The Most Important Thing To Remember In Donating A Car
Donating a car is becoming a common trend in disposing of old automobiles. Instead of going through a broker and negotiating for the car’s market value, more people prefer to give it over to charity instead. This is because of the tax deductions that one can get from participating in the act of donation.
When you plan on donating a car, it’s very important to ensure that the charitable institution you’re going through is eligible to make tax deductions available to the donors. Asking for a copy of the organization’s IRS letter which verifies its tax exempt status will give you peace of mind that you have entered into a legal and beneficial deal.
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