Charitable Tax Deductions Extended into 2021

Updated- February 2021

The new charitable deduction rules for individuals and corporations, established by the CARES Act in 2020, have been extended into 2021. The ability to take an above-the-line deduction for charitable donations allows all Americans to support nonprofits that have worked tirelessly to address the impacts of COVID – while also getting a personal tax benefit. Nonprofit organizations like Norwescap have gone above and beyond to help thousands of individuals and families most impacted by the ongoing health crisis – and our generous donors make this possible!

Other Ways to Give

Talk to your financial advisor about how you can maximize your tax deductions – and make a real difference in your community – by supporting your favorite nonprofit organization.

Contact Heather Thompson, our Chief Development Officer, at 908-454-7000 x1106 or to learn more and to make your gift today!