He's also drawing up plans to ask companies to allow employees to contribute by payroll deduction to any Giving Back subaccount.

FORBES: Savior To The Stars

You must maintain a bank record, payroll deduction record or written communication from the organization with its name, the date and amount of your contribution.

FORBES: 10 Simple Rules For Tax-Wise Gifts To Charity

To claim a deduction for money you donate, you must maintain a bank record, payroll deduction record or written communication from the organization containing its name, the date and amount of your contribution.

FORBES: Saving Taxes By Giving To Charity

The Administration will require most employers who do not currently offer a retirement plan to enroll their employees in a payroll-deduction IRA unless the employee opts out.

WHITEHOUSE: Middle Class Task Force Releases Annual Report

On Monday, President Barack Obama sent his jobs plan to Congress and ask them to sign a number of provisions right away, including extending the highway bill, the payroll tax deduction, and an increase to that deduction for both employees and employers.

FORBES: Bringing Overseas Corporate Profits Back To US Not Necessarily A Job Booster