Both versions of the bill include provisions that allow non-itemizing tax payers to deduct charitable contributions.

Tax season can feel overwhelming, but it’s also a golden opportunity to keep more of your hard-earned money. Every year, ...

As the $3.5 trillion Australian wealth transfer starts to shape donations to charities, donors are making these four mistakes ...

Having the receipt for the donation in the name of a non or low-earning spouse, who gets a smaller tax deduction benefit. • Deliberately not claiming a deduction because they feel they shouldn ...

Not every donation is tax-deductible. Here’s what counts: Includes: You must have a receipt or bank statement, even for small amounts. You’ll need to estimate fair market value and provide ...

Accountant Miriam Holme said there were items Aussies could claim on tax without ... To claim donations of more than $10, you will need receipts. If your total claim for work-related expenses is $300 ...