The charitable contributions deduction reduces taxable income by allowing individual taxpayers and businesses to deduct contributions of cash and property to qualified charitable organizations.

How much tax you owe depends on your income. However, the federal government, through the Internal Revenue Service, allows you to claim deductions that reduce your taxable income and the amount of ...

Charitable gift limits Deductions for cash contributions are limited to 60% of your AGI. Non-cash contributions can be limited to 50%, 30%, or 20% of your AGI, depending on the type of property ...

Another dimension of Paul’s thought on the meaning of suffering is his conception of suffering as a means for sanctification, keeping pride at a minimum and trust in God at a maximum.

Christmas is one of the most important Christian and cultural holidays of the year, but what is the true meaning of Christmas? Is it the gifts? Is it the annual economic boost? The meaning of ...

Today, December 3, the Central Board of Film Certificate passed the Hindi version but with a few cuts. The word 'Ramavatar' was removed and it was replaced with 'Bhagwan'. The word 'Haraam zaada ...

Amid the ongoing Hindi vs Kannada debate, an Instagram video shows two women trying to hail autos in Bengaluru while talking to the autorickshaw drivers in Hindi and Kannada. In the video ...

As tax season approaches, we’re all searching for tax deductions to take advantage of. Using search engines, many people are looking for deductions to reduce their taxable income, hopefully ...

The Nigerian government has commenced deduction of N50 electronic levy from transactions made by users of Opay, Moniepoint, and other financial technology companies, DAILY POST reports.

Realtors' apex body CREDAI on Monday asked the government to give a 100 per cent deduction on interest paid on home loans under the Income Tax Act to boost demand for affordable and mid-income housing ...