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Car Donation
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All-wheel drive: IRS approves car donations. (Taxing Issues).: An article from: The Non-profit Times
All-wheel drive: IRS approves car donations. (Taxing Issues).: An article from: The Non-profit Times
by Harvey Berger
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Real clunker: how not to take car donations. (Taxing Issues).(Column): An article from: The Non-profit Times
Real clunker: how not to take car donations. (Taxing Issues).(Column): An article from: The Non-profit Times
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IRS approves car-donation program.: An article from: The Tax Adviser
IRS approves car-donation program.: An article from: The Tax Adviser
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Wheel charity: fair market value is out, while the actual sale price is in for setting car-donation write-offs.(Personal Finance): An article from: Entrepreneur
Wheel charity: fair market value is out, while the actual sale price is in for setting car-donation write-offs.(Personal Finance): An article from: Entrepreneur
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Car donations sputtering: tax code change, economy are wreckers.: An article from: The Non-profit Times
Car donations sputtering: tax code change, economy are wreckers.: An article from: The Non-profit Times
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Car donation programs rev up, some are clunkers.(The Art of the United States ): An article from: The Non-profit Times
Car donation programs rev up, some are clunkers.(The Art of the United States ): An article from: The Non-profit Times
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Donating A Car To Charity Article

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Make a Difference and Reap the Benefits of Your Car Donation

from: Chris Robertson




When you contemplate buying a car (whether it's previously owned
or new), you're faced with the decision of what to do with your
old car. Often, trading it in means receiving only a fraction of
its value. Selling it through an ad in the newspaper or online
is a hassle. Not only do you have to pay for the advertisement,
but you also have to endure questions from potential buyers and
make yourself available to people who want to view the car or
take it for a test drive. In addition, you assume financial
risks, in that the buyer may present you with, for example, a
fraudulent check.







Increasingly, car owners are choosing to donate their older cars
to charity. The process involved in a car donation is
straightforward, and gives the car owner the satisfaction of
knowing that they are helping those in need. Often, the tax
benefit afforded the car owner as the result of an auto donation
exceeds the benefit of the outright sale of the vehicle.







A variety of charities are embracing car donation as a way to
support the important and valuable work they do to help adults
and children who are less fortunate. Many charities have seen
donations fall off, as donors instead have contributed to
disaster relief, such as efforts triggered by the tsunami in
Asia or by Hurricane Katrina. When you donate your car to
charity, you are providing worthy organizations with much-needed
support.







Many of these organizations provide services internationally to
people in need. Often, a car donation can go far in helping
those who are most in need. You can be sure that your auto
donation has a significant impact when it is used to help the
over three billion people in the world who live on a meager $2
per day.







Your car donation can help a cause you care about and help you
reap the tax benefits of auto donation. Whether your car is
barely used or barely runs, you can still help those in need and
list the contribution on your tax return. Although you should
check with your tax preparer, you can typically deduct the full
amount that the charity receives for your car or $500, whichever
is more.







When you decide to donate your car, the process is easy. For
example, Donate Car for Charity (www.donate-car-for-charity.com)
lists
five simple steps you can take to make a difference in the
lives of those who need the services that charities can provide.
In essence, they will help you determine the value of your car
donation, and all you have to do is complete an auto donation
form, provide the vehicle title, and arrange for your car to be
picked up at no charge. Then, you can reap the tax benefit from
your car donation, and feel the satisfaction that comes with
knowing that you have made a difference in the lives of others.







About the author:


Chris Robertson is an author of Majon
International
, one of the worlds MOST popular href="http://www.majon.com">internet marketing companies on
the web. Visit this href="http://www.donate-car-for-charity.com">Automotive
Website
and Majon's href="http://www.majon.com/directory/Automotive">Automotive
directory.






 

Donating A Car To Charity News

Donate it Instead: TLS Auto Recycling Teams Up With CharityCar.US

TLS Expands Its Commitment to the Environment and to Society by Pairing With Respected Car CharitySacramento,CA (PRWEB) May 22, 2012 “Are you thinking of selling or trading in that old vehicle? Why not DONATE it instead?” – CharityCar. ...

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Charity comes at a price for fundraiser

Charity has come at a price for social campaigner Ros Worthington, who says she owns virtually nothing - not even a car - after 30 years of fundraising.

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Charity shops hit as eBay sales increase

REDDITCH and Alcester charities are struggling to stock their shelves as residents opt to sell their old clothes. Managers have reported a drop in donations as residents look to cash in on their unwanted clothes on internet sites such as eBay and local car boots.

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Defending champ Edwards out of All-Star race

CONCORD, N.C. (AP) Once again there will be no repeat champion at the Sprint All-Star race.

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Paul Newman’s Hole in the Wall Gang Camp Named Finalist in Toyota’s 100 Cars for Good Program

Organization Seeks Votes on May 26 to Win a Car to further its mission of serving seriously ill children and their familiesNew Haven, Conn. (PRWEB) May 22, 2012 Saturday, May 26 will be an exciting day for The Hole in the Wall Gang Camp, the camp founded by Paul Newman in Ashford, Conn. to serve children with cancer, sickle cell anemia and other life-threatening illnesses. Beginning at 10 a.m ...

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Alpha Car Hire Sponsors Charity for Australian Youth

In order to both raise money for Variety and allow the attendees to benefit from the event, guests can bring five items of clothing and swap them out for a new outfit — granted that the quality of the clothing is an equal trade.

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Kidney Transplant Inspires Teen's Charity

While awaiting a kidney transplant, Chad Eaton formed a charity, giving toys and gifts to fellow kidney patients.

Read more...


 

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