IR-2020-264 SUBMITTED BY FILOMENA MEALY
November 25, 2020
WASHINGTON – The Internal Revenue Service reminds taxpayers of a special new provision that will allow more people to easily deduct up to $300 in donations to qualifying charities this year.
Following special tax law changes made earlier this year, cash donations of up to $300 made before Dec. 31, 2020, are now deductible when people file their taxes in 2021.
“Our nation’s ...
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