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Insights Tax Policy

The Consolidated Appropriations Act Extends the 2020 Charitable Deductions and Provides Disaster Relief Unrelated to COVID-19

January 5, 2021 Trusts & Estates

The Consolidated Appropriations Act, 2021 (the “CAA”), signed into law by President Donald Trump on December 27, 2020, provides further relief for individuals both related and unrelated to COVID-19.  Such relief includes an extension of the charitable deduction allowances granted under the Coronavirus Aid, Relief, and Economic Security Act (the…