Posts Tagged ‘car donation and taxes’

Fraudulent Durable Goods and Charity Vehicle Donations-Investigations

When considering using an auto donation in your tax deductions you may want to consider the history of fraud in the vehicle donation industry and recognize how tightly it is scrutinized. Donating your car and taking the write-off on a tax deduction is not as easy as it was in the past which was fraught with deceit. Read more in the vehicle charity donation article.

Car Donation Deductions Can Increase Your Tax Bill

Not all car donation deductions are created equal – there are even cases where donating an auto in good faith can actually increase your tax owed under certain circumstances. Like anything else involving the IRS, the burden of proof is upon you, so the more information and documentation you have to back up your car [...]