The bill congress passed is called the Haiti Aid Bill
Donations Made Before March 1 are Deductible on 2009 Returns
In a seemingly rare display of bipartisan effort by both chambers of Congress, Democratic and Republican leaders in the House and Senate joined an effort to quickly pass legislation that allows U.S. taxpayers to deduct their Haiti aid donations on their 2009 income tax returns.
The Haiti Assistance Income Tax Incentive Act passed through both chambers unanimously and was signed into law on Friday, Jan. 22. The measure is geared toward promoting additional donations to the relief efforts for the island nation, which was stricken with a magnitude 7.0 earthquake on January 12.
The provisions of the act allow taxpayers to claim charitable deductions on their 1040 income tax returns for donations made to charities until March 1. It is similar to a bill passed shortly after the 2004 Indian Ocean Tsunami.
You can read more here:
http://www.cpatechnologyadvisor.com/web/onlin...
You just read a reply to Msg 85
Posted by Josh on 1/22/10 2:41 PM
Twitter
Facebook
More
REPLY to Josh or start a
NEW Topic
Page 2 of 3, read them all...
First Last
< Previous Page Next Page >
< Previous Topic | Topic List | Recent Posts | Archives | Next Topic >
