From staff reports
Many non-profit charities, like Jefferson County Historical Society, are struggling this year due to COVID-19 and donations for many are down.
Many people may not realize it, but there’s a special tax deduction available for them through Dec. 31 to qualifying charities. JCHS is of course a qualified non-profit charitable organization.
The Coronavirus Aid, Relief and Economic Security (CARES) Act, enacted by Congress, includes a special $300 deduction for cash donations to charities designed especially for people who choose to take the standard deduction, rather than itemizing. Cash donations include those made by check, credit card or debit card.
The new law created other temporary provisions designed to help charities, including higher charitable contribution limits for corporations and individuals who do itemize their deductions. For more information, visit IRS.gov/coronavirus.
As the difficult year of 2020 comes to a close, there is still time to make a difference by helping the Jefferson County History Center and Scripture Rocks Heritage Park and at the same time helping your tax situation when filing taxes in 2020.