Keep as many records as you can to support your tax deductible vehicle donation. Once you have determined the vehicle's fair market value, make sure you can back it up. Take a photo of your car so you can show the IRS its condition at the time of donation. To be thorough, include exterior shots, interior shots, and a photograph of the odometer reading. For even more validation of the donation, use your camera's time and date stamp feature.


For more Car Donation tips, visit http://CarDonation.lifetips.com

The IRS has issued new guidance for donors wishing to donate their car to charity. It is Publication 4303, "A Donor's Guide to Car Donation". It can be found on the IRS website at http://www.irs.gov/pub/irs-pdf/p4303.pdf. A good car donation charity will provide a direct link from their site to this IRS publication.


For more Car Donation tips, visit http://CarDonation.lifetips.com

For information about determining the "fair market value" of a vehicle you can read "Publication 526 Charitable Contributions" at http://www.irs.gov/pub/irs-pdf/p526.pdf. You should read the entire publication. Be sure to read the section entitled "Contribution of Property" and a section called "Determining Fair Market Value." Another section called "Cars, boats, and aircraft" will help you in situations of donating these types of properties. Another helpful IRS document is Publication 561, entitled, "Publication 561 Determining the Value of Donated Property," located at: http://www.irs.gov/pub/irs-pdf/p561.pdf.


For more Car Donation tips, visit http://CarDonation.lifetips.com

This is my review of www.RPMSource.com, “The Passion of Movement”.

First off the site layout is very clean and uncluttered. Unlike most car enthusiast sites these days this one doesn’t hurt my eyes. However the background is a bit tach-y (har har). The site has 4 main categories including Automobile, Motorycycle, ATV, and Marine. The first two of those are further broken down into several subcategories and feature a listing of manufacturers , forums, magazines, and articles. The articles are informative and the forums section led me to several places I didn’t even realize existed.

It will be interesting to see how this site looks as it continues to grow.. so I recommend you check it out.