Tax Benefits of Corporate Giving, with Jon Liff, CPA at Edelstein
Givinga
JULY 20, 2021
However, as described under the CARES Act implemented in 2020, Jon explained, “A big change in the tax law as it relates to corporations and corporate giving right now is the increased percentage that is allowable for deduction. Corporations are able to receive a qualified charitable deduction when they donate to any 501(c)(3) organization.
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