| Find-Finance.info |
|
Car Donation
Car (and truck, RV, boat, etc.) donations are fantastic ways to get significant tax writeoffs Car donations are also a great way to help people who are less fortunate. When donating, make sure that the charity is registered with the IRS as a non-profit charitable organization, to ensure that you can claim the tax deduction. Many charities and donation services will accept automobiles, whether or not they are running. They will then pick up (with a towing, if required) the vehicle at your home or work place. Don't forget to ask for a donation receipt. In some cases, you may be responsible for assessing the fair value of your vehicle. If that is the case, you should consult the Kelly Blue Book.