Income Tax

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Massachusetts income tax rate will drop to 5% on Jan. 1

Today, donations to charity are only deductible on federal, not state, income taxes.

Tags: Income Tax, Charitable Giving, Massachusetts
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Minnesota cuts taxpayers a break on 2018 deductions

The Revenue Department's decision is welcome news to charities, said Taylor Putz, a public policy advocate at the Minnesota Council of Nonprofits.

Tags: Minnesota, Income Tax, Tax Reform
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