tax deduction

Bipartisan legislation that would allow Americans to raise the amount of money they can deduct from their federal taxes for charitable donations is supported by more than 25,000 organizations. The Charitable Act would enable taxpayers to…

Employers can improve employee morale, the work environment, and brand perception by fostering a volunteer-friendly culture. Volunteer work is always valuable, but is it eligible for a federal tax deduction? IRS Doesn’t Include Tax…