The CARES Act and Community: Three 2020 Upsides
Silver linings are hard to find this year, but it’s worth remembering that the CARES Act created important opportunities to increase giving to charitable causes.
Keep these three tools in mind as you considering your year-end tax planning:
Even for taxpayers who take the standard deduction, a reduction in adjusted gross income is available for charitable contributions up to $300 per taxpayer.…