Oct 01 2009
Fall is in the air. The wind is blowing today and the temperatures dropping. The weather is telling us that it’s autumn and we’re entering the fourth quarter of the year, which here at Cars 4 Causes® is one of our busiest times. This is the time of year when many owners think about donating their vehicles to meet end-of-year tax deduction deadlines. And it’s a time of year when donations to charities are on peoples’ minds even more than usual.
Getting Your Tax Deduction
If you’re considering car donation to charity, please check out our FAQ’s for insight into the donation process. This year is an especially good year to donate for many of us. See our July blog explaining additional 2009 tax incentives.
You’ll find our general explanation of tax deductions in our FAQs. In brief, it says:
Donations to a non-profit organization or charity that is classified under 501(c) are often tax deductible. Cars 4 Causes® is a 501(c) and therefore donations made to us may be utilized as a tax write-off, allowing you a car donation tax break. (Everyone’s tax situation is different, so we do advise you to consult with your tax professional to determine tax benefits from your car donation.)
The best and most compact resource we’ve found to describe the rules around car donation tax write-offs is A Donor’s Guide to Vehicle Donations. It’s a 16-page brochure and is downloadable. We recommend it as an excellent resource because it comes straight from the source: the IRS.
We’re also here as a resource for you, available toll-free by phone at 800-766-2273 and by online chat. We’re always happy to share our expertise. As The Charity That Gives To Charities®, we make it easy for you to choose a charity to benefit from your generous donation. If you’re thinking of making a vehicle donation, call now. Get your tax deduction and make your charity donation, too.
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