Monday, December 05, 2005

Time Running Out For Charitable Donations

Please donate to our favorite charity, CCA of NC

In September President Bush signed into law a measure that allows individual donors to write off up to 100 percent of their adjusted gross income for charitable cash donations made from August 28th to December 31st, 2005. This is a one time opportunity and after December 31st the maximum allowable deduction will revert to the traditional 50 percent maximum. This measure is designed to encourage contributions to all qualified charities and many smaller non-profits are experiencing downturns in giving because of the great outpouring of donations for Hurricane Katrina and tsunami relief earlier this year. Talk to your tax preparer or accountant and see if you have some extra room to help protect our state's coastal resources through a donation to either the CCA of North Carolina, The Foundation for Shackleford Horses, or The North Carolina Coastal Land Trust. Non-profits like these have had a hard time this year, so any help you can provide would certainly make an impact. Do it for yourself, do it for your children, or just do it because you would rather see someone other than Uncle Sam with your money.

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