Cash In on Corporate Deductions for Charitable Donations.

Vasquez + Company LLP News Brief

Authored by Regina Prince

Charitable giving isn't just for individuals. Businesses can donate, too — and reap significant tax savings. Limits on corporate tax deductions for donations were liberalized during the pandemic. But, under current tax law, they've generally returned to pre-pandemic levels for 2022 and beyond. Here's what business owners should know, including information about implementing an employee donation matching program.

Read the full news brief here.