Securing financial benefits through charitable donations is a noble endeavor that fosters responsible wealth management. Under Section 80G of the Income Tax Act, contributors can claim deductions on their income tax returns for contributions made to eligible non-profits. This provision not only minimizes your tax liability but also channels resourc… Read More

The draw back is you gained’t receive any tax deductions in the course of your life span, along with the charity received’t get nearly anything until eventually Once you die, which can be many years away. What many retirees don’t know is that they can donate all, or even a percentage of, their necessary bare minimum distribution (RMD) direct… Read More