Tax & Current Accounting Topics

Most taxpayers can deduct up to $300 in charitable contributions without itemizing deductions


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Most taxpayers can deduct up to $300 in charitable contributions without itemizing deductions 

https://www.irs.gov/newsroom/most-tax... 

https://accountinginstruction.info/

COVID Tax Tip 2020-170, December 14, 2020  Following tax law changes, cash donations of up to $300 made this year by December 31, 2020 are now deductible without having to itemize when people file their taxes in 2021.

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Tax & Current Accounting TopicsBy Robert (Bob) Steele