A REASON TO DONATE A CAR IN NY: GET TAX DEDUCTIONS FOR YOUR DONATION
Choosing to donate a car in NY through organizations like Miles Ahead Network opens the opportunity to a lot of advantages, ranging from a sense of moral fulfillment to tangible financial benefits. No matter what your reason may be, you would probably agree that getting tax donations would have to be one of its greatest perks.
MAKING A CAR DONATION TO NEW YORK CHARITIES FROM A DISTANT CITY
So you’ve finally decided to cut ties with the old junker in the garage. You had a good run and your share of happy memories, but it’s time to move on. Plus, the car’s value will be written off as a tax deduction. Bear in mind, however, that making a car donation in New York, Boston, and other urbanized locations isn’t as simple as dropping change into a tin cup. Joanne Fritz described the risks and complexities in her article in About.com:
HOW A CAR DONATION IN NEW YORK WILL GENUINELY BENEFIT A NONPROFIT
The ALS fundraising campaign has been quite successful lately thanks to the participation of celebrities, but the campaign’s true goals may have been largely overshadowed by the hype generated by the “ice bucket challenge”. An article on Time’s MONEY website section, dated August 19, 2014 discusses how the ALS campaign, despite good intentions, might be focused too much on its ice-bucket-pouring gimmick:
WHY YOU SHOULD DONATE A CAR IN NY INSTEAD OF BATHING IN ICE WATER
Popular charities, such as the recent ALS fundraiser, get a lot of attention due to their unique donation format, but they can be a disservice to other well-meaning charities. A report on the Quartz website published last August 14, 2014 details how high-profile and competitive charities can detract from the noble goal of actually helping others. The article makes a good point regarding how charities can encourage people to genuinely lend aid:
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 NEW YORK—THE BEST PRE-OWNED CARS TO DONATE THIS YEAR
Considering how vast the planet is, one might think that making a difference or changing the world for the better are feats best left to extraordinary individuals—but such is not always the case. As Aesop, the popular Greek storyteller, once stated: “No act of kindness, no matter how small, is ever wasted.” Therefore, whether you’re planning to volunteer at local charities or donate your car in New York with the help of car donation processing companies like Miles Ahead Network, know that you’re about to contribute and support a noble cause.
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.
