Tuesday, June 12, 2007

Donating Cars to Charity

If you are donating an old car to charity make sure you donate it to a charity that, in turn donates it to someone else in need. Under new IRS rules, in an organization auctions off a used vehicle, the former owner can only claim the amount the group gets for the sale, which could be well below market value.

BUT donations to charities that supply cars to needy people can be taken at full value.
Check out 1-800-CHARITY CARS, the first and only national charity of its kind that
provides donated vehicles free of charge to struggling families willing to work and become self-sufficient, tax-paying members of the community.


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