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Author Topic: want to save a buck on your income taxes?  (Read 220 times)

oatkasut

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want to save a buck on your income taxes?
« on: Feb 28, 2021, 08:54 PM »
 Folks, please remember if you donated $300 or more to a charity in 2020, you  can deduct $300 from your gross income  ALONG with your standard deduction! This little gem was included in the CARES ACT passed by Congress last fall for the 2020 tax season.  It will save you money, and even my accountant did not know about it! You can read about it by googling"2020 federal tax $300 charitable deduction".   Good luck with the savings! :) :) :) :)

 



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