Recent Survey Reveals Consumers Prefer Charitable Contributions

The survey also revealed that six out of 10 respondents were unaware of new charitable-giving tax breaks offered under the Katrina Emergency Tax Relief Act of 2005 (KETRA) -- and with a Dec. 31, 2005, deadline, the clock is ticking. In light of the act, 53 percent of respondents said they would consider making additional donations or consult with their tax advisor about KETRA.