Car Donation

The Most Recent GAO Investigations Into Fraudulent Durable Goods and Vehicle Donations to Charity

Tue, 09 Mar 2010 00:40:11 -0500

There are many events that encourage the IRS to act and chief among them is people taking advantage of charity deductions. In the case of durable goods or non-cash donations to charity, reports issued in late 2003 found that over half a billion dollars was slipping through the IRS's proverbial fingertips. In an effort to stem this revenue hemorrhaging, new rules took effect in 2005, largely due to just a single scathing report from the US General Accounting Office (GAO) in late 2003. Tags: Charity

Tips for Choosing between Car Donation Organizations

Tue, 09 Mar 2010 00:40:11 -0500

A growing number of people who want to contribute to their favorite charities are doing so through vehicle donation. Because of this there are a variety of car donation organizations devoted to processing donated cars and sending the funds raised from these cars to nonprofit organizations. Also called vehicle donation centers, these organizations can be found all over the United States. It is likely you have a vehicle donation center located within reasonable driving distance. Tags: Car Donation Organizations

Why Vehicle Donations Are So Popular in The United States

Tue, 09 Mar 2010 00:40:11 -0500

In the 1990s and early 'aughts, it seemed you couldn't turn anywhere without seeing an ad or hearing a radio commercial, begging people for vehicle donations. These ads resulted in a massive increase in the number of cars donated per year, but the overall number still wasn't very high. Tags: Vehicle Donations

What to Expect From a Non-profit and Charity Organizations When Donating Autos, Boats and Other Motile Durable Goods

Tue, 09 Mar 2010 00:40:11 -0500

Now that the rules have been changed regarding the donation of vehicles, boats and trailers, the rules have changed on both sides of the charity organizations that have always been the central concern in the minds of donors. Indeed, these rule changes were designed by the IRS to help ensure that more money from the sale of an auto or boat is directed at the charity itself and not just the third-party (usually for-profit enterprise) agent that handles the sale. Tags: Charity Organization