Remove blog all-you-want-to-know-about-donation-receipts
article thumbnail

How to Start a Nonprofit Organization in 2021 (Step-by-step)

LyfeAccounting

So you win in both ways, you save on taxes and you support your favorite social cause. So in this post, we’re going to show you exactly how to start a nonprofit organization in 2021, step-by-step. This is because once people see that you are established as a 501(c)(3) then two things happen. Keep reading!

Georgia 52
article thumbnail

How to Claim Tax Deductible Charitable Donations

LyfeAccounting

We’ve all heard the phrase. As a bonus, the US tax code allows you to receive when you give, in the form of tax deductions that can lower your tax bill. And today, we’re going to be going over everything you need to know about tax deductible donations. Tax Deductible Donations: Limits & Value.

Tax 52