We are conscious of the generosity of our Moneta Group family—both employees and clients. We want to make all of you aware that the Senate and House have unanimously approved a bill which allows contributions made to Haiti disaster relief to be deducted from 2009 tax returns. A brief summary of the provisions:

• Taxpayers can claim a deduction on their 2009 tax return for Haiti disaster relief contributions made after January 11, 2010 and before March 1, 2010.
• Taxpayers must itemize to claim the deduction.
• Donations must be monetary (‘in-kind’ gifts of clothing, food or marketable securities do not qualify).
• Donations must be to U.S. based charitable organizations that are assisting in Haiti relief efforts. 

A link to a CCH Tax Briefing (Commerce Clearing House) which includes a more complete explanation is below.

Haiti Earthquake Relief Supplement.pdf