Category: Summer 2020

Testing out editing this story. Except.

The CARES Act is helping donors like you make an even greater impact! 2020 charitable giving got a boost with the new CARES act. If you don’t itemize, you can take up to a $300 deduction for a single taxpayer, and $600 for married couples. This is an “above the line” adjustment to income that will reduce a donor’s adjusted gross income (AGI), and thereby reduce taxable income.