Did you know you can donate a car and save on taxes? Donating a car to charity can give you a substantial tax savings if done correctly. A little planning will assure that you maximize the tax savings of your car donation. The Internal Revenue Service (IRS) wants...
Junk car donations help keep it green by recycling materials and parts that would normally end up in a landfill and reusing those items. Back in 2009 the United Recyclers Group (URG) attempted to measure the impact of automobile recycling in a study that focused on...
Car Donations Hardly Help the End Charity False. Most vehicle donation programs are run by reputable companies that pay a high percentage of the proceeds to the charity they work for. There are always costs associated with the sale of a car donation, but those costs...
Some Simple Steps to Maximizing Your Car Donation Program Question: I direct a charity as part of our church outreach. A few people have asked if we have a car donation program and we’ve had to say no. We’re thinking about using your car donation program...
Question: I’m donating my car, but I want to make sure it won’t just be scrapped (it’s running and in good condition). What do you do with cars in this situation? Answer: First, we’d like to commend you for your decision to donate a valuable asset to charity!...
Question: I’d like to donate my car to a non-profit organization, but I read that my donation it might not be tax deductible. What’s the difference between a non-profit and a charity and how does that affect my tax deduction? Answer: Put simply, all...
