Car Donations: How Much Can I Deduct?

When you donate a car you may deduct the fair market value when filing your taxes, this may be different than the Kelly Blue Book Value, as vehicle worth varies depending on the type of re-sale marketplace. The actual amount you are able to deduct is dependent on what...

Car Donation Tax Deductions: Tax Day

With the 2012 filing deadline today, we thought it might be helpful to describe how car donations and tax deductions work to your benefit. For questions not answered here, please feel free to call us at: 877-957-2277. If you donated a car in 2012 to a charity featured...

Cars, Homes and Tax Deductions

By Brett Hersh – Let’s Talk Taxes , journal-news.net The economic drought has stunted many nonprofits’ ability to serve their communities – just when their services are most needed. As traditional donation streams dry up, charities are reeling to...