As you plan your end-of-year giving, the IRS reminds you that limits are suspended on charitable contributions for individuals and corporations.  Individuals may deduct qualified contributions up to 100% of their adjusted gross incomes.  No matter how small or large, many people can benefit from charitable deductions in calendar year 2020.   Visit go.usa.gov/xfQZs #COVIDreliefIRS to learn more.

The CARES Act made changes in the ways many of us deduct charitable contributions.  If you don’t itemize deductions, you may now take a charitable deduction of up to $300 for cash contributions made in 2020 to religious and other qualifying organizations.   For full details, visit  go.usa.gov/x79jx #IRS #COVIDreliefIRS.