CARES Act offers tax incentives for donations

The recently enacted The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) not only provides needed assistance to families and businesses across the country, it also offers tax incentives for donors.

The act establishes charitable tax deductions for all individuals as well as corporations for the 2020 tax year.

For specific information on what these changes mean for you or your business, please consult a professional tax advisor.

Visit CatholicCharitiesWichita.org to donate.