Homes For Our Troops continues to move forward with its important work. In the midst of all that is going on, many of our friends and supporters are looking forward to the future when they can enjoy community with friends and resume their regular activities. In response to the current situation, Congress extended some of the COVID relief tax changes to 2021.
Homes For Our Troops has created this page to offer resources to help you with your tax planning and to offer some ideas for you to consider if you are thinking about making a gift in support of our mission in 2021.
The CARES Act passed in 2020 included several charitable tax provisions to encourage giving. Congress has extended these provisions for 2021 including:
If you have a Donor Advised Fund (DAF) and wish to help us this year, you can make a gift from your DAF to support our work without affecting your personal financial security.
Many of our friends are updating their estate plans. If you would like to support our cause with a charitable bequest, we can help. Please contact us for a copy of our free estate planning guide. We can provide you with our bequest language and estate planning attorney referral list. Please contact us for assistance with creating and updating your plans.
If you are interested in learning more about any of these ideas, please contact us. Please also let us know how we can help you during this time.