Donate to Help Haiti Today - Get Instantaneous Tax Deduction on 2009 Return
28th January 2010 by Tax Man No CommentsA few days ago in a email news item I made reference to the fact that the natural disaster that occurred in Haiti is currently a qualified disaster says the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html).
And I mentioned in that email, the IRS was rumoring that people would be able to make a deduction for contributions to Haiti on this year’s (2009) tax return - instead of having to wait until you do your 2010 tax return. Certainly this could be a huge reason to donate for people who desired to give money to the people of Haiti to assist them in getting back on their feet! Are you feeling the pressure of today’s taxes? Right now you can get $100 off your tax return for Cary NC Tax Preparation needs!
Well, the suggestions I was hearing and that you possibly have read are TRUE! On January 22nd, the IRS created a special tax relief policy that will allow donations for the Haiti relief made after January 11, 2010 and before March 1, 2010, will be deducted on your 2009 tax return. Or, you can choose to put the deduction on your 2010 tax return instead, on the chance that in case you did not want to take advantage of this wonderful incentive to assist the world community.
The inhabitants of Haiti are hurting quite a bit. These kinds of disasters cannot be avoided, and are well, disastrous. Earthquakes and other types of environmental disaster create vast amounts of destruction and widespread loss of homes. Entire families don’t have access to food or clean water. In many cases these families do not even have any sort of stable living environment without the assistance of relief organizations (funded by donators like you!). Do your part today and donate whatever you can to help the people of Haiti. I would certainly appreciate the added donations, and I’m positive all of the struggling people in Haiti would appreciate it to!
Stay tuned for more articles and information regarding tax season, taxes, and Haiti!
