The bill, which passed the House and Senate Thursday and was signed into law Friday by President Bush, permits taxpayers to deduct donations to reputable tsunami relief agencies from their 2004 federal and state income tax returnsWithout the extended Jan. 31 deadline, people would have had to wait until next year to claim deductions made this month. "The devastation of the tsunami in Southeast Asia touches us all and we have already seen incredible gestures of generosity," said state Sen. Serphin Maltese, (R-Glendale). "We believe that this legislation will further encourage New Yorkers to open their hearts and donate to assist the people who have been affected."Donations must be made in cash to charities that have been given tax exempt status by the IRS. Visit the Web site ww.charity
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