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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
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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
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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
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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
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And this would dramatically reduce their incentive to extend unemployment benefits, to support the conversion of the Make Work Pay tax credits President Obama enacted into this payroll tax deduction, which as I said, I read all these economic studies.
WHITEHOUSE: Press Briefing with President Obama and President Clinton
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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