Tips for Car DonationsPeople generally enjoy the act of donation, they like the knowledge that items which they are no longer able to use can be give to someone who may be less fortunate to use and enjoy. Donating clothing, toys or furniture is not difficult, in fact, most of the time it is one of the easiest things to accomplish. Car Donation isn't any different. While this is a fairly new concept, donating a car accomplishes exactly the same outcome as donating clothes. The following information will help you with this process. 1- If you are considering car donation, it is very important to be sure that you are donating to a charity or cause that is approved by the government.The best way to be sure is to ask to see the 501(c)(3) certification that is given by the government to an organization that is given tax-exempt status.2- Once you decide on the charity that you want to give a car donation to, you need to get a "blue book" price for your car. This is will give you the fair market value of the vehicle that is being donated.3- When the car donation is completed, you will get a receipt from the charity that you donated to.This should have the following information: If this information is not on your particular receipt, make sure to have it added, as the government will not allow you to claim the car donation on your taxes if this important information is missing.4- In the past, you were given the fair market value of the car that was donated as a deduction on your taxes for that year. However, that has recently changed. If you donate your car to a charity that sells it, the price it is sold for is the amount that you are able to deduct on your yearly taxes.5- It is important to remember that as with anything that you decide to donate as opposed to selling, the act of a car donation has important benefits for all involved. You get to do something that benefits you and the charity. The charity in turn, gets to help someone while at the same time earning money to keep their programs going and the purchaser of the car gets transportation to and from work. This is truly a win-win situation all the way around. .Visit http://cardonationsinfo.org or http://www.cardonationexplained. info to learn more about donate cars and vehicle donation. By: Peter Wallander Luxury Cars The Chrysler Group Jumps on the E Ethanol Band Wagon - Well, it would appear that President Bush's plan for the future to wean the United States of America off its addiction to foreign oil may actually work. Truck Accidents Slightly Up But Who is Really at Fault Lance Rants - So often we see misleading headlines such as; Truck Accidents Up in 2005 or some such thing. The Auto Blog Bringing Industry News closer to Auto Parts Trains Buyers - For more than twenty five years now, Parts Train has been a leading provider of aftermarket, replacement and collision parts that are of the best quality, reliability and durability. New York Public Auto Auctions - New York is one of the premiere locations for auto auctions in the country. Get NHTSA Recognition for Improving Traffic Safety - Fourteen individuals and organizations from around the United States were recognized by the National Highway Traffic Safety Administration (NHTSA) for their accomplishments in improving traffic safety. more... |
