This year only, thanks to the CARES act passed in Spring, all Americans can take advantage of tax deductions by donating to a 501c3 Nonprofit organization such as the VDARE Foundation.
As described on the IRS site here, Americans who usually take the standard deduction instead of itemizing can now deduct up to $300 from their taxes.
Bonus: For 2020 only, there are also higher limits on tax-deductions to nonprofits for itemizers and corporations!
As law firm Skadden Arps explains in its client briefing:
Prior to the CARES Act, an individual’s deduction for cash contributions to public charities generally was limited to 60% of the individual’s adjusted gross income. The act increases the deductible amount for an individual’s “qualified contributions” — which are defined as cash contributions made during the 2020 calendar year to public charities [i.e. VDARE Foundation!]… — to 100% of the individual’s adjusted gross income, subject to a reduction for other charitable contributions.” [CARES Act Increases Deductions for Certain Charitable Contributions, by Skadden Arps, Slate, Meagher & Flom LLP, March 30, 2020 Skadden]
Please consider taking advantage of this special opportunity by donating to VDARE.com and protect the Historic American Nation!
