Acton Institute Powerblog Archives

Post Tagged 'deductions'

The Power of Individual Giving

It’s the beginning of tax season. Since I’m still in school, I typically have to get my returns done early so that I can include them as part of financial aid applications. Continue Reading...

Keep Those Receipts!

Filing your taxes just got a little more complicated. The IRS recently announced new guidelines for charitable deductions to be introduced for the 2007 tax year. Beginning next tax season, “taxpayers must provide bank records or other information when claiming deductions for charitable donations of money.” These records can include credit card statements and canceled checks. Continue Reading...