Giving 2020

WATCH THE JUNDT’S STORY

The 2020 CARES Act allows individual taxpayers to deduct donations to charity of up to $300 on their 2020 federal tax return without itemizing deductions. Taxpayers can take this universal deduction no matter whether they itemize or take the standard deduction on their taxes. If your company has a charitable donation matching program, do not forget to double your gift by submitting your support to GLASA.