Dramatic Decreases in Automobile Donations in 2005 Hurt Legitimate 501 (c)(3) Non-profit Organizations
Though never a large part of the budgets of most IRS sanctioned non-profit organizations (NPOs), recent rulings by Revenue Service (and instigated upon the recommendations of the General Accounting Office and the Senate Finance Committee) have cut automobile donations down quite a bit. Of course, there are plenty organizations that promote the public good [...]
Continue Reading ArticleCharities to Whom You May Donate Automobile Parts and Broken Autos
Even though vehicle donation laws have been changed that doesn’t mean you’re stuck with that beater. You can still donate it to charity even if the tax deduction benefit has been slashed dramatically.
Continue Reading ArticleSecuring the Correct Paperwork When You Donate Autos for Tax Deduction Purposes
The good news is that securing the correct paperwork when you donate an auto for tax deduction purposes should be simple. In fact, it should be automatic, but in some cases, you may have to remind the people who are handling your donation their obligations under the law. Since 2005, it has become far more [...]
Continue Reading Article