07/27/2026
Good news for charitable givers!
A new tax law allows all individual taxpayers to deduct qualifying cash charitable contributions—even if they don't itemize deductions.
📌 Deduction limits:
• Up to $1,000 for Single filers
• Up to $2,000 for Married Filing Jointly
If you make cash donations to qualified charitable organizations this year, be sure to keep your records! Save receipts, bank statements, or written acknowledgments from the organization, as documentation is important when claiming the deduction on your tax return.
Have questions about what qualifies or how this may affect your taxes? We're here to help! Contact us to make sure you're taking advantage of every deduction available.
