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

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

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

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

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

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 ...

Tax1099, a leading IRS-authorized e-filing platform, reminds businesses to prepare and file Form 941 before the due date to ensure compliance and avoid costly IRS penalties. FAYETTEVILLE, AR AND ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced ...

The Siri icon is seen displayed on a phone screen in this photo taken in Krakow, Poland on Jan. 4, 2025. The Siri icon is seen displayed on a phone screen in this photo taken in Krakow, Poland on Jan.

Filing your income tax return (ITR) is a crucial financial responsibility that ensures compliance with tax laws and opens the door to various financial benefits, including refunds and smoother loan ...

Millions of taxpayers can file for free this year using the IRS' Direct File system. Launched by the agency as a pilot program in 12 states, Direct File processed approximately 140,000 returns in 2024 ...