Deighan Blog CARES Act Provides Unique Opportunities for 2020 Charitable Giving

The near doubling of the standard deduction under the Tax Cuts and Jobs Act of 2017 (“TCJA”) wrought fears that charitable organizations would see declines in donations where there was no corresponding tax benefit for an itemized deduction. The Tax Foundation estimates that the TCJA cut households itemizing deductions by more than half. However, Giving USA found that Americans gave ... The post CARES Act Provides Unique Opportunities for 2020 Charitable Giving appeared first on Deighan Wealth Advisors.