For instructions on how to make a gift by stock or wire transfer, please call Robert Boone at (213) 972-3354 or email rboone@musiccenter.org.
Charitable Tax Incentives for 2021
Thanks to Congress extending the charitable tax provisions of the CARES Act, there are more ways you can help The Music Center this year. If you take the standard deduction, you will be allowed to take a special tax deduction for charitable cash donations, up to $300 ($600 for joint filers), to reduce your tax liability. If you itemize, you can deduct cash gifts to qualified charities such as The Music Center, up to 100% of your adjusted gross income (previously the deduction was capped at 60% of annual income). Please note that this information is not intended as legal or tax advice. For such advice, consult an attorney or tax advisor.