Knox News letters reflect the views of the authors and add to public discourse. At issue: The school voucher bill passed by ...

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for charitable donations. The deduction was adopted by 67 percent of Massachusetts ...

As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over ...

Gift Aid transforms charitable donations by allowing charities and CASCs to claim 25p extra for every £1 given—at no ...

The secret is in leveraging both tax deductions and tax credits. Before you start your tax return, let’s clarify the differences between a tax credit and a tax deduction and how both work to ...

You are able to gift 5 more articles this month. Anyone can access the link you share with no account required. Learn more. President Biden’s farewell address to the nation pointed to the ...

Individuals are being scrutinized by the income tax department for fraudulent claims on donations, investments, and interest payments. Extensive searches revealed bogus donations to political ...

This is the final tax year for a cap on the federal government's State and Local Tax (SALT) deduction, which reduces your IRS income tax bill based on taxes you've already paid to state and local ...

The program has become a popular way for businesses and individuals to contribute to school districts. HELENA — It took just one hour and 13 minutes for $6 million in state income tax credits ...

In his first presidential term, Donald Trump made big tax cuts. Yes, there were cuts for the middle class, along with larger cuts for the wealthy. Trump made the middle-class tax cuts temporary ...

Members of the House Freedom Caucus have an idea for lawmakers from California, New Jersey and New York seeking to expand a key tax deduction in negotiations over a sweeping GOP policy bill ...

The maximum amount for a single donation through the innovative educational program tax credits. “We haven't received a donation in the past. So, it's a pretty exciting time for us to be able to ...