Not sure what to do with your rebate? Consider donating to a local charity - New Mexico Business Weekly:: "Now, with the economic stimulus rebates, nonprofits are once again hoping to capitalize on the rebates that started to arrive this month.
While some taxpayers have been phased out of the tax rebate due to high income levels, the core donors of most organizations will receive tax rebate checks. For some of these recipients, the rebate funds will amount to unexpected discretionary income and could be an excellent source of additional charitable gift dollars. Now, with the economic stimulus rebates, nonprofits are once again hoping to capitalize on the rebates that started to arrive this month.
While some taxpayers have been phased out of the tax rebate due to high income levels, the core donors of most organizations will receive tax rebate checks. For some of these recipients, the rebate funds will amount to unexpected discretionary income and could be an excellent source of additional charitable gift dollars."
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