Most people assume that car donation and charity giving are tools the rich alone are able to use to ease their tax burden. This couldn’t be further from the truth! Anyone can file a tax return with itemized deductions if they bother taking the time and effort to do so. Though you are responsible for [...]
Entries from August 2008
How Car Donation and Charity Giving Can Reduce your Tax Burden
August 28th, 2008 · 2 Comments · Tax Advantages of Car Donation
Tags: car donation charity
The Changing Face of Who Will Donate a Car to Charity in the United States
August 26th, 2008 · No Comments · Car Donation
Though the average person who was liable to donate a car to charitable organizations once included just about everyone in the late 1990s and early ‘aughts, changes in IRS regulations and rules governing deductibles since 2005 has made for a subtle demographic shift towards the upper-middle class with regards to just who will donate a [...]
Tags: Car Donation·donate a car
How Charitable Donations of Automobiles Can Benefit Needy Individuals in Your Community
August 25th, 2008 · No Comments · Local Car Donations
There are many reasons why needy families in your community can benefit from charitable donations of your old automobile. Much of this is rooted in the free market economy that dominates in the United States, sometimes despite the best interests of low-income workers that make up the bottom of the labor pyramid that drives consumer [...]
