Donate to Haiti – Receive Instantaneous Deduction on 2009 Tax Return
In a recent email news post I made reference to the fact that the natural disaster that occurred in Haiti is currently a qualified disaster according to the IRS (http://www.irs.gov/newsroom/article/0,,id=218615,00.html).
I said in the email that there were rumors that said people are able to take a deduction for contributions to Haiti on the current year’s (2009) tax return – rather than having to wait until you file your 2010 tax return. Certainly this would be a huge incentive for people who desired to give money to the victims of disaster in 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 Prep needs!
As it turns out, the rumors I was hearing and that you possibly have read are TRUE! On January 22nd, the IRS created a certain 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 take the deduction on your 2010 tax return instead, just in case you did not desire to take advantage of the great incentive to assist the world community.
The inhabitants of Haiti are hurting very badly. These kinds of disasters are totally unavoidable, and are well, devastating. Earthquakes and other forms of natural disaster cause huge levels of destruction and homelessness. Entire families do not have access to 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 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 extended donations, and I’m positive every one of the struggling people in Haiti would appreciate it to!
Stay tuned for more articles and information regarding tax season, taxes, and Haiti!