Posts Tagged ‘car donation and business taxes’

Regulations On Car Donations: Businesses Reducing Fleet Overhead

Business who have an excess of cars that were in their fleet of vehicles can donate them to charities and receive the same kinds of tax breaks that individuals receive, or even better. Businesses who donate cars to charity should refer to their accountant for the most up to date rules, but a tax deduction is probable. This is an area of tax savings not normally thought about by many companies. Read more in this article.