Are you planning to make a gift?
The CARES Act has some incentives for charitable gifts to VMI.
- Taxpayers may take a charitable deduction of up to $300, even if you don’t itemize.
- If you itemize your deductions, it allows for cash contributions to VMI to be deducted up to 100% of your gross income in 2020.
Would you consider a gift to ensure VMI remains strong through uncertainty?
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