Here are 4 simple steps and tips to help you understand and claim a tax deduction for your donated car on your tax return

Here are 4 simple steps and tips to help you understand and claim a tax deduction for your donated car on your tax return. Step 1: Find out how much the charity sold the car for Use the price the charity obtains for selling your car as the amount of your deduction. For example, if… Continue reading Here are 4 simple steps and tips to help you understand and claim a tax deduction for your donated car on your tax return

Tax deductions: What to know before you donate your car 

Tax deductions: What to know before you donate your car One of the biggest benefits of donating your car is that you might be able to deduct your charitable donation. But just like anything else the IRS controls, it’s not as simple as handing the car over to a charity and then deducting its value from… Continue reading Tax deductions: What to know before you donate your car 

Why You Should Consider Donating Your Car?

Why You Should Consider Donating Your Car? The best place to donate car to charity should ideally give you the benefits mentioned herein. 1) You get to qualify for tax breaks – Charity donations are tax-deductible in most countries (the specifics may vary). You get a tax deduction based on the fair market value of the… Continue reading Why You Should Consider Donating Your Car?

Top 3 Reputable Car Donation Charities That Accept Car Donations Directly

Top 3 Reputable Car Donation Charities That Accept Car Donations Directly You can get a comprehensive list of the recognized charities from the Internal Revenue Services (IRS) website. However, the following are some of the best charities to donate your car to. 1. Habitat for humanity One of the most widely known charities where you can… Continue reading Top 3 Reputable Car Donation Charities That Accept Car Donations Directly

What are the benefits of donating a vehicle to Rockbridge Area Hospice?

What are the benefits of donating a vehicle to Rockbridge Area Hospice? It’s simple, easy, and free. CARS converts your car into cash, which becomes a welcome donation to Rockbridge Area Hospice. You are entitled to a tax deduction and you avoid the cost and hassle of repairing or selling a car that you no longer… Continue reading What are the benefits of donating a vehicle to Rockbridge Area Hospice?