Securing financial perks through charitable donations is a noble endeavor that fosters responsible wealth management. Under Section 80G of the Income Tax Act, taxpayers 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 directs resources to c

"That will help you lessen your taxable income," suggests Ed Slott, a CPA who educates monetary advisers on IRA and retirement planning approaches. You can also claim a charitable deduction, assuming it is possible to itemize within the calendar year you donate. Check your inbox shortly for practical tips on how charitable offering may help you sa