In a recent email news item I made reference to the fact that the Haiti disaster is now a qualified disaster according to the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html).
And I mentioned in that email, there were rumors that said people would be able to take a deduction for contributions to Haiti on this year’s (2009) tax return – instead of having to wait until you file your 2010 tax return. Certainly this would be a huge reason to donate 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 rumors I was hearing and that you possibly have heard are TRUE! On January 22nd, the IRS adopted a special tax relief policy that will allow donations for the Haiti relief made after January 11, 2010 and prior to March 1, 2010, will be taken from your 2009 tax return. Or, you could choose to take the deduction to your 2010 tax return instead, just in case you did not want to take advantage of this wonderful incentive to help the world community.
The inhabitants of Haiti are hurting quite a bit. Earthquake disasters are completely unavoidable, and are well, disastrous. Earthquakes and other forms of environmental disaster cause huge amounts of carnage and homelessness. Entire families are without food or clean water. In many cases these families don’t even have any sort of stable living environment without the assistance of other countries’ efforts (funded by donators like you!). Do your part today and donate whatever you can to assist the people of Haiti. I would greatly appreciate the extended 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!
