The price of the 12 Days of Christmas
Don't forget an FSA gift for yourself

California flood, mud disaster

It's not going to be a very festive holiday for a lot of Southern Californians. A week of strong, steady rain produced flooding and mudslides.

A woman walks past a car stuck in the mud in the middle of the road after heavy rains and flooding in Highland, California December 23, 2010. REUTERS/Alex Gallardo (UNITED STATES - Tags: ENVIRONMENT)

It's highly likely that the region soon will be declared a major disaster area. In that case, residents who've suffered losses could get some special tax relief.

And nonprofit groups, such as the Red Cross, are already offering help to dislocated Golden State residents.

If you want to help these efforts via a donation, remember that your charitable gift could be a tax deduction for you at 2010 filing time.

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