The IRS posted the following announcement on its web site:
“People who give to charities providing earthquake relief in Haiti can claim these donations on the tax return they are completing this season, according to the Internal Revenue Service.”
“Taxpayers who itemize deductions on their 2009 return qualify for this special tax relief provision, enacted Jan. 22. Only cash contributions made to these charities after Jan. 11, 2010, and before March 1, 2010, are eligible. This includes contributions made by text message, check, credit card or debit card.”
Looking for tax assistance during this tax season? Contact Skoda Minotti’s Tax Planning and Preparation Department at 440-449-6800 for more information.