Donate to Help Haiti Today – Get Immediate Tax Deduction on 2009 Tax Return
A few days ago in a email news item I made reference to the fact that the natural disaster that occurred in Haiti 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, the IRS was rumoring that 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 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 Preparation needs!
Well, the rumors I heard and that you could have heard are TRUE! On January 22nd, the IRS adopted a special tax relief provision that allows donations for the Haiti disaster made after January 11, 2010 and prior to 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, just in case you didn’t want to take advantage of this wonderful incentive to assist 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 environmental disaster create vast levels of carnage and widespread loss of homes. Entire families are without food or clean water. In many cases these families do not even have the capability to acquire any level of stable living environment without the help of other countries’ efforts (funded by donators like you!). Do your part right now and donate whatever you can to help the people of Haiti. I would certainly appreciate the extended effort, 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!