Monday, October 19, 2009

Donations That Make A Difference In The World By Timothy Allen

Timothy Allen

Because of all the devastating problems in the world today homes, and lives have been severly changed. Rebuilding businesses and home properties requires a great deal of resources to accomplish. Getting aid from the government is extremely hard to do. Their aid falls short of what is really needed. Individual contributions from us the people is needed. Beyond regular contributions, donating a used car can greatly benefit the needs of these who are in great need. A car donation not only benefits those who recieve aid from it the donor is also benefited.


Car Donations are simple, and are done through a charity vehicle donation program. Generally, a telephone call is all that is necessary. In addition to a clear title to the car. Many organizations will take car that are running or not running. The car donation program will arrange for the vehicle to be picked up, conduct a charity auction sale, and distribute the proceeds to the charity of your choice. In most instances those who donate just have their car waisting away and taking up space.


Your car donation is tax deductible, as long as the charity is a registered 501(c)3 organization. A registered 501(c)3 organization is a non-profit organization permitted by the IRS to accept contributions and offer donors a tax deduction for their contribution. Thanks to a new tax law in effect as of 2005, the IRS has taken the guesswork out of determining the value of your car. You may deduct the full price that is received from the sale of your car. This greatly simplifies the process, because you no longer have to research and arrive at an estimate of the market value of the vehicle. This also changes the risk of getting into trouble by overstating the value of your deduction on your tax return. You’ll know exactly the amount you may deduct, eliminating guesswork, and saving both time and potential problems.


Car donations will help provide aid, disaster relief for devastated areas, and communities. In fact, a car donation will eliminate the hassles of selling a car, and give something back to a community in need at the same time. A car donation can and will make a difference that we need in the world.


Resource: http://www.isnare.com/?aid=84959&ca=Society

No comments:

Post a Comment