What will you give on Giving Tuesday?
This year, AHHAH wants to celebrate Giving Tuesday by having our very own Thanks Giving for YOU! All of us here at AHHAH are incredibly thankful for all of you who have supported our programs over the last 7 years. It is because of you that we are able to fulfill our mission of empowering youth, strengthening families, and mobilizing communities through literacy, mindfulness and expressive arts.
What will your gift do for our community?
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In order to stimulate philanthropy, the Coronavirus Aid, Relief, and Economic Security (CARES) Act is offering extra tax incentives this year for individuals and corporations. These provisions end on 12/31.
Learn more: The CARES Act: Charitable Giving Incentives (AFP)
*This tax information provided is educational in nature and should not be construed as legal or tax advice.
- Taxpayers can deduct up to $300 in charitable giving, even if you don't itemize.
- Taxpayers can deduct up to 100% of AGI for charitable cash contributions (60% normally).
- Corporations can deduct up to 25% of taxable income for charitable contributions (10% normally).
Learn more: The CARES Act: Charitable Giving Incentives (AFP)
*This tax information provided is educational in nature and should not be construed as legal or tax advice.