December 20, 2014
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.
December 18, 2014
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.
December 16, 2014
The increase, which extended up to the latter days of July this year, came off the heels of massive increases a year before. According to an infographic by Blackbaud, 2013 saw an almost 5 percent increase (4.9 percent) in overall charitable contributions, alongside a huge 13.5 percent increase in online donations alone. Of all the organizations involved, international affairs organizations were the most active in terms of overall giving with a 13.2 percent increase. The previous year alone has seen a huge boom in terms of overall charitable contributions from both organizations and individuals alike, with the latter being the single largest contributors. Overall, donors donated some $335 billion. In other words, people are becoming more and more generous, and giving itself has become the “in” thing to do.
December 15, 2014
Donating a car is a welcome and gratifying choice for those who want to dispose of their car, but find it difficult to find a buyer and would rather not junk it. The prospect of a tax deduction is an additional lure. However, you can’t just dump your car in front of any charity’s office. There is a procedure to follow to get the full benefits of a car donation. Do your homework and be vigilant, but allow yourself a good deed. You don’t want to have to hand your car over to just anyone and you want to be sure that the proceeds from the sale of your car is going to the charity of your choice. Here’s a checklist to follow to ensure your donation is going to the right place:
December 14, 2014
Volunteer – For people with not much money to spare, giving time and effort in support of a worthy cause is enough of a donation. Food pantries, soup kitchens, animal shelters, and nursing homes could always use an extra pair of hands, as well as a genuine, indomitable spirit (more so if such operations are done in times of calamity). Plus, it’s practically the “in” thing to do nowadays with people from all walks of life participating in volunteer work left and right. Donate your old car – If you’ve been trying to get rid of your old car but lacked the time to sell it properly, consider donating it to a local New York car donation organization like Miles Ahead Donations. A donated car can yield significant opportunities for the chosen non profit the proceeds are donated to.
December 13, 2014
Want to gain substantial tax deductions at the end of the year? Donate that old car you no longer use. Even the IRS has taken steps to make the car donation process simpler to speedily benefit those in need. One of these steps is the easier way owners can now calculate the fair market value of their car.