'Allowing tax deductions for those who have opened their wallets for Haiti's recovery is great news for taxpayers, but it does come with some important caveats to remember,' said Jamiel Kadri, tax professional at H&R Block's Wando Crossing Office in Mount Pleasant. 'Most importantly, the deductions are only available for taxpayers who itemize their deductions, and the contribution must have been made by Feb. 28.
The key provisions of the bill are as follows:
The contribution must be made from Jan. 12 to Feb. 28.
The contribution must be made in cash for the relief of victims in areas affected by the earthquake in Haiti on Jan. 12 to a U.S. charitable organization that is allowed to receive deductible donations. Visit the charities section of IRS.gov.
- Most Popular Stories
- Most Comments
Baker unveils the seventh-generation Porsche 911 Carrera S
Official painting selected for Old Village Home, Garden and Art Tour
Leaders of Charleston Trident Home Builders announced
Luces of Mepkin were no ordinary couple
All in a day's work
Developers submit design for old Family Dollar property
Use 'no excuses' approach when working on goals
Crosswalk improvements on the way for Park West
Thanks to Mom, eloping wasn’t necessary
World Vision selects Blackbaud to expand fundraising