Dealers and individuals can both reduce their taxes with a car donation. Individuals can donate a car they don’t need anymore, dealers can donate one from their inventory, and both will help charities. But, if you’re looking for a tax reduction in return, there are some things you should know. Almost anyone is eligible for a car donation tax deduction, but you need to know the rules, and how much you can reduce your taxes depends on a few things.
Read moreDealers or Individuals? Who Can Reduce Their Taxes with Car Donations?