Recent tax law changes will increase deductions for charitable contributions for some donors this year. Here is a high-level summary Starting this year, single filers who don’t itemize their contributions (about 90% of taxpayers) can claim a deduction for up to $1,000 in charitable contributions and joint filers can claim up to $2,000 on their tax returns. This is an increase from the $300/$600 amounts last year. This is a […]
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