October 18, 2001 | Read Time: 1 minute
Donors and charities trying to assist victims of the September 11 terrorist attacks can turn to a new source of information from the IRS.
The IRS has posted on its Web site the names of such organizations that have been granted tax-exempt status under an expedited process used by the revenue service.
The list, which can be found at http://www.irs.gov/bus_info/eo/sep11.html, identifies 35 groups, including 12 that are based in New York City. The list, to be updated regularly, is a special addendum to IRS Publication 78, a complete roster of charitable organizations that are qualified to receive tax-deductible contributions. That roster is available on the IRS Web site at http://www.irs.gov/bus_info/eo/eosearch.html.
In another development, the IRS issued a news release that reminds donors and charities about tax laws that may affect them and their contributions. For example, for each contribution of $250 or more to a charity, a donor must obtain a written statement from the charity acknowledging the gift amount and a description of any goods or services provided in exchange for the contribution.
A copy of the IRS news release, IR-2001-096, may be found on the tax agency’s Web site, http://www.irs.ustreas.gov/news/nandf.html.
