The CARES Act provides donors “more bang for the buck” for donations made in 2020
The CARES Act provides donors “more bang for the buck” for donations made in 2020. Here's how the CARES Act changed charitable contribution tax deductions in 2020: Prior to the CARES Act, the law provided that individual taxpayers could deduct charitable contributions only if the taxpayer itemized personal deductions instead of taking the standard deduction. After