Donation Tax Benefits Expire 12/31

Attention Central Piedmont donors:

A temporary and pandemic-related tax provision will permit deductions for donations to qualifying charities on 2021 federal income tax returns.  

Married couples filing jointly can deduct up to $600 in cash donations while individual taxpayers can deduct up to $300 in donations. Taxpayers will not need to itemize deductions of their tax returns to take advantage of the provision, which creates tax-favorable donation options not normally available to about 90 percent of tax filers.

This provision applies to donations made by December 31, 2021.

For more information, visit https://www.irs.gov/newsroom/expanded-tax-benefits-help-individuals-and-businesses-give-to-charity-in-2021

To make a gift to Central Piedmont, visit our donation page.

Thanks to all who support Central Piedmont with your time, talent, and treasures. 

Posted in Announcements, Foundation News.