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Tax Deduction News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Tax Deduction News

  • Editorial: Soaking the rich 24 Nov 2009 07:30 GMT
    ... a guess. Mr Levin wants an “additional tax to the upper brackets, folks earning more ... median incomes is minimal, and because numerous deductions (withdrawn for those on high incomes) have ...

  • Debate flares over fairness of taxing 'Cadillac' health plans 24 Nov 2009 07:11 GMT
    ... has what many would consider a "Cadillac" health plan, now targeted for a big tax increase by health reformers. She has $10 copays and no deductible. She gets generic prescription drugs for $10. Her plan covers mental health counseling, organ ...

  • Bulletin Board: Line dance lessons 24 Nov 2009 07:10 GMT
    ... to the library at 6619 Miss. 305 N. Be sure to ask for a tax-deductible receipt. The DeSoto County Republican Club meets every second Tuesday of the month at ...

  • 26 Years After First Incidence, Disease Returns 24 Nov 2009 07:10 GMT
    ... who, through no fault of their own, face temporary financial hardship. Donations, which are tax-deductible, make it possible to assist people like Ceaser, who was already living paycheck-to-paycheck when ...

  • Calumet Twp., late tax bills tied 24 Nov 2009 06:56 GMT
    ... Lake County residents are doomed to late tax bills and expensive borrowing again in 2010 ... in time to qualify for income tax deductions. This year's final deadline for paying 2009 ...

  • Tickets to Thanksgiving Day game on sale now 24 Nov 2009 06:54 GMT
    ... for all ages, as well as hats, mittens, gloves and boots. All donations are tax-deductible and donors will be issued receipts for their gifts. Donations of winter clothing may ...

  • Charitable Trusts - A Win-Win Proposition 24 Nov 2009 06:51 GMT
    ... have a number of unique properties, including tax advantages, privacy, and the ability to exercise ... advantages. First, they provide an immediate tax deduction, the size of which is determined by ...

  • In tight times, donors should give wisely 24 Nov 2009 06:51 GMT
    ... money it takes in to provide the services it supports. • Is my donation tax deductible? Verify the tax-exempt status of the charity. You can check by going to the ...

  • What to ask before giving to a charity 24 Nov 2009 06:47 GMT
    ... expenses can be high, so check carefully. If you want to take a charitable deduction for federal income tax purposes, make sure the organization is tax exempt as a charity under section 501(c)(3) ...

  • Bad times could get worse for Obama 24 Nov 2009 06:46 GMT
    ... met by company increases in premiums and-or deductibles and co-pays. The New York Times cites ... investment banks reap huge bonuses by taking taxpayer-backed bets on stock in companies that most ...

  • Debate flares over fairness of 'Cadillac' health plan tax 24 Nov 2009 06:44 GMT
    ... has what many would consider a "Cadillac" health plan, now targeted for a big tax increase by health reformers. She has $10 copays and no deductible. She gets generic prescription drugs for $10. Her plan covers mental health counseling, organ ...

  • Salvation Army seeks bellringers, even those who would rather not leave the comfort of their homes or offices 24 Nov 2009 06:44 GMT
    ... donate directly and to invite friends and associates to give, as well. Donations are tax deductible and you receive a receipt to your e-mail immediately. The "virtual" kettle can become ...

  • Contributions reach $1,905 for 'Sharing at Christmas' fund 24 Nov 2009 06:41 GMT
    ... to families a few days before Christmas. The Gazette’s Sharing at Christmas program accepts non-tax deductible donations of money and new toys from individuals, businesses and civic groups. All of ...

  • Study links corrosion and Chinese-made drywall 24 Nov 2009 06:41 GMT
    ... the Internal Revenue Service to determine how some homeowners might qualify for casualty loss tax deductions. Federal agencies have received reports of the problem drywall from more than 2,000 homeowners ...

  • How to donate in the downturn 24 Nov 2009 06:07 GMT
    ... have disposed of everything you own, triggering taxable capital gains. By making a bequest you'll ... one) and you'll also be allowed to deduct any annual premiums you pay. Alternatively, you ...


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