NEW YORK CAR DONATION DRIVES AND THE ART OF GIVING WITHOUT SPENDING
People have been engaged in acts of philanthropy throughout the ages. These selfless acts of giving, often through monetary means, have been revered for so long that in the minds of many, giving has probably become limited only to finances. However, not all those who would genuinely love to give to charity have much spare cash lying around.
CHARITABLE CONTRIBUTIONS INCREASE DUE TO FACTORS LIKE NY CAR DONATION
A report recently released by the charity watchdog Blakbaud indicated a significant increase in the number of donations last summer, fueled by conventional monetary contributions as well as by people willing to donate a car in NY to organizations such as Miles Ahead Network, among others. Isaac O’Bannon of CPA Practice Advisor provided further details on the subject:
DONATE A CAR IN NY: HOW TO MAXIMIZE TAX DEDUCTIONS FROM A CAR DONATION
The car donation process sounds so simple: Donate your used vehicle to charity and receive a tax deduction while you help those in need. It’s a win-win situation, right? Not necessarily. Without a little planning and preparation, it can be easy for well-meaning donors like you to end up stumbling and fumbling with deductions come tax time.
