Donate to Haiti – Receive Immediate Deduction on 2009 Tax Return
In a recent email news post I made the distinction that the Haiti disaster is now a qualified disaster says the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html).
I said in the email that the IRS was rumoring that people would be able to take a deduction for donations to Haiti on this year's (2009) tax return – instead of having to wait until you do your 2010 tax return. Certainly this would be a huge incentive for people who desired to give a part of their wealth to the victims of disaster in Haiti to help them get 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 could have heard are TRUE! On January 22nd, the IRS adopted a certain tax relief provision that will allow contributions for the Haiti disaster made after January 11, 2010 and prior to March 1, 2010, will be taken from your 2009 tax return. Or, you can choose to put the deduction to your 2010 tax return instead, on the chance that in case you didn't desire to take advantage of the great incentive to help those in need.
The inhabitants of Haiti are hurting quite a bit. These kinds of disasters cannot be avoided, and are well, devastating. Earthquakes and other forms of natural disaster cause vast levels of destruction and widespread loss of homes. Entire families are without food or clean water. In most cases these families don't even have the capability to acquire any level 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 effort, and I am sure all of the struggling people in Haiti would appreciate it to!
Stay tuned for more articles and information regarding tax season, taxes, and Haiti!
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