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IRS Urges Citizens to Seek Qualified Charities for Katrina Help
WASHINGTON --
Citizens seeking to make donations to help Hurricane
Katrina victims should seek out qualified charities, the Internal
Revenue Service said Thursday.
People who have
a specific charity in mind can make sure that it is a qualified
charity by searching an IRS-approved list. IRS.gov has an on-line
search feature that allows people to find qualified charities.
Some organizations, such as churches and governments, may be qualified
even though they are not listed.
The IRS does
not endorse any charity. However, the Federal Emergency Management
Administration has urged citizens to make cash donations to volunteer
agencies with whom it is working. The U.S. government’s official
Web portal, FirstGov.gov, also contains disaster-relief information.
In addition,
the IRS has prepared Publication
3833, Disaster Relief: Providing Assistance Through Charitable Organizations,
that may be helpful for people who either want to make contributions
or form a specific charity.
“We encourage
citizens to make sure their contributions are put to the best use
possible to help Hurricane Katrina victims,” said IRS Commissioner
Mark W. Everson. “The IRS will do everything possible to assist
both taxpayers and charities in this difficult time.”
The IRS also
issued these following reminders to citizens and charities:
- IRS Disaster
Relief main page;
- Publication
78 lists charities with tax-exempt status, and a searchable
on-line version is available through IRS.gov;
- Publication
526, Charitable Contributions, provides information on making
contributions to charities;
- Taxpayers
may claim a deduction
for contributions to charitable organizations only if they
itemize deductions on Schedule A of their Form 1040. They should
retain proof of the contribution and, if the amount is more than
$250, must obtain an acknowledgement from the charity for the
amount to be deductible.
-- NSSCPA.org
News Staff
Posted on
9/6/05
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