By Eugene Steuerle
(This piece was originally published in The NonProfit Times on March 1, 2010, and is reprinted with permission.)
President Barack Obama on January 22 signed into law a provision allowing charitable gifts made for Haiti relief during February and most of January 2010 to be deducted on 2009 federal tax returns. This noble sentiment would work a lot better if deductions were allowed for all giving made to qualified charities by April 15.
A 14-week window isn’t just an accounting trick. It would very likely increase charitable giving, get Congress out of the game of picking charities, and cost almost nothing if it doesn’t spur more giving.
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