6 Ciri Wanita Shalihah Yang Didamba Rasulullah
God loves cheerful donors. We can find my ways to donate, and car donation can be part of our giving process. Both the giver and the charity will benefit from our generous gesture.
o The organization gets the advantage of the car,
o The donor gets the tax benefit.
Apparently, this generosity is to support a person's passion for charity, whether that organization is designed to help a children's hospital, an orphanage, school for the blind, or any other noble cause. Agencies that take care of car donations on behalf of the charities have a list of those that they have agreements with. If the charity of your choice is not on their list, speak the concerned person at the organization and request him to get in touch with the agency so that you can donate your cars to the right charity.
Many organizations, accept the contributions from people who give their cars to a worthy organization. Most people prefer to trade in their older cars for a better price on a latest model. But, if their car is very old or has lot of depreciation, a car dealer may not offer much for it as a trade-in. It may be economically wiser to donate it for tax write-off.
The IRS recommends that the donor should check out the agency first. People who like to give in this way are advised to consult the IRS publication, "A Donor's Guide to Car Donations." In order to avail tax exemption for donating, the organization should be qualified as per section 501c3 organization. The donor has to know the value of the car. The maximum amount that a person can deduct is the fair market value of the car. It may not be the same as the "blue book" estimate. To avail full advantage of the tax benefits, the agency must provide a receipt that the donor will use when filing tax returns.
The process is easy and simple. Get in touch with an agency that processes car donations (can be searched online also) and completely fill up the form. Name the organization that will receive the proceeds from the donation. The agency then will contact a local towing company to pick up the car and the title. The complete car donation process to charity is usually finished within a day or two.
For More Information Connecticut Car Donation [http://www.donate-car-ct-connecticut.org/], and Car Donation in New York [http://www.donate-car-ny-new-york.org/]
Article Source: https://EzineArticles.com/expert/George_V_King/235541
Article Source: http://EzineArticles.com/1325479
