Here's a chance to boost both giving and tax benefits

Here's a chance to boost both giving and tax benefits: "Here's a chance to boost both giving and tax benefits

Picture

Zoom

Events in 2005 have called for an unprecedented outpouring of generosity from individuals, nonprofit organizations and government to aid victims of natural disasters. Americans have responded with record levels of charitable giving to assist those in need, raising more than $1 billion.

It's heartening to know that something good has come out of the sadness and dislocation of Hurricane Katrina. That bit of brightness is the Katrina Emergency Tax Relief Act, known as KETRA, which Congress unanimously passed on Sept. 21 and President Bush signed into law on Sept. 23.
"