Car Donations In IRS Spotlight--Again - TheNonProfitTimes: he Internal Revenue Service (IRS) is calling for public comment on a scheduled reevaluation on the codes that stipulate rules for charitable contributions of certain motor vehicles, boats and airplanes.
Every three years the IRS takes into account new perspectives and ideas on how tax codes can be changed to make processes run smoother and more effective. The last time this code changed was 2005.
Showing posts with label NPCarDonations. Show all posts
Showing posts with label NPCarDonations. Show all posts
Wednesday, October 19, 2011
Monday, October 03, 2011
Giving a car to charity comes with strings attached | The Coloradoan | coloradoan.com
Giving a car to charity comes with strings attached | The Coloradoan | coloradoan.com: Answer: Rather than go through the hassle of selling an old car, you may get a tax deduction for donating the vehicle to a charity. An increasing number of charities have turned to car-donation programs. You may have seen ads from some of these organizations in your local newspaper urging individuals to donate their old cars. The donation approach saves you the trouble of trying to sell the car.
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