Janette Quintana of La Puebla wants to know what happened to her grandson’s custom lowrider bike. On Sunday, Ernesto Garcia, 11, of La Puebla, had his chromed-out teal custom creation
Olivia Martinez, a resident of Española, was called home peacefully with her family by her side on January 17, 2022, two days shy of her 76th birthday, after a very
As the curtain drops on 2020, many will breathe sighs of relief.
But before the year times out on Dec. 31, those who are charity-centric can use three words to make 2020 more memorable for their favorite nonprofits and/or for people feeling the harsh impact of the COVID-19 pandemic: Federal CARES Act.
Through legislation passed earlier this year, the Federal Coronavirus Aid, Relief and Economic Security Act implemented temporary tax provisions to encourage charitable giving for both corporations and individuals, including a new $300 donation for qualified charitable donations for individuals.
According to the IRS website, individual taxpayers can claim an âabove-the-lineâ deduction of up to $300 for cash donations to charity in 2020, which means the deduction lowers both adjusted gross income and taxable income â translating into tax savings for those making donations to qualifying tax-exempt organizations.