Automobiles, Latest News on Automobiles
Donating Your Car Does More Than Give You A Tax Break
The deadline for filing taxes is almost here. Many people can find this time of year somewhat stressful with thoughts of owing the government and wondering if they will be able to take any deductions. You can ease that feeling of worry by donating your car to charity and making sure that you’ll be on the receiving end next tax season. A car donation will allow you to take an automatic deduction of at least $500. Unfortunately the deadline for being able to get a tax deduction for your donated car has passed you can still donate your car and be able to use it as a deduction on your taxes next year.
Donated cars do a lot for Red Cross as well. When you donate your car to your local chapter it goes toward a multitude of different projects. The most common and important is emergency relief services however; different chapters have specific programs unique to their division like the Red Cross house in Philadelphia which gives families displaced by natural disaster a temporary home. Whatever the program and no matter the division your car donation will do both the charity you give your vehicle to a world of good.
| Print article | This entry was posted by rastid on June 22, 2010 at 4:45 am, and is filed under Cars. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |



