16 May 2017
If you help out an animal shelter or animal rescue or foster organization that the Internal Revenue service (IRS) recognizes as a 501(3)(c) charity, you may qualify for a tax break. Aside from volunteering your time, you may be able to deduct on your federal income tax return certain unreimbursed expenses that you incur in supporting a nonprofit pet organization. Allowable Deductions Although you can't deduct expenses for the care of dogs, cats, or other animals that you rescue on your own, involvement with a qualified nonprofit group allows you to deduct charitable contributions you make to help pay for pet food, cat litter, dog leashes, pet crates, pet cleaning supplies, and veterinary bills.
16 May 2017
Getting into the habit of making bad financial decisions can place you under a large amount of debt throughout the years. You can end up owing more creditors than you are able to afford to pay back. If you are currently experiencing such a situation and want to make a change, there are several things that can be considered for getting your finances back on track. The way that you should go about handling the situation depends on the extent of debt that you are in, as well as your ability to pay creditors.