Tuesday, January 11, 2005

USATODAY.com - Give to tsunami aid now, deduct it on '04 returns

USATODAY.com - Give to tsunami aid now, deduct it on '04 returns:
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"There are, however, some details you should be aware of before you start writing checks. Among them:
�The charitable contribution must benefit victims of the Dec. 26 tsunami.
To ensure your donation qualifies, contribute to a charity that has established a designated fund for tsunami victims, suggests Yasmin Causer, a financial planner for Cabot Money Management in Salem, Mass.
Make sure the charity is a tax-exempt U.S. organization. Direct contributions to foreign charities may not qualify, even if they're involved in tsunami relief efforts."

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