This is likely the last year to receive the so-called “above the line” deduction for charitable contributions for non-itemizers.
If you contribute to a charity before the end of the year in amounts up to $300 for single filers and $600 for married filing jointly, you will receive the deduction even if you don’t itemize. Itemizers also get the deductions. Give on or before December 31!
This is a great opportunity to bless your local charity. Try to find a local Charity who is doing good work in your community as opposed to funding large national Charities.
Click here to schedule a consultation. At The Murray Nellis Law Group, we combine estate planning with tax law to better assist our clients with charitable gift planning.
Protect your family, preserve your legacy, and accomplish your organization’s mission.
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