IRS and China

You probably know that last years there was an earthquake in China. People donated money to Chinese Red Cross. So what do you think, it's tax-deductible? No way. Here's the list of Chinese organizations which donations are tax deductible:

Asia Project Grace  	Kunming Pr  	 --  	China  	  8
Bhutan Scholarship Foundation 	Central Hong Kong 	-- 	China 	8
China Center for Economic Research 	Beijing 	-- 	China 	8
Friends of Hong Kong Charities Inc. 	Hong Kong 	-- 	China 	8
Friends of Tsinghua Sem Inc. 	Beijing 	-- 	China 	8
New Path Foundation Inc. 	Beijing Pr 	-- 	China 	4,8
Tsang Family Foundation 	Hong Kong 	-- 	China 	4,8

Tsang Family Foundation, what do you think! Help the family. They are on lake Tahoe, by the way, if you check.

1. Name & EIN  	Tsang Family Foundation (680460496) -- Google
2. Street 	589 Tahoe Keys Blvd Ste E3
3. Location 	S Lake Tahoe, CA
4. County 	El Dorado County, CA
5. Ruling date
(approx. year when founded) 	2000
6. IRS type 	501(c)(3) - Private foundation
7. Legal basis for public charity or private foundation status (FNDNCD) 	04 - Private nonoperating foundation
8. NTEE 	T22 - Private Independent Foundations
9. Gross receipts 	$0
10. Total assets 	$0

фигасе Америка

Turbotax was nice enough to compare our income with "average US". I feel like an idiot... should I send my wife to work? Will it help? Should I... oh, crap.

			Your Tax Return		U.S. Average
Income			
	Salaries and Wages	 $XXX,XXX	$348,127
...
	Self-Employed Business (Schedule C)	 	 	
		Net Profit 	       $0	$120,531
		Net Loss	       $0	-$23,904
	Investment Sales (Schedule D)			
		Net Capital Gain       $0	$288,754
		Net Capital Loss       $0        -$2,697
...
Taxes	 	 	
	The Taxes on Your Income  $XX,XXX	$144,437

(Notice also an almost 42% tax ratio for an average Joe... I pay about 17%)