We at Jones and Kolb join others in concern for the victims of the recent Haiti earthquake. Many individuals, businesses and charitable organizations wish to provide assistance to the victims. To help you find information about how to provide assistance through a charitable organization, consult Disaster Relief Resources for Charities and Donors on IRS.gov.
Contributions to domestic tax-exempt, charitable organizations that provide assistance to individuals in foreign lands qualify as tax-deductible contributions for federal income tax purposes, provided that the U.S. organization has control and discretion over the use of funds. Donors should ensure that they make contributions to qualified charities. Use the Search for Charities function on IRS.gov to see if the charity you intend to support is a qualified charity listed in Pub. 78. Certain organizations, such as churches or governmental organizations, may be qualified to accept charitable contributions even though they are not listed in Pub. 78.
On January 22, President Obama signed a bill (H.R. 4462) allowing taxpayers to deduct charitable cash contributions on their 2009 tax returns. These contributions must be made before March 1, 2010 to be eligible. The IRS has also issued Notice 2010-6 designating the Haiti earthquake as a qualified disaster for federal tax purposes.
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