This social action news was forwarded by a UUCP member who thought it would be of interest:

Katrina Emergency Tax Relief Act (KETRA) Expands Tax Incentives through Dec. 31 for Charitable Giving

To encourage immediate gifts of cash to all charitable organizations, Congress enacted the Katrina Emergency Tax Relief Act of 2005 (KETRA). Special incentives were included in the KETRA legislation to encourage charitable giving outside of Katrina relief, to prevent the rest of the nation's charities from seeing a downturn in giving as they did after the events of 9/11.

In particular, KETRA contains two special expanded tax incentives for those who make charitable gifts of cash to any qualified charity between August 28, 2005 and December 31, 2005. It is important that those who think they might benefit from KETRA contact their advisors regarding their unique tax situation.

For more information, visit the WSU Foundation website at http://wsufoundation.wsu.edu/ and click on the KETRA link in the lower left-hand corner.

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