How The CARES Act Impacts Charitable Giving

As we quickly approach the fourth quarter, year-end tax planning and charitable giving are often discussed with our clients. The CARES Act has expanded charitable giving opportunities for this year. For instance, a new "above the line" charitable deduction is available this year (up to $300 for single, $600 for married filers) even to those who claim the standard deduction. This article by Schwab... READ MORE