traderspoc Posted May 26, 2020 Report Share Posted May 26, 2020 New IRS RULE, 2020 it is easier to take a tax deduction for a donation to Have Hammer Woodworking and CAD school in Riberas We need your donation to keep our school Have Hammer Will Travel Woodworking and CAD classes from going out of business. The federal coronavirus stimulus bill, known as the CARES Act (Coronavirus Aid Relief and Economic Security Act), is giving single taxpayers the ability to receive a $300 deduction for donations even if they do not itemize their taxes in 2020. The change benefits taxpayers who take the standard deduction - it is up to $300 for individuals and $600 for those who are married and file jointly. “The CARES Act changes this by allowing taxpayers who do not itemize to deduct up to $300 of cash contributions to public charities with an above-the-line deduction on line 21 in tax years beginning in 2020,” Please donate to Have Hammer will Travel A.C. you can deduct the donation even if you do not itemize on your 2020 tax return new IRS rules for 2020 Write a check to the Foundation for Lake Chapala charities; drop it off at handymail box 4a note Have Hammer on check. See our web page for more info havehammer .org Or donate on our gofundme online. https://www.gofundme.com/f/zgeqm-a-cause-i-care-about-needs-help Thank you for those who donated when we started our campaign needing $104,000 pesos we have still have the need at this time for $44,200 pesos. About 1900 US dollars hopefully no new expenses will come up. If 19 people donate 100 US dollars each we will make our goal We have no cash flow, due to crisis; we need to stay solvent to help the kids learn a trade, Our school will be more important and needed with so many people unemployed. This help pay Lalo and Lalito or teacher’s salary during the covid 19 crisis and rent, cfe, telmex etc. Thank you for your donation and helping the boys and girls at our school. If need help with donation call me Wayne 766 1860 Quote Link to comment Share on other sites More sharing options...
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