If you want to save some income tax by reducing your total taxable income then Section 80G is one of the available options.

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for ...

When a client’s family does not wish to inherit a collection or if its inclusion in the estate would create a significant tax burden, it is crucial ...

“If instead you make a really large charitable donation in one year to a donor advised fund and then dole it out over time so as not to overwhelm your beneficiaries then you might actually contribute ...

When Key Biscayne residents Michael Caggiano and Laine Shakerdge decided to start a nonprofit, they wanted to raise funds for ...

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

With the April 15 deadline right around the corner, you want to ensure you're taking advantage of all the deductions you can.