Charitable Deductions – in 2021 single taxpayers can deduct $300 and married joint filers can deduct $600 when taking the standard deduction. Also, continuing into 2021 is the ability for those who itemized deductions on Schedule A to deduct charitable contributions up to 100% of AGI.
Business Meal Deductions – in 2021 and 2022 businesses may deduct 100% of meal and beverage expenses, an increase from 50% in 2020. This includes meals and beverages that are take-out and delivery.