Generous giving is a wonderful way tax saving charitable donations to support causes you care about and make a real difference in the world. But did you know that charitable donations can also offer significant tax advantages? By strategically planning your contributions, you can potentially reduce your Tax Burden and keep more of your hard-earned … Read More

Charitable giving is a noble act that can drastically impact organizations you care about. In India, Section 80G of the Income Tax Act provides a valuable incentive for donors by offering tax benefits on contributions made to eligible charitable organizations. Understanding the nuances of Section 80G donations can strengthen you to optimize your ch… Read More

The vehicle's FMV to the day from the donation to charity in someone's name contribution. In case the vehicle's FMV was more than your Price or other foundation, you might have to decrease the FMV to figure the deductible sum, as described underneath , described afterwards. in case you donate a qualified car having a claimed price of much more tha… Read More