Dealers and individuals can both reduce their taxes with a car donation. Individuals can donate a car they don’t need anymore, dealers can donate one from their inventory, and both will help charities. But, if you’re looking for a tax reduction in return, there are some things you should know. Almost anyone is eligible for a car donation tax deduction, but you need to know the rules, and how much you can reduce your taxes depends on a few things.
Local non-profit organizations play a critical role in helping build a healthier and stronger Minneapolis community. Not only do these organizations contribute to the economic, social, and educational needs of the area, but they act as the voices of the people they serve.
The Time to Donate
Wondering what you might do with that old cruiser you’re finally ready to let go? Well, let us tell why donating your car might be the best route for you.