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Why Donate Your Vehicle Before December 31st? You Can Still Beat the Deadline for Claiming Your 2018 Tax Deductions Before we say goodbye to another year, there’s still time for you to do yourself the huge favor of getting a hefty tax write-off. That’s right! You can still donate your beat-up clunker to charity before […]

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‘When Does It Make Sense To Donate My Car For Tax Purposes?’ Donating an old vehicle to charity provides numerous benefits to both receivers and givers alike. Disadvantaged individuals finally get the support they need while donors not only get rid of their unwanted vehicles but receive hefty tax write-offs as well. However, since there […]

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Holiday Charitable Giving: Save on Taxes And Donate to a Good Cause Holidays are a great time to save on taxes and donate to a good cause. It’s usually during this time of the year when our generosity is at its peak. All the wonderful things that happened in our lives all throughout the year […]

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5 Things You Can Do to Make a Difference on People’s Lives on December 25—Christmas Day If you’ve always wanted to do a selfless act this year but haven’t had the chance to do so, then December 25—Christmas Day—is the best time to do it. Essentially, the holidays are the time for giving. Let’s take […]

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How to Correctly Fill Out a Car Donation Form To Make Sure You’ll Get a Tax Deduction If you’re planning to donate a vehicle to a charity but are unsure on how to correctly fill out an online donation form, this step-by-step guide can definitely be of help. Making a donation to a legitimate charity […]

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How Do Car Donations’ Tax Deductions Work? Donating an old vehicle to a charity is a win-win situation for both donors and beneficiaries. Disadvantaged individuals and families can finally receive the assistance they badly need while generous donors are rewarded with handsome tax deductions. Plus, donors can get rid of their unwanted vehicles without having […]

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National Running Day: Get Moving to Boost Your Health Get your feet and shoes ready on June 6, which is National Running Day this year! This is a day where we celebrate the joy and the health wonders of running. Running helps improve one’s health in more ways than one. It is a recommended exercise […]

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What Are the Types of Tax-Deductible Donations? Here’s What You Need to Know The old cliché that says, “It is better to give than to receive” suggests that when we give something valuable to someone, we should give it without expecting anything in return. The reasoning for this is that the feeling of satisfaction that giving […]

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What Is the Minimum Donation Deduction? Know the Rules on Contributions to Charity There are numerous personal reasons for making charitable donations. Indeed, it makes you feel good while at the same time enabling you to get a tax deduction. The Internal Revenue Service (IRS) has tightened the rules on charitable tax deduction, so it pays […]

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What is a 1098-C IRS Form? Know When to Attach or Not to Attach this Document in Filing Your Tax Return When you donate a vehicle to a charitable institution, you can claim a tax deduction, the amount of which depends on how much your vehicle was sold by the charity. If your vehicle was sold […]

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