Securing financial benefits 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 lowers your tax liability but also channels resources to … Read More

The CARES Act also created other provisions to aid charities in the pandemic. These involve greater charitable contribution limitations for companies, individuals who itemize their deductions, and organizations that provide foods inventory to foodstuff financial institutions and various qualified charities. Ramsey Solutions has been committed to s… Read More