It’s not too late to take advantage of the IRS’ additional $300 tax deduction – on top of the standard deduction - for charitable contributions during 2020.
In case you haven’t heard, the IRS (Internal Revenue Service) has a gift this holiday season for Infinite Family’s generous American donors. In addition to the standard deduction you can take next April, Uncle Sam is giving you an additional charitable tax deduction of up to $300 on donations to US charities in 2020.
We are not tax experts, so please consult a tax preparer on how best to claim this deduction.
Don’t miss it! To take advantage of this benefit, make your gift to Infinite Family before midnight on December 31. |