Saving Money While Filing Taxes

Car donations are a great way to receive tax receipts to save money while filing taxes.
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NEW YORK - Aug. 20, 2019 - PRLog -- With a car donation to charity, you typically just turn it over to the company that's processing your gift. For instance, when Cars2Charities gets an online donation or a call, we arrange a time for pickup and tow it to one of our technicians, who assesses it for possible alterations.

Not only is the value of your vehicle transformed into support for the charity of your choice, our process tends to raise the selling price of your car by about 25-50%. And because your tax write-off is based on the selling price of your car, it makes your tax break stronger.

You don't have to be rich to score on your taxes. The truth is, when you look at the particulars regarding how to save money on your taxes, it's actually very simple – don't neglect the potential to pay less to the IRS by not participating in charitable giving and accessing your charity tax deduction.

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Downturns in the economy can kill a nonprofit's ability to survive. If you think about it – not only do consumers haveless money to give to charity, the demands on their services typically rise. Meeting the needs out there with dwindling budget numbers plagues many charities, possibly one of your favorites.

Though America has been recovering from the recent Recession, there are still unmet needs out there.

If you want to give a car to charity or simply fund a 501(c)(3) directly, there are many to choose from – more than 1.5 million in the United States, to be exact. You can consult a tax deduction list of charities ( if you need ideas, but chances are you're already involved with some nonprofit entity. Your child could be involved in Scouting or you could be a member of PTA. Or you may choose to give to your non-profit gardening club or performing arts group.

If you need more detailed information, it's available here (

The prospects are really wide open, as your bottom line benefits whether you're donating to veterans (, rescuing animals or you're throwing it in the offering plate on Sunday mornings. When it comes to how to save money on taxes, giving to charity is a winning way to achieve it. All it takes is a little creativity and attention to resources available to you.

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