The CARES Act which provides relief for the nation includes provisions to encourage charitable giving. For those who don’t itemize their tax returns, gifts to charities of “up to $300” can be deducted. For those who do itemize, and...
The Coronavirus Aid, Relief and Economic Security (CARES) Act enacted on March 27, 2020, included three provisions for people with IRAs including waiving the Require Minimum Distribution. Read further for a summary of the changes plus a reminder about...
The Coronavirus Aid, Relief and Economic Security (CARES) Act signed into law by the President on March 27 includes three distinct loan programs nonprofit organizations can access to get cash to meet operating costs, including retaining or rehiring staff,...