It’s Tax Season, Here’s One Way to Save If You Have an Old Car!
A car donation is not only a gesture of goodwill and support for a great cause but also a smart move to potentially reduce your tax bill.
Understand Your Tax Liability: Federal Tax Credits, Tax Deductions, and More
What Is a Federal Tax Credit? In its simplest terms, a tax credit is the amount of money a taxpayer can directly subtract from the taxes they owe. Tax credits reduce the taxpayer’s liability dollar for dollar. Similarly to a tax deduction, a tax credit can reduce the amount of tax you are required to […]
Best Ways To Get Rid Of Old Cars
If you have an old car sitting around taking up space, you’ve probably considered taking action. Whether you’re just cleaning up the garage or finally deciding to take action, there are plenty of options to rid yourself of that old eyesore. Of course, not all of these methods are created equally.
How To Get a Tax Deduction With Your Car Donation
There are a few ways for you to donate a car for a tax deduction. The question is, which is the best way?