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IRS advice for giving to Japan quake relief funds

from Los Angeles Times

The Internal Revenue Service is out with a bulletin on tax advice for people who wish to make contributions to relief agencies and organizations helping Japanese earthquake victims. First, consult Disaster Relief -- Resources for Charities and Contributors on IRS.gov to get information about how to provide assistance to victims through a charitable organization. Contributions to domestic tax-exempt charitable organizations that provide assistance to individuals in foreign lands qualify as tax-deductible contributions for federal income tax purposes, provided that the U.S. organization has control and discretion over the use of funds. more


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