CAN YOUR DONATION REDUCE YOUR TAXES?
YES, if you itemize your taxes, and now YES if you don’t itemize and use the standard deduction instead!
As part of the recognition that the Covid19 pandemic has hit charities hard, Congress passed the new $300 Universal Charitable Deduction as part of the CARES ACT. It allows Taxpayers who use the standard deduction (about 85% of us) to deduct up to $300 per year in charitable contributions. Such deductions must be cash (debit, credit card or check) and given to a 501(c)(3) charity like the Veterans National Recovery Center. Corporations also have an expanded ability to give to Veterans National Recovery Center under the law and may deduct charitable contributions up to 25% of taxable income
THANKS FOR YOUR GIFT!! We will be pleased to have it and will use it for good purpose in helping veterans heal invisible wounds!!
Bob Krause
President,
Veterans National Recovery Center
YES, if you itemize your taxes, and now YES if you don’t itemize and use the standard deduction instead!
As part of the recognition that the Covid19 pandemic has hit charities hard, Congress passed the new $300 Universal Charitable Deduction as part of the CARES ACT. It allows Taxpayers who use the standard deduction (about 85% of us) to deduct up to $300 per year in charitable contributions. Such deductions must be cash (debit, credit card or check) and given to a 501(c)(3) charity like the Veterans National Recovery Center. Corporations also have an expanded ability to give to Veterans National Recovery Center under the law and may deduct charitable contributions up to 25% of taxable income
THANKS FOR YOUR GIFT!! We will be pleased to have it and will use it for good purpose in helping veterans heal invisible wounds!!
Bob Krause
President,
Veterans National Recovery Center
Make a difference for veterans! When you shop at smile.amazon.com/ch/27-3714537 you generate donations for Veterans National Recovery Center For The Homeless & Ptsd Distressed and help “Heal Invisible Wounds” through our hands.Please use this link to do so!
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