Embarking on a philanthropic journey can be fulfilling. While the desire to contribute is commendable, understanding the nuances of tax benefits associated with charitable donations can amplify your impact. Section 80G of the Income Tax Act provides a framework for eligible donations directed towards registered charitable organizations. By utili… Read More

You’ll also need a receipt that sends anytime your recurring donor’s transaction processes. We suggest utilizing a template that tells the continued story within your nonprofit to your standard donors. If you propose to assert itemized deductions for charitable contributions on your own tax return, the deduction limit has reverted back a… Read More