Give to Help Haiti Today – Get Instantaneous Deduction on 2009 Return
February 1, 2010 by Taxcut Editor
Filed under Personal and Business Taxes
A few days ago in a email news post I made the distinction that the Haiti disaster 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 take a deduction for donations to Haiti on this year’s (2009) tax return – rather than having to wait until you file your 2010 tax return. Certainly this would be quite an incentive for people who desired to donate money 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 Prep needs!
As it turns out, the suggestions I was hearing and that you could have heard are TRUE! On January 22nd, the IRS adopted a special tax relief policy that allows donations for the Haiti disaster made after January 11, 2010 and before March 1, 2010, will be deducted on your 2009 tax return. Or, you could choose to take the deduction to your 2010 tax return instead, on the chance that in case you didn’t want to take advantage of this great incentive to assist those in need.
The inhabitants of Haiti are hurting very badly. These kinds of disasters are completely unavoidable, and are well, disastrous. Earthquakes and other forms of natural disaster create huge levels of carnage and widespread loss of homes. Entire families are without food or clean water. In many 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 assist 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!
Related posts
Give to Haiti – Receive Immediate Deduction on 2009 Tax Return
January 31, 2010 by Taxcut Editor
Filed under Personal and Business Taxes
A 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 are able to make a deduction for contributions to Haiti on this year’s (2009) tax return – rather than having to wait until you file your 2010 tax return. Obviously this could be a huge reason to donate for people who desired to give a part of their wealth to the people of 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 Prep needs!
As it turns out, the suggestions I was hearing and that you may have heard are TRUE! On January 22nd, the IRS created a special tax relief policy that will allow contributions for the Haiti relief made after January 11, 2010 and prior to March 1, 2010, will be deducted on your 2009 tax return. Or, you can choose to take the deduction to your 2010 tax return instead, just in case you did not want to take advantage of this great incentive to assist those in need.
The inhabitants of Haiti are hurting very badly. These kinds of disasters cannot be avoided, and are well, disastrous. Earthquakes and other types of natural disaster create vast amounts 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 other countries’ efforts (funded by donators like you!). Do your part right now and donate whatever you can to assist the people of Haiti. I would certainly appreciate the added donations, and I am 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!
Better Business Award GOLD Star to New Century Tax Consultants, our team of Expert Attorneys, CPA's, and Tax Practitioners.
The Taxcut Editor recently visited the Green Festival in Denver, see what he had to say.
