As defined in classic philosophy, an axiom is a statement that is so evident or well-established, that it is accepted without controversy or question. As used in modern logic, an axiom is simply a premise or starting point for reasoning.
Financial Planner. Iâm often asked if someone can take an income tax deduction for money they gift to their children. Gifts to individuals are not tax deductible. Tax deductions can only be taken for gifts to organizations on the IRS list of approved charities. However, there is a way to get a partial deduction for money that will eventually go to your children. A charitable lead annuity trust (CLAT) gifts money to a charity first, and then passes assets to your beneficiaries.
Yes, any donation you make to Khalsa Family Services, Inc, Khalsa School or Khalsa Montessori School is deductible on both your federal tax return and your state tax return if you qualify to itemize your deductions.he KCO is a separate legal entity, and is not part of the charter school. Donations you make to the KCO are deductible on your tax returns as itemized deductions, but do not qualify for a state tax credit.