Tax deductions are specific expenses that the IRS allows taxpayers to subtract from their total income. By lowering taxable ...

Before the cap, more than one-third of California tax filers claimed the SALT deduction, averaging about $19,000.

Approximately 50 Apple employees have been fired from the Cupertino company for allegedly defrauding it via its Matching Grants program, in which the company matches 100% or 200% of the charitable ...

As we embark on a new year, it’s time to take a fresh look at your financial strategies, particularly when it comes to your ...

Retiring Ohio Representative Brad Wenstrup (R-OH) released the following statement after his bill, the VSO Equal Tax Treatment (VETT) Act, was recently signed into law by President Joe Biden.

“These Arizona tax credits are beneficial to taxpayers because they can essentially take money they would otherwise be paying in taxes and direct it to a Qualified Charitable Organization ...

As cryptocurrency gains mainstream traction, 2024 marked another milestone for digital assets like Bitcoin, which reached ...

Your contribution to the Arizona Daily Star Sportsmen’s Fund Send a Kid to Camp Fund qualifies for the Arizona tax credit for donations to qualifying charitable organizations. Our code is 20450.

A partnership comprised of building owners from South Carolina failed to convince the US Tax Court that its donation of a ...

Americans are giving less to charity, hurting nonprofits like the Baldwin Center soup kitchen in Pontiac, Michigan. It may ...

Nonprofits often plan their budgets with the expectation that end-of-year fundraising will cover essential programs and ...

The federal government plans to extend the deadline for claiming charitable donations on tax returns through to the end of ...