Car Donations
 


IRS approves car-donation program.: An article from: The Tax Adviser
IRS approves car-donation program.: An article from: The Tax Adviser
by Thomas P. Ochsenschlager
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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
by Harvey Berger
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Taxpayer Alert: Choosing A Paid Preparer And The Pitfalls Of Charitable Car Donation: Hearing Before The Committee On Finance, U.s. Senate
Taxpayer Alert: Choosing A Paid Preparer And The Pitfalls Of Charitable Car Donation: Hearing Before The Committee On Finance, U.s. Senate

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A Guide To Car Donation
A Guide To Car Donation
by Michelle Tason
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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Welcome to Car Donations

 






Charitable Car Donation Article

What to Consider About a Charity Car Donation

A charity car donation is where a person donates a car or other vehicle to a charitable group for a fundraising auction. The person who performs the charity car donation will usually be able to bring the car in regardless of condition and get a tax deduction in the process. You can always find out easily from your favorite charities if they have auctions where they can deal with cars, but there are many other things to consider about making a charity car donation. These facts about charity car donation will help you to see the many benefits of the process.

First, you should know that some charities do not run any kind of operations that involved getting the charity car donation to be transferred from the original car owner to the charitable group. However, there are many companies that will work to help take care of the car and bring it to a mass auction with the proceeds benefiting the charity that you choose, although sometimes a set charity may have been determined.

A group that specialized in charity car donations can help you with the process. However, the company that would work with your charity car donation will charge a percentage of the sale value of the car at the auction in order to pay for the costs of towing and other services for the car. A majority of the sales value from the car will go to the charity, of course. A charity car donation group will also help charities that do not have the appropriate staffing needed for handing charity car donations out.

Charity car donations will be used on various different times of the year. Some charities will have car auctions once a year, but some will even set up car lots with which to sell the donated cars. Many different groups offer car auctions, including the United Way and Easter Seals. It is always good to contact your favorite charity and ask them about charity car donations and whether or not they accept them along with groups that can help with the process.

One of the best reasons as to why charity car donations are as popular as they are is because most of the time cars used in charity car donation programs are not working. These cars will usually be sold with a reduced value and be auctioned off as scrap metal to the highest bidder. This is a better way of handling the car because you can at least get something back for a nonworking car in the form of a tax deduction.

Charity car donations are also popular becoming people who make donations will not have to worry about maintaining the car and repairing it for sale. In fact, it can be difficult to sell a car by yourself because of all of the advertising and repairs you will need to make to a car. This makes a charity car donation a much easier and convenient option for you to consider.



Car Donations News and Information

 



Charitable Car Donation News

Washing away their troubles

Eager ladies lined up to have their already clean vehicles hand polished by the newest group of fire recruits Monday afternoon. Edmonton Fire and Rescue grads held a charity car wash at the RONA on Calgary Trail, with proceeds going to the U of A's burn unit.[...]

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Broomfield Enterprise upcoming events -- Sept. 9

Upcoming events in and around Broomfield

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These soldiers have a point to make

Two drivers also hope to raise $150,000 to help injured servicemen

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BRIEFLY: Sept. 8

Read about what's happening in and around Plymouth.

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Los Gatos Weekly Times Calendar

Special EventsBlood Drive: Donate blood to the American Red Cross. Sept. 7, 10 a.m.-4 p.m. Calvary Church, 16330 Los Gatos Blvd.

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Gates, Buffett face suspicion getting money from mainland tycoons

Some mainland billionaires have shunned an invitation from two of the world's richest men, Bill Gates and Warren Buffett, to have dinner with them in Beijing - for fear they will be asked to give away their fortune.

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