donate car for tax credit

Sat, 30 Aug 2014 04:04:08 GMT

National Post

Today's letters: Should charitable donations be tax deductible?
National Post
I agree with Andrew Coyne that we should eliminate tax credits for charities and have those individuals and corporations who choose to support a cause donate their own dollars, not those of taxpayers as a whole. But, continuing to permit tax credits for donations to ... Last year, I sold my car and came to depend on the courteous and prompt service of a standard taxi company, which is much more economical than driving my own car and more pleasant, as I do not have to park. If I were to want a “limousine” service, ...

and more »
Wed, 26 Mar 2014 14:47:32 GMT

6 tax credits you can claim on your tax return
Yahoo News Canada (blog)
In my previous article in October, “The ins and outs of charitable giving”, I wrote about the First-Time Donor's Super Credit. If you've been making donations for many years now you will not be eligible for this tax credit. However, you can still derive a significant ...

Wed, 26 Mar 2014 08:08:47 GMT

(866) GWCARS-0 is Where to Donate a Car In Washington, DC
PR Web (press release)
Goodwill Car Donations takes care of the rest, including making arrangements with a tow company for any vehicle to be transported to Goodwill Car Donations and delivering all of the paperwork that is needed in order to claim a tax benefit. Goodwill Car ...

and more »
Fri, 03 Jan 2014 04:32:04 GMT

Free District

New incentives offered for car donation or referring one
Free District
While car donation has become a well-known way of giving to charity, new incentives are now being offered that go beyond a tax credit for the donation which include VISA gift cards, vacation vouchers, and now a gift card for referring a car donation. (Image: ...

Thu, 12 Dec 2013 14:05:08 GMT

How to Donate Your Car the Right Way Before 2014
Here's how the company explains it: "If you want to claim your vehicle as a tax deduction, you must itemize your return, even if the car is the only deduction. But if the sum of your itemized deductions (including the car) does not exceed your standard deduction, ...

and more »