The Mumbai ITAT has rejected a taxpayer’s claim for tax deduction on a Rs 2 lakh political donation, ruling that the contribution was part of a bogus donation scheme used to claim benefits under ...

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One of the ways to reduce your liability this tax year is to decrease your taxable income. And the best way to do this is by taking advantage of tax ...

Donor-advised funds offer an upfront tax break but mean losing control of your money.

Claiming these six tax breaks the wrong way could trigger IRS audits, penalties, or repayment demands. Learn the common mistakes and how to protect yourself.

Some donors have made commitments to donate more than $70m over the next two years, said DPM Gan Read more at ...

ChatGPT revealed last-minute tax moves before filing: max out retirement contributions, fund HSAs, harvest losses, itemize ...

The Tribunal ruled that collection of fees by an educational trust does not negate its charitable character. Where donations and fees are separately accounted, denial of 80G approval is ...

Discover the key changes in retirement planning for 2026, including higher contribution limits, new tax deductions, and rising healthcare costs. Learn how these shifts impact your financial future and ...

This is the time of year when people's minds are filled with tax issues — whether they're searching for free tax help they can trust, trying to squeeze out more valuable ...

Companies can show support for education by donating excess inventory using NAEIR.org In-kind donations not only ...

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