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Did you Know?
The CARES Act will allow individual taxpayers to deduct donations to a 501(c)(3) charity of up to $300 on their 2020 federal tax return, even though they take the standard deduction. Married-filing-jointly taxpayers will get an above-the-line deduction of up to $600. Please consult with your tax advisor to learn how making a donation to The River today can help us…and you!