Charitable giving is a noble act that can greatly impact the lives of others. However, savvy donors understand the importance of making their contributions effectively. By leveraging Section 80G benefits, you can not only contribute to worthy causes but also minimize your tax liability. This section of the Indian Income Tax Act provides financial i… Read More

Give back to your society and reduce your tax burden this year by making charitable donations. A donation to a reputable charity is not only a thoughtful gesture but also a smart financial move. When you contribute to a charity, you can maybe decrease your taxable income, resulting in a larger tax refund. Consider making a donation to a cause that … Read More

You can inquire any organization whether it is a 50% limit Group, and most should be able to inform you. Also see The IRS needs nonprofit donation receipts when a donor makes a charitable contribution of $250 or even more. In these scenarios, nonprofits will have to give a receipt to adjust to IRS polices and permit the donor to claim a tax deduct… Read More