We want to let you know about a few key provisions of the new CARES (Coronavirus Aid, Relief, and Economic Security) Act. This new law is designed to help you, businesses and nonprofits facing economic hardship during the coronavirus pandemic.
The new law allows all taxpayers to take a charitable deduction of up to $300, even if you do not itemize. You might think that this is a small amount and would not make a difference. But what if all of our donors gave “just” $300? Such support would have a huge impact on those we serve.
Always consult with your financial advisor or tax professional to ascertain how these opportunities may complement your own personal, philanthropic and tax planning objectives.
Monthly donations to YSB have a great impact not only for ensuring the safety and stability of teens, but also in developing a stronger next generation, for this community. Consider making an impact today.
Funding for YSB is provided in part, by the following: