Wednesday, August 25, 2010

How to Donate a Car to Charity and Get a Tax Deduction!

If you want to donate a car to charity maybe because you don't have time to sell it or you don't think you can get what it's worth or just don't have the time to bother with it or you want to use it for an income tax deduction here are a few tips you should know.

First check with your local charities and see if they can accept car donations. This is the same if you have a truck, boat, RV, motorcycle, airplane or other vehicle you want to donate. Some are set up to sell them on their own lots or have use for them within the organization to carry goods and/or people during their business day.

For those charities that are not set up to handle donations they hire companies that are set up to resell your car, usually called car donation brokers through car donation programs. If you seek them out know that they may keep 50 percent or more of the value of the vehicle. However since so many charities aren't set up to handle these donations they hire them and get profits they wouldn't ordinarily get, so the charity does gain some monies. You can always ask the broker how much of the profit is passed on to the charitable organization.

Make sure to ask if the charity is IRS-approved 501 9(c) (3) or is a qualified religious organization such as a church, temple or mosque in order to accept the donation.

Once you know what charity you're going to donate it to, you can save the charity some money by dropping off the car or vehicle yourself. Some charities charge a removal fee and you can avoid this. Make sure to pass the title on to the charity and sign it over with their name to prevent future legal problems.

If the car or vehicle is worth more than $500, that you can claim a charity tax donation. You want to check the Kelley Blue Book to make sure you know its fair market value.

Make sure to take pictures of the car inside and out for your records.

If your car is worth more than $500 then you'll need to file IRS form 8283 with your tax return. If it's worth more than $5000 then you'll also need an appraisal. So check the IRS form for exact details. You'll also need your charity receipt and a copy of the change of ownership in the title.

This is basically how to donate a car to charity. If you're careful in filing any necessary paperwork, documents, and IRS forms and keep copies of everything, have proof of the value and take care to check all the details you should benefit greatly as will the charity.




For more tips on choosing the best charity car donation, car donation program, used car donation or charitable car donation online and offline go to http://www.Car-Donation-Info.com for charity and tax deduction tips, help, facts, reviews, including information on all types of car donation

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Wednesday, August 18, 2010

The Party

Gabeprec's wife needs a wheelchair van so she can go shopping. Right now gabprec uses his power wheelchair as the family car. His wife gets really upset that she can only buy small amounts... NAH- Just kidding about that. ;~)p Actually gabeprec is MAKING a DVD so he can sell copies of it to save up for a wheelchair van himself. instead of me or him asking for DONATIONS of money. I'm asking that you donate a little time watch his vidoes on his channel, then make a ONE MINUTE video reply to this video here. PLEASE donate the time for this good cause. Otherwise next time i will be asking you to donate $5000.00 each. ;~)p Donations come on many forms, from money that most people RUN from when they hear or see that's what's being asked for... TIME - Something that seems as hard to ask for as money from people. Prayers - Just some kind thoughts sent gabeprecs way wishing him well, and that his DVD sells out, and he can buy himself the wheelchair van of his dreams. A wheelchair van can cost about $30000 for a basic new van, to well over $60000 for something with more features, and they go even higher. If I where a car dealer, I would have this young man host some sales events, you know in trade for a donated wheelchair van made to order. Why would I do that? Number one he has a ton of great information to share with people. I mean watch his videos and find out. I would want him sharing this with new drivers, or those who need a wake up call about life. No one is perfect, I know ...



http://www.youtube.com/watch?v=fAdV4NZBc1g&hl=en

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Tuesday, August 17, 2010

Car Donation Tax Write Off

So the deduction for donating a car is based on the Fair Market Value (FMV) of your car. They are many ways you can get that value for your car. The most common way would probably involve you going to the internet, and there is a number of websites out there that allow you to enter your vehicles information. Information like the type of vehicle, the year, the model and then they calculate the fair market value.

The IRS has a list of organizations that are qualified as donors, these are the only organizations you can donate to and guarantee a deduction from the IRS. However there is an exception to the rule, churches, temples, mosques and governments do not have to be on that list for them to qualify as places you can donate to. Most of the time, you are most likely going to be donating a vehicle to some kind of church, so you do not have to worry yourself with the list.

In order to get the benefit of the vehicle you have to itemize on your tax return instead of doing the standard deduction. So make sure you are doing that, otherwise it is not going to be worth doing a donation, you will be better off selling your car. You need to be honest about the Fair Market Value of your vehicle because the IRS will look for supporting documentation, including how you came up with the value.

You also have to document your donation. Get a receipt from the place you are donating to and on that receipt you should have the date, amount, address and your phone number. If you do not have that information the IRS has every right to disregard the claim. The IRS publication 4302 provides in detail further rules and guidelines.




Next, get more FREE information on car donation tax, at our blog here: http://www.waukoo.com/cardonations.

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Tuesday, August 10, 2010

Donate Your Car to Songs of Love!

Turn your old car into a personalized song for an ailing child. Proceeds from the sale of your car will fund the production of fully produced custom made songs to bring smiles to the faces of sick children. Please visit www.songsoflove.org do donate your car online! Over 20000 children have received their very own "song of love"! Seen on 60 Minutes and the Today Show!



http://www.youtube.com/watch?v=HWX88nCv7bw&hl=en

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Friday, August 6, 2010

The Aftermath of Typhoon Ondoy

I compiled these pictures to share with you the aftermath of Typhoon Ondoy that recently struck the Philippines and left scores of people dead and homeless. This also serves as a Tribute to the Victims of this calamity who now face the grim reality of rebuilding their homes and the uncertainty of the future that lies ahead of them. Please help our countrymen by offering your prayers and sending your generous support and donation back home. Here is the info I got where you can send your donations. You can send them too through the various organizations or associations in your respective communities who are raising funds for the victims of this calamity. Thank you and God bless! To Make Donations: www.google.com www.redcross.org.ph www.redcross.org.ph www.redcross.org.ph www.redcross.org.ph www.redcross.org.ph www.redcross.org.ph www.redcross.org.ph FACEBOOK GROUP: HELPING SPREAD HELP www.facebook.com KAPUSO HELPLINE - 9811950 to 59 Senator Dick Gordon +63 917 899 7898 +63 938 444 BOYS Landline: 143 Mobile Phone Load Donations:: The Red Cross Rescue and Relief Operations. Send RED to 2899 (Globe) and 4483 (SMART) MARIKINA RESCUE: +63 2 646 2436 Boats now available. Pls contact Nor Domingo/ La Salle Greenhills +63 2 920 907 290 Metro Manila Development Authority: Landline: 136 Coast Guard:Landline: +63 2 527 6136 National Disaster Coordinating Council (NDCC)Emergency Numbers: +63 2 912-5668 +63 2 911-1406 +63 2 912-2665 +63 2 911-5061 Help hotlines: +63 2 734-2118 +63 2 734 ...



http://www.youtube.com/watch?v=lXw8HnClrr4&hl=en

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Wednesday, August 4, 2010

Make a Car Donation to Songs of Love!

Turn your old car into a personalized song for an ailing child. Proceeds from the sale of your car will fund the production of fully produced custom made songs to bring smiles to the faces of sick children. Please visit www.songsoflove.org do donate your car online! Over 20000 children have received their very own "song of love"! Seen on 60 Minutes and the Today Show!



http://www.youtube.com/watch?v=skghxx4V_vY&hl=en

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Sunday, August 1, 2010

Free WoW Late night raid to Black Temple with Game Master P1

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http://www.youtube.com/watch?v=7ux-SapiKcY&hl=en

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