Tag: CARES Act

CARES Act allows those taking standard deductions to deduct up to $300 in charitable donations

CARES Act allows those taking standard deductions to deduct up to $300 in charitable donations

CARES Act allows those taking standard deductions to deduct up to $300 in charitable donations The federal tax law passed in 2017 doubled the standard deduction taken by those filing their income taxes as single or married filing jointly. It simplified tax filing for many while greatly reducing the number of filers who itemized their […]