CARES Act § 2204: An Incentive for Charitable Donations

CARES Act § 2204: An Incentive for Charitable Donations

admin April 29, 2020 0 Comments

A Quick Summary of what this article covers includes the following: The Coronavirus Aid, Relief, and Economic Security (CARES) Act offers religious nonprofits a valuable tool in this time of crisis: increased tax incentives for donors making charitable contributions. CARES § 2204 temporarily modifies the federal tax code to create an above-the-line deduction in 2020…

Economic Outlook: First Quarter 2009

Economic Outlook: First Quarter 2009

Fred Ruopp, Sr. May 2, 2009

U.S. ECONOMY Recent economic indicators have been coming in at better than expected levels over the past month.  After falling at a 4% rate since the summer of 2008, consumer spending is expected to rise slightly in the first quarter of 2009.  The University of Michigan Consumer Sentiment Index is expected to climb again in…