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

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

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 ...

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

According to Labor charitable donations and other non-work related deductions would continue to be claimed on top of the instant tax deduction. “We’re reforming the tax system to make it ...

The world of cryptocurrencies is new, innovative and ever changing. Depending on the cryptocurrency, if you got in on the ground floor, there's a good chance that you've seen a sizable return ...

"Tax wise, it's a substantial difference ... found strategies to reduce their tax burdens. Others make charitable donations and deduct business expenses from their incomes.

Have you made a donation to an association or organization of general interest? In that case, you benefit from a tax reduction. It depends on the amount paid and on the charity. We provide you ...

It’s the end of the line for a bill written and introduced by locals that would have allowed donations to community projects to be matched by state tax credits, a boon to non-profit groups such as ...

It does not necessarily reflect the view of The Herald. A MAJOR Scottish charity has pointed to the Labour Government’s tax rises after closing down a “crucial” service. Chancellor Rachel Reeves ...