This time of year is ideal for pausing to think about what you’re grateful for in your life. Often, that reflection can lead you to consider the kinds of charitable causes you’d like to support.
If you’re planning any year-end charitable giving, it’s a good idea to keep the tax benefits of those kinds of gifts in mind.
To help you with that planning, we’ve put together this guide that covers CARES Act temporary changes, qualified charitable distributions, itemizing your deductions, and how to time your charitable contributions.
If you have any questions about gift-giving to charities and nonprofits, please let us know.