Is Donating a Car to Charity Worth It?

Posted on September 10th, 2008 by 1B

One of the charitable trends in recent years is donating a car or other vehicle to a needy organization.  It helps them fulfill a need, and helps the donor with a nice tax deduction, right?  Well, maybe.   That’s because changes in the tax law over the past couple of years have made it less attractive [...]

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Filed under: Giving Options, Tax Issues

Taxes and Charitable Giving

Posted on February 24th, 2007 by 1B

It’s tax season in America, and regardless of how we give, there are often tax considerations as well.   If you are making donations, cash or otherwise, there may be deductions available that can lower the taxes you must pay on your income.  For larger donations of cash or valuable property, there may be limitations on the [...]

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Filed under: Tax Issues

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