Monday, March 20, 2006

TimesDispatch.com | Enhanced deductions explained

TimesDispatch.com | Enhanced deductions explained: "The measure moves the date of conformity to the Internal Revenue Code forward to Dec. 31 from Jan. 7, 2005.
The change's most significant effect is to allow state taxpayers to take advantage of the enhanced deductions for charitable contributions, which would cover relief gifts made for hurricanes Katrina, Wilma or Rita, according to the Virginia Department of Taxation.
The department issued a "

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