Did you know that the new CARES Act allows a $300 charitable deduction for individual taxpayers? A bright spot for nonprofits!
For the majority of people who no longer itemize their charitable giving, the CARES Act allows these individual taxpayers to deduct donations to a qualified non profit of up to $300 on their 2020 federal tax return. Such deductions must be:
Take advantage of this change, send a cash donation to us before December 31st, and Thank You! Comments are closed.
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