Extension of Charitable Giving Benefits under the CARES Act for 2021
By EsqSocial Corporation 08/06/21
Starting in 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) expanded the deductibility of charitable contributions to incentivize charitable giving during 2020. The Consolidated Appropriations Act (the “CAA”), which was passed on December 27, 2020, extended and expanded many provisions of the CARES Act for 2021, which continues to make this a favorable time for making charitable contributions......
By: Schwabe, Williamson & Wyatt PC