From IRS Newswire / December 1, 2020…

CL-20-07: Special tax deductions available this year for cash donations to charities

On this Giving Tuesday, taxpayers are reminded there’s a special tax deduction available through Dec. 31, 2020 for the many people who give cash donations up to $300 to qualifying charities. Continue reading here or for Spanish here.

A Closer Look” is a column from IRS executives that covers a variety of timely issues of interest to taxpayers and the tax community. It also provides a detailed look at key issues affecting everything from IRS operations and employees to issues involving taxpayers and tax professionals.

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Chris Engler

Hi! I'm Chris Engler. I'm a missionary, husband, father, and a co-founder of MOM. I'm also an Affiliate Marketer that generates revenue through website links. For example, as an Amazon Associate I earn from qualifying purchases made through Amazon links on MOM's website. All affiliate marketing earnings help MOM fulfill the Great Commission locally, nationally, and globally. As always, thank you for your support!

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