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

Unlike donations to charitable trusts, there is no form or reporting ... be a soft nudge from the tax department, likely targeting taxpayers who may have claimed deductions for fake 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.

Finance Minister Nirmala Sitharaman has made the new tax regime more attractive by making income up to Rs 12 lakh tax-free in ...

MPs have urged the cabinet to scrap the special charitable status currently applied to climate campaign group Extinction ...

Tax season is officially underway! Here are an expert's tips on how to start, common misconceptions, and how to find some ...

Education stakeholders expect Finance Minister Nirmala Sitharaman to significantly increase education spending beyond the ...

When discussing what your clients might donate to charity, consider appreciated non-cash assets. Your client can always contribute cash, but appreciated non-cash assets held more than a year can help ...

First-time filers sometimes fall into the trap of believing that only full-time, permanent employees have to file and pay ...

Make sure you have all of the necessary forms. If you don't ... tax credits reduce the actual tax you owe. In the case of donations, you must itemize to deduct charitable contributions.

The majority of all U.S. tax filers typically do get a refund, which the IRS usually issues within 21 days of accepting your return. But the agency notes on its site that if you are claiming an Earned ...

USA Herald [Farmington Hills, Michigan] - From spiritual enlightenment to alleged tax fraud, Manoj Bhargava—the billionaire founder of 5-Hour Energy, former monk, and self-proclaimed ...