There are common scenarios where pet owners cannot claim tax deductions, even if their pet plays a significant role in their ...

You need to itemize to take a tax deduction for your charitable donations, but fewer people itemize now that the standard deduction has doubled. Even if you don’t itemize, there are other ways ...

Governments use taxes to fund the public good. Charities serve a similar role. But does the former affect the latter?

The world of cryptocurrencies is new, innovative and ever changing. Depending on the cryptocurrency, if you got in on the ...

The tax incentives for charitable giving haven’t gone away. Charitable donations to eligible 501(c)(3) non-profit organization, such as Save the Children continue to be itemized deductions which may ...

Is tithing tax deductible? Yes, but only if you opt to itemize your deductions. Here's everything you should know about ...

Limits apply, but pet-related expenses can be considered charitable donations, making them tax-deductible. "If you foster pets for a registered nonprofit, you can deduct costs like food ...

companies and firms to claim tax deductions on donations made to eligible charitable institutions and funds. One such eligible trust is the Shri Ram Janmabhoomi Teerth Kshetra Trust. Those who ...

If you’re looking to support an adult child with student loan debt, you may be wondering whether there's a tax benefit for doing so — especially if you're in a strong financial position. That's ...

You can gift up to $19,000 a year to your child without triggering gift taxes, but it won't give you a tax deduction. If you're in a strong financial position, helping your child with student loans ...