President Trump signs CARES Act
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President Trump signs CARES Act
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In 2020, the CARES Act introduced a new $300 charitable deduction for cash contributions to qualifying non-profit organizations. The deduction is $300 per individual return, meaning if you're a Single filer or Married Filing Jointly you can claim up to $300 on your return without needing to itemize. Learn more: https://bit.ly/2MsYWXU | TaxAct
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