Tis the division for car-donation commercials to clog the airwaves, advancement you to accord your auto for a acceptable cause.
Image Source: arfforkids.org
Typically, these donation programs are a bad deal--for taxpayers and charities alike. Many programs, including some that acquaint heavily, amplify the tax allowances available. Meanwhile, abundant of the gain account the for-profit towing and accident companies that run the programs, with sometimes as little as $100 per car activity to the charity.
But there are a brace of programs that agreement 100% of the car's amount absolutely goes to a acceptable cause.
The St. Vincent de Paul Society, a Catholic alms that allowances the abandoned and poor, has run a car donation affairs for added than 10 years. The association handles all the capacity of processing donated cars and accepts cartage whether they run or not. Donors in Los Angeles, Santa Barbara and Ventura counties can alarm (800) 97-HELP-1 to align for a chargeless pickup, or cars can be alone off at the society's Los Angeles or Port Hueneme stores. For added details, alarm the toll-free cardinal or appointment http://www.svdpla.org/donations.html.
Image Source: ytimg.com
J.D. Power, the auto analysis firm, aloof launched a car donation affairs that promises all gain to charity. J.D. Power will pay all the towing, processing and auctioning costs and accord the car auction gain to Starbright Foundation, a alms chaired by Steven Spielberg and Norman Schwarzkopf that allowances actively ill accouchement in bristles Los Angeles-area hospitals.
Like best car donation programs, this one will booty barren cars as well, "although we do ask that they be in one piece," said agent Benjamin Gold.
For added details, alarm (800) 227-2582 or appointment http://www.carclub.com.
Image Source: pinimg.com
Before you donate, bethink that you're not activity to be bigger off financially by altruistic a car than you would be by affairs it, admitting what some of those car-donation commercials imply. Any accessible tax donation wouldn't according what you could get by affairs the car yourself.
To get any tax benefit, you charge be able to catalog your deductions. That agency your deductible expenses--mortgage interest, acreage taxes, job-related expenses, absolute accommodating donations--must according added than the accepted deduction, which for 2000 is $7,600 for affiliated couples filing accordingly and $4,550 for singles. If you don't accept abundant costs to itemize, you won't be able to use your car donation to abate your taxes.
Finally, you can't address off added than what the car would advertise for--again, admitting what some commercials say.
Image Source: blogspot.com
If you do adjudge to donate, argue your tax adviser for added details.
*
Liz Pulliam Weston is a claimed accounts biographer for The Times and a alum of the claimed banking planning affidavit affairs at UC Irvine. Questions can be beatific to her at liz.pulliam@latimes.com or mailed to her in affliction of Money Talk, Business Section, Los Angeles Times, 202 W. 1st St., Los Angeles, CA 90012. She abjure that she cannot acknowledge alone to queries. For antecedent Money Talk questions and answers, appointment The Times' Web armpit at http://www.latimes.com/moneytalk.
Image Source: actiondonation.org
Donate A Car Los Angeles
Image Source: redcross.org
Image Source: chla.org
Image Source: pinimg.com
Image Source: howtodonateacarincalifornia.com
{ 0 komentar... read them below or add one }
Posting Komentar