Securing financial benefits through charitable donations is a noble endeavor that fosters responsible wealth management. Under Section 80G of the Income Tax Act, contributors can claim deductions on their income tax returns for contributions made to eligible organizations . This provision not only lowers your tax liability but also allocates resour… Read More

Other qualifying corporations can be found by using the Tax Exempt Group look for tool on IRS.gov to ensure the Firm is qualified for tax-deductible donations. The recipient charity should be a professional Corporation less than federal tax legislation for the charitable contribution to get deductible, The IRS reminds persons and companies that … Read More