IRAs and Roth IRAs are popular tax-deductible savings accounts, with contributions tax-deductible in the former and withdrawals in the latter. A 529 plan offers tax benefits for higher education expenses. The most popular forms of tax-deductible savings accounts are the IRA and the Roth IRA. These work in different ways, with the tax deduction applicable […]
Formal receipts are required for cash or property donations of $250 or more in the US. The receipt must be itemized and include the organization’s contact information and the contact information of the person who made the donation. The cost of everything received in return must also be added to the receipt. When a business […]
