The CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act may affect your charitable giving.
How the New CARES Act May Affect
Your Charitable Giving
Legislation known as the CARES Act, designed to rescue the economy from the effects of the coronavirus pandemic, was passed by Congress and signed into law by the president on
March 27, 2020. Here is a summary of provisions applicable to charitable giving included in the Act, officially named the Coronavirus Aid, Relief, and Economic Security Act.