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Taxes are certainly not a donation. Taxes are compulsory payments while donations are voluntary contributions to a tax qualified non-profit organization.
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Does charitable donations have an effect on your taxes?
yes they do. you can deduct charitable donations from the taxes that you are required to pay.
Where do ministries get their money?
from our taxes, from donations and investments.
Is donations to charity a selling expense?
Charitable donations would be listed in its own category as "charitable donations". These can be used as deductions for Itemized Taxes.
How do you write off charity donations on your taxes?
If you would like to write off charity donations on your taxes be sure you have all receipts and a flawless record of your donations. When you file your taxes itemize the deductions on the appropriate page. If you are unsure how to fill out a tax form get help from a tax professional.
Can I claim donations of cars to charity on my CT state income taxes?
No. The tax deduction will be on your federal income taxes instead.
Who funds the salvation army?
The Salvation Army is NOT funded by taxes. The bulk of their funding comes from donations given by the general public, be it through direct donations, fundraising efforts, or legacies left in wills or trusts.
What were the taxes in the Revolutionary War times?
Well if by taxes you mean donations to the Colonist Army, then probably a few pounds per week. If you mean taxes for the British Army, then around 8 to 10 pounds.
Can you claim car donations in your taxes?
Yes, you can claim your car donation on your taxes. You can only claim the fair market value or the blue book value of the vehical but it must be donated to a bonafide charity.
Do taxes pay for police drug dog training?
Some training costs are paid out of Municipal and /or State funds. Other dogs are trained with funds from donations.
How much does the government take for taxes?
The amount of money that your government takes for taxes is based on how much money you earn, the deductions you take such as for charitable donations, your marital status, the type of work you are involved in and other factors listed on the tax form.
Is there other ways for government to have money without collecting taxes?
There are other source of revenue for the government other than collecting taxes such as capital receipts, revenues from state-owned enterprises, interest from investment funds, fines, loans, and donations.
What were the negatives of the Articles of Confederation?
The articles of confederation were unable to enforce taxes. They were only able to get "donations", this made the over all central government weaker than those of the states who were authorized to issue taxes. Also the states did not have equall representation in the government.
