Normally, you must itemize your deductions in order to benefit from them. In 2020, the standard deduction amount is $12,400 for individuals and $24,800 for married couples filing jointly. But this year, you can get a charitable deduction even if you don’t itemize. Read on to learn more.
- Estate Planning Reduces Stress During High Anxiety Times - December 16, 2021
- Changing “Irrevocable” Trusts Through Use of a Trust Protector - November 4, 2021
- Advantages of Using a “Grantor Trust” in Planning - October 14, 2021