Friday, January 22, 2010
And another thing--Tax deductions of charitable contributions
According to the White House, the President has signed legislation that makes charitable contributions (cash only) to organizations gathering relief funds for Haiti deductible from 2009 income taxes. Donations made between January 11 and March 1, 2010 are eligible. I am not sure that this will make a big difference in the total amount of donations, but if it even has a marginal effect it may be worthwhile.
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