It’s that time again: tax season, a period of the year when millions of Americans pull their hair out, dig through old receipts and research endlessly on the Internet searching for tax deductions, tax exemptions and tax papers. It’s indeed a very busy time for everyone from coast to … [Read more...]
Charities Oppose Eliminating Tax Deduction
As lawmakers work to find new ways to eliminate the federal deficit, a greater focus has been placed on reducing or eliminating certain tax deductions, including the charitable deduction, which taxpayers may claim for donations made to nonprofits, churches, colleges and hospitals. In … [Read more...]
