Make your year-end contribution to the shul today! For those looking to pay outstanding pledges to the shul, now is a great time as we have a few more day left in 2020.
The CARES Act of 2020 created a new incentive to make donations to non-profits. Taxpayers who do not itemize their deductions can take a deduction in 2020 of up to $300 for gifts made to charitable organizations. This deduction is provided to all taxpayers who take the standard deduction on their 2020 tax return.
Please consult with your accountant or tax advisor on a final recommendation.