Don’t double-deduct tsunami-aid donation — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Don’t double-deduct tsunami-aid donation

Get PDF file

by on
in Small Business Tax

Last January, Congress voted to let businesses and taxpayers deduct donations for Asian-tsunami relief on their 2004 returns as long as they made the donation by Jan. 31, 2005. If you made such a donation and claimed a 2004 write-off, make sure you don’t deduct the same amount again on your 2005 return.

Related Articles...

Leave a Comment


Previous post:

Next post: