Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified ...

Section 80G provides tax relief for sums donated to certain approved funds, charities, and similar bodies, subject to strict ...

Learn how to file taxes for your side hustle, from reporting income and claiming deductions to paying self-employment taxes and avoiding IRS penalties.

The issue highlights that automated messages questioning donation deductions lack clarity on mismatches, forcing donors to revise returns without knowing the actual ...

This explainer breaks down how Section 80G deductions work and who can claim them. It highlights deduction categories, ...

Could half of the people who qualify for Trump Accounts lose out? What parents need to do to make sure they're on track to ...

Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.

The CBDT said enforcement action against multiple tax intermediaries exposed organised rackets that were filing income tax ...

A donation is the actual amount of money donated to a charitable organization, trust or fund. However, a deduction is the tax ...

New support expands TaxBandits’ platform to include IRS Form 1099-DA digital asset reporting. ROCK HILL, SC / ACCESS Newswire / December 16, 2025 / TaxBandits, an IRS-authorized e-file provider, now ...

A government program that allowed taxpayers to file free federal tax returns has been cancelled, but there are still no-cost options available — especially if you meet certain income requirements or ...

Taxpayers under the old regime can still claim deductions for charitable donations via Section 80G. New FAQs from the Income ...