End-of-the-Year Donations: Hurricane Katrina Relief
This year there is a special donation advisory to be aware of, the Katrina Emergency Tax Relief Act of 2005 provides tax benefits for those affected by the storm and for those who have donated. There is a much larger allowable tax deduction for cash contributions made from August 28 and December 31, 2005. This article in the Magic City Morning Star has more details. And although has a lot has been done and the area devastated by the fall hurricanes is still in need of help. There are many places to donate to hurricane relief but theRed Cross and the Bush-Clinton Katrina Fund are two of the most popular.