EPISODE · Nov 13, 2020 · 6 MIN
IRS News - How the CARES Act changes deducting charitable contributions
from Tax & Current Accounting Topics
How the CARES Act changes deducting charitable contributions https://www.irs.gov/newsroom/how-the-... https://accountinginstruction.info/ Whether taxpayers are supporting natural disaster recovery, COVID-19 pandemic aid or another cause that's personally meaningful to them, their charitable donations may be tax deductible. These deductions basically reduce the amount of their taxable income.
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IRS News - How the CARES Act changes deducting charitable contributions
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