SERVICE BULLETINS | SERVICE TIMES
✕
CARES Act Impact on Charitable Contributions
  • About
    • Welcome
      • Who We Are
      • What to Expect
      • What We Believe
    • Leadership
      • Clergy
      • Vestry
      • Staff
    • Locations
      • Ponte Vedra Beach
      • Iglesia de Cristo Episcopal
      • Christ Church Among the Oaks
      • Christ Church Online
    • News
  • Worship
    • Our Services
    • Bulletins
    • Christ Church Online
    • Life Events
    • Music
  • Connect
    • Events
    • Christ Church Cares
      • Pastoral Care and Support
    • Get Involved
      • Children and Families
      • Choirs & Music Groups
      • Community Circles
      • Single Adults
      • Spiritual Gifts Assessment
      • Youth Ministry
    • Learning
      • Adult Formation
      • Children’s Formation
      • Youth Formation
    • Community
      • Community Outreach
      • Covenant Society
      • Charitable Foundation
      • Scholarship Commission
      • Preschool
      • Creative Academy
      • The Lighthouse
  • Contact
    • Locations
    • Staff
    • Careers
Give
✕
  • About
    • Welcome
      • Who We Are
      • What to Expect
      • What We Believe
    • Leadership
      • Clergy
      • Vestry
      • Staff
    • Locations
      • Ponte Vedra Beach
      • Iglesia de Cristo Episcopal
      • Christ Church Among the Oaks
      • Christ Church Online
    • News
  • Worship
    • Our Services
    • Bulletins
    • Christ Church Online
    • Life Events
    • Music
  • Connect
    • Events
    • Christ Church Cares
      • Pastoral Care and Support
    • Get Involved
      • Children and Families
      • Choirs & Music Groups
      • Community Circles
      • Single Adults
      • Spiritual Gifts Assessment
      • Youth Ministry
    • Learning
      • Adult Formation
      • Children’s Formation
      • Youth Formation
    • Community
      • Community Outreach
      • Covenant Society
      • Charitable Foundation
      • Scholarship Commission
      • Preschool
      • Creative Academy
      • The Lighthouse
  • Contact
    • Locations
    • Staff
    • Careers
sticky-logo
  • About
    • Welcome
      • Who We Are
      • What to Expect
      • What We Believe
    • Leadership
      • Clergy
      • Vestry
      • Staff
    • Locations
      • Ponte Vedra Beach
      • Iglesia de Cristo Episcopal
      • Christ Church Among the Oaks
      • Christ Church Online
    • News
  • Worship
    • Our Services
    • Bulletins
    • Christ Church Online
    • Life Events
    • Music
  • Connect
    • Events
    • Christ Church Cares
      • Pastoral Care and Support
    • Get Involved
      • Children and Families
      • Choirs & Music Groups
      • Community Circles
      • Single Adults
      • Spiritual Gifts Assessment
      • Youth Ministry
    • Learning
      • Adult Formation
      • Children’s Formation
      • Youth Formation
    • Community
      • Community Outreach
      • Covenant Society
      • Charitable Foundation
      • Scholarship Commission
      • Preschool
      • Creative Academy
      • The Lighthouse
  • Contact
    • Locations
    • Staff
    • Careers
Give
✕
  • About
    • Welcome
      • Who We Are
      • What to Expect
      • What We Believe
    • Leadership
      • Clergy
      • Vestry
      • Staff
    • Locations
      • Ponte Vedra Beach
      • Iglesia de Cristo Episcopal
      • Christ Church Among the Oaks
      • Christ Church Online
    • News
  • Worship
    • Our Services
    • Bulletins
    • Christ Church Online
    • Life Events
    • Music
  • Connect
    • Events
    • Christ Church Cares
      • Pastoral Care and Support
    • Get Involved
      • Children and Families
      • Choirs & Music Groups
      • Community Circles
      • Single Adults
      • Spiritual Gifts Assessment
      • Youth Ministry
    • Learning
      • Adult Formation
      • Children’s Formation
      • Youth Formation
    • Community
      • Community Outreach
      • Covenant Society
      • Charitable Foundation
      • Scholarship Commission
      • Preschool
      • Creative Academy
      • The Lighthouse
  • Contact
    • Locations
    • Staff
    • Careers
A New Way to Stay Connected
November 23, 2021

The Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law on March 27, 2020, to help combat the far-reaching impacts of COVID-19. The bill provides increased tax incentives for charitable giving for both individuals and corporations.

Individuals Itemizing deductions

The adjusted gross income (AGI) limit for cash contributions was increased for individual donors. For cash contributions made in 2020, you can now elect to deduct up to 100 percent of your AGI (increased from 60 percent).

Individuals not itemizing

The CARES Act allows for an additional, “above-the-line” deduction for charitable gifts made in cash of up to $300 per individual, $600 for couples filing jointly. If you are not itemizing on your 2020 taxes, you can claim this new deduction.

Corporate Donations

The AGI limit for cash contributions was also increased for corporate donors. Corporations can now deduct up to 25 percent of taxable income (increased from 10 percent).

Check with your tax adviser to make the most of these new tax incentives when planning your end-of-year charitable giving!

 

 

Share
CEC Communications
CEC Communications

STAY IN TOUCH
Keep up with everything going on at Christ Church

Newsletter

Name

Contact Us

Phone: (904) 285-6127
Email: [email protected]

Christ Church Ponte Vedra Beach
400 San Juan Drive, Ponte Vedra Beach, FL 32082

Christ Church Among the Oaks
North Shores Improvement Association Community Center
120 Meadow Avenue, St Augustine 32084

cc-logo

Transforming lives together, through
the love of God, in Christ.

Locations

Ponte Vedra Beach Campus

Iglesia de Cristo Episcopal

Christ Church Among the Oaks

Christ Church Preschool

© 2023 Christ Church. All Rights Reserved. Designed & Rebooted By CTRL+ALT Digital.