skip to main content


Not-For-Profit & Higher Education

Our decades of experience serving not-for-profit and educational organizations of all structures, sizes, and complexities helps us provide you with accounting, advisory, audit, and tax services you need to sustain and grow your organization and maintain your tax-exempt status. Find out how.



Congress has included a provision in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, that permits eligible individuals who do not itemize deductions to deduct $300 of qualified charitable contributions as an “above the line” deduction. This deduction applies to tax years beginning in 2020 and the $300 limit is per filing unit regardless of filing status.
Deductions must be:

  • In cash, check, electronic funds, or payroll deductions (no property i.e. old clothing, furniture, or household items)
  • Given to a 501(c)(3) public charity

There are no requirements for documentation with the tax return. But, the IRS requires written record of all cash contributions over $250, it can be reasonably inferred that the requirements will apply in the same way for this deduction.

With the Tax Cuts and Jobs Act (TCJA) the standard deduction roughly doubled and has limited the benefit of itemized deductions. For 2020, the standard deduction for single taxpayers is $12,400 and for married filing jointly is $24,800. Now that the CARES Act is allowing the $300 above-the-line charitable contribution deduction per filing unit, although relatively small, this is a great way to reduce adjusted gross income and reduce taxable income for those who do not itemize deductions.


Complete the form below to speak with one of our professionals


Hide Firm Disclaimer


UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc., and its subsidiary entities. UHY Advisors, Inc.’s subsidiaries, including UHY Consulting, Inc., provide tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors” and “UHY Consulting”. UHY Advisors, Inc., and its subsidiary entities are not licensed CPA firms. UHY LLP, UHY Advisors, Inc. and UHY Consulting are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP, UHY Advisors and/or UHY Consulting (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

On this website, (i) the term "our firm", "we" and terms of similar import, denote the alternative practice structure conducted by UHY LLP and UHY Advisors, Inc. and its subsidiary entities, and (ii) the term "UHYI" denotes the UHY international network, in each case as more fully described in the preceding paragraph.