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taxgirl® - tax news, tax info and tax policy

July 24th, 2008

Flood Victims May Get Additional Tax Relief

Not a lot was done right after Hurricane Katrina but Congress did step in with some disaster relief that include tax breaks for victims and tax incentives for those to give to charities assisting victims. Congress passed similar legislation for victims of other disaster areas, including those who suffered through catastrophic hurricanes and tornados.
Why […]

By Kelly -- 6 comments

September 6th, 2005

Swift Charity

From irs.gov:
IRS Expedites Charity Applications, Urges Use of Existing Charities
IR-2005-93, Sept. 6, 2005
WASHINGTON — The Internal Revenue Service will provide an expedited review and approval process for new organizations seeking tax-exempt status in order to provide relief for victims of Hurricane Katrina. However, the agency encourages people to use existing organizations currently working on immediate […]

By Kelly -- 0 comments