The 2020 Coronavirus
Stimulus Package Bill
and Charitable Giving:
Corporations may now donate up to 25% of taxable income for the year 2020.
Individuals may donate up to 100% of their adjusted gross income in cash donations for the tax year 2020, but must notify the IRS.
Gifts of up to $300 are now 100% deductible, whether or not individuals itemize their deductions.
The Life Center is a 501(c)(3) nonprofit organization. Your contribution is tax-deductible to the extent allowed by law.