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Charitable Giving Incentives Under the CARES Act

[04/17/20]

Posted on April 17, 2020 in Health Law News

Published by: Hall Render

The Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) includes a number of provisions that encourage donors to provide assistance to charitable organizations. Specifically, the CARES Act: (1) creates a new $300.00 above-the-line deduction for taxpayers who do not itemize deductions and who make monetary gifts to charitable organizations beginning in 2020;... READ MORE

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