Give back to your cause and potentially maximize your deductible amount this year by making a gift to a qualified charity. Donations are often subject to tax benefits, meaning you can reduce your overall tax owed. To claim this benefit, it's important to maintain detailed receipts of all gifts contributed. Consult with a certified accountant to u

The CARES Act also produced other provisions to help you charities during the pandemic. These incorporate greater charitable contribution limitations for firms, individuals who itemize their deductions, and businesses that provide meals inventory to food items banking companies together with other qualified charities. NerdWallet doesn't make inves