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Act Now: Expanded Charitable Deductions End In 2021

October 29, 2021 9:20 AM | Anonymous

Expanded tax benefits for charitable contributions expire at the end of 2021, so it is important to consider additional giving now. Both the CAREs Act and the later Taxpayer Certainty and Disaster Tax Relief Act of 2020 put in place temporary, more favorable charitable deduction rules.

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Source: Frazier & Deeter

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