Haiti Relief

Their has been much talk about Haiti and what we as Americans can do to help.

Congress has acted quickly and passed a new law which should help many Americans contribute to the relief effort and get a tax deduction.

The new law was enacted after the 2009 tax forms, instructions, and publications had already been printed. When preparing your 2009 tax return, you may complete the forms as if these contributions were made on December 31, 2009, instead of in 2010. To deduct your charitable contributions, you must itemize deductions on Schedule A (Form 1040).

These contribution must have been made between January 11,2010 and March 1, 2010. Contributions can be made with cash, check, money orders, credit cards, debit cards, or via cell phone. The contributions must be made to a qualified organization and meet all other requirements for charitable contribution deductions.