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News Dec. 17, 2020

Do your research before making charitable donations

Many people will be making donations to benefit charitable organizations during the holiday season, and it is important to do your research so you know how to responsibly donate.

Information is available at usa.gov regarding researching a charity before donating; types of donations; protecting yourself from charity scams; and federal tax deductions for charitable donations. Learn more.

Additionally, the IRS is reminding people that the CARES Act suspended limits on charitable deductions, so individuals temporarily may deduct charitable contributions of up to 100% of their adjusted gross income. Learn more.

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