Image for Opportunities

When God closes a door, He opens a window. A window of opportunity is just what we have with the passing of the CARES act. Here are some of the opportunities available to us in 2020:

• A $300 above-the-line tax deduction (Tax-Free Contribution!)
• No Required Minimum Distribution (RMD) in 2020
• An elected tax deduction for cash contributions up to 100% of adjusted gross income
• Qualified Charitable Distributions are still available even in the absence of RMD