By DBD Financial Management Team
Much has been made of support like the Paycheck Protection Plan and Employee Retention Tax Credits that arose from Congressional efforts to address the economic impact of the COVID pandemic.
However, from a tax standpoint, there are some less known provisions that can affect how your donors treat their contributions.
As we head into year-end giving, you'll be engaging with donors and asking for their continued support. Being aware of the tax provisions below could come in clutch during these crucial conversations.