Tips for Giving in 2021
If charitable giving is in your budget for the year-end giving season, here’s some tips and tools that we hope will be practical and useful.
TIPS FOR GIVING IN 2021
If charitable giving is in your budget for the year-end giving season, here are some tips for giving in 2021. We hope they are practical and useful.*
THE CARES ACT: DEDUCTION FOR NON-ITEMIZERS
Taxpayers who don’t itemize may still deduct up to $300 per year (individual filers; $600 for couples) in charitable contributions. This provision ends in 2021 so take advantage of this deduction while you can!
WORKPLACE GIVING: ARE YOU A FEDERAL OR STATE EMPLOYEE?
CFH participates in the Combined Federal Campaign (#99704) and the NY State Employee Federated Appeal (#51-00481).
Please consider selecting CFH for your support.
IRA CONTRIBUTIONS
In addition, the CARES Act changed the rules for making contributions from your IRA. For more information, some helpful links are provided here: IRS, Fidelity.
*The suggestions and resources provided above are not intended as tax advice or endorsements of any source by CFH. Therefore, please seek professional advice for your personal, financial situation.
Other Ways to Give
For gifts of stock, to make your gift monthly, or in memory/honor of someone, please visit this page.
