations that ...

Unlike donations to charitable trusts, there is no form or reporting mechanism under the Income Tax Act, 1961 for donations ...

Clients can donate both permanent life insurance (including whole life and universal life) and term life insurance to charity, but the donation options differ.

The new tax regime is now the default for taxpayers in FY 2023, allowing lower tax slabs but eliminating old deductions.

Nebraskans with disabilities would be able to apply for expanded savings accounts propelled by tax breaks for private ...

Save more tax in old tax regime by claiming up to Rs 8.5 lakh tax deductions for a salary income up to Rs 25 lakh. Moreover, ...

putting the donations that nonprofits rely on at risk. The Tax Cuts and Jobs Act of 2017 nearly doubled the standard deduction, which made it more financially advantageous for many taxpayers not ...