The car donation process sounds so simple: Donate your used vehicle to charity and receive a tax deduction while you help those in need. It’s a win-win situation, right? Not necessarily. Without a little planning and preparation, it can be easy for well-meaning donors like you to end up stumbling and fumbling with deductions come tax time. [Read more...]
Considering how vast the planet is, one might think that making a difference or changing the world for the better are feats best left to extraordinary individuals—but such is not always the case. As Aesop, the popular Greek storyteller, once stated: “No act of kindness, no matter how small, is ever wasted.” Therefore, whether you’re planning to volunteer at local charities or donate your car in New York with the help of car donation processing companies like Miles Ahead Donations, know that you’re about to contribute and support a noble cause. [Read more...]
A report recently released by the charity watchdog Blakbaud indicated a significant increase in the number of donations last summer, fueled by conventional monetary contributions as well as by people willing to donate a car in NY to organizations such as Miles Ahead Donations, among others. Isaac O’Bannon of CPA Practice Advisor provided further details on the subject: [Read more...]
People have been engaged in acts of philanthropy throughout the ages. These selfless acts of giving, often through monetary means, have been revered for so long that in the minds of many, giving has probably become limited only to finances. However, not all those who would genuinely love to give to charity have much spare cash lying around.
LifeHacker.com reader “Two Shekels” shared the same dilemma. Fortunately, writer Eric Ravenscraft offered some timely advice. In a reply to the query, Ravenscraft said: [Read more...]