Finger tip points on car donation

Finger Tip Points on Car Donation CAR DONATION: THE TERM AND MEANING Car donation is practiced when you gift to a charity organization or such institution your automobile which may or may not be in useable condition. You must have thought of needy people at times and longed to do something for them. Unfortunately, you […]

Whenever a customer decides to buy a new car, a question arises in his mind about what to do with the present car. The customer can donate, sell it privately, or trade in the car at dealership. Trading in the pre-owned car at dealerships presents an effective solution as the customer will pay less amount […]

Taking Some Car Donation Deductions Can Actually Increase Your Tax Liability Due to Special Situations Not all car donation deductions are created equal – there are even cases where donating an auto in good faith can actually increase your tax liability under certain circumstances. Like anything else involving the IRS, the burden of proof is […]

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