New Law Encourages Cash Donations for Midwest Disaster Relief: "New Law Encourages Cash Donations for Midwest Disaster Relief
IR-2008-133, Nov. 25, 2008
WASHINGTON –– Taxpayers who make qualifying cash contributions for disaster relief efforts in the Midwest could benefit from a recently passed law that suspends the percentage-of-income limits that would normally apply when taxpayers deduct the contributions on their 2008 federal tax returns."
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