tax deduction

5 Nonprofits to Donate Your Car

A used car donation can benefit worthy causes in your local community. If you have an unwanted vehicle, consider giving it to a nonprofit organization. By donating your car, you can support their mission, receive tax benefits, and simplify your life. Let’s take a look at five worthy causes that would put your car donation … Read more5 Nonprofits to Donate Your Car

Dealers or Individuals? Who Can Reduce Their Taxes with Car Donations?

car donation

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?