Thursday, December 30, 2021

You’re Almost Out of Time to Snag This Tax Deduction

Happy woman working on her taxes
fizkes / Shutterstock.com

If you want to save a little money on your next tax bill while doing some good in 2021, time is running out. Last December, a special tax deduction originally created to encourage donations at the start of the COVID-19 pandemic was extended for one more year. As a result, taxpayers who do not itemize their tax deductions — meaning they claim the flat standard deduction instead — have a rare...



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