Company Donation

 

The CARES Act of 2020 introduced a $300 deduction for non-itemizers who made cash contributions to public charities during 2020 and temporarily increased the limit on the charitable deduction for cash contributions to 100% of AGI, up from 60%. Both of these incentives for charitable giving have been extended through 2021 by the stimulus provisions included in the Consolidated Appropriations Act of 2020.

 

 

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