Car donation is a good alternative to the hassle of trying to fix and sell it. cars4charities turns these cars, trucks, vans, pickups and SUVs into cash and sends the entire net proceeds to the charity the donor selects from their impressive list of over 250 National and local charities. Some of the benefiting charities include; Breast Cancer Research Foundation, American Foundation for the Blind, Cancer Research and Prevention Foundation, First Candle/SIDS Alliance, Children’s Tumor Foundation, Arc of Georgia, Food Bank of NE Georgia.

In return for helping a worthwhile cause, the donor is eligible for a minimum $500 tax deduction. If the car sells for more than $500, the sale price becomes the amount the donor can deduct from their itemized federal tax return.

Read the full story here!

The people that brought you this site have been hard at work on a new site all about coin collecting. While this doesn’t really have anything to do with car donation, we still want to make some people aware of it. If you or someone you know collects coins, please check out the URL and pass it on!

By Robert Gold THE NEWS-TIMES

Read the full story here!

A new law took effect last year that cuts the amount a person can deduct from taxes from donating a car to charity.

As of last year, you can no longer estimate the value of the car. You can only deduct the amount for which the charity sells the car. That’s because the Government Accountability Office found car deduction amounts were 20 times higher than what charities received for them in 2003.

Read the rest of the story here!