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2020 offers greater tax deduction opportunities to business contributions of food inventory. #IRS urges businesses to look into this opportunity. Let out knowledgeable team help you. #anointedforprosperity a franchise location of #OneStopTaxes #COVIDreliefIRS go to www.anointedforprosperity.com to schedule your free consultation. #tax #TaxTip #BusinessTaxes #business https://www.instagram.com/p/CIYKTcgF0x2/?igshid=11kpcstj3bewk
#IRS reminder: For qualified contributions of food inventory in 2020, business taxpayers may deduct up to 25% of their taxable income. #COVIDreliefIRS #anointedforprosperity #OneStopTaxes #fromthedeskofpreciousswain #taxtips https://www.instagram.com/p/CH5Zcwulq55/?igshid=15wihz5tgboh7
Individuals and corporations can now carry over to the next year charitable contributions that exceed the AGI limitation. The contribution must be: •cash, •made to a qualifying organization, and •made during calendar year 2020 #COVIDreliefIRS #IRS #TaxTip #fromthedeskofpreciousswain #anointedforprosperity #OneStopTaxes https://www.instagram.com/p/CHWWVdTFV4u/?igshid=r2ycwasizncg
