Tips To Help You Identify The Best Place To Donate A Car
Donating a car to charity is a great option instead of getting rid of it. It is a good option other than selling it. However, you need to keep in mind that there are certain considerations to follow. There are plenty of charities and you need to identify one that is most suitable for you situation. This article provides you with important information that will help you identify the best Wisconsin car donations.
It is vital for you to be aware of the IRS guidelines that govern charitable donations or . It is best for you to consider checking them on the IRS website for you to know the amount of limitations given when it comes to contributions deductions made. You will get a lot of information for you to know the fair market value of your vehicle. If you tax matters are complex, seek the services of a financial advisor to get professional advice. Consider identifying a legit charity. Confirm that they have a transparent history. Give consideration to those who have the information on IRS or national charity database to be sure that they are legit.
It is best for you to note that car donations charities are not created equal. It is for this reason that you have to look at their records of spending for you to be certain that they will use your donation well. It will be easy for you to make the right choice by looking at sites that show the reputation of different charities. Consider getting recommendations from people who have donate car for money in the past. Let them share their experiences and make your decision based on their opinions. Pick a charity which has been in existence for long. You will be comfortable given that they have handles such dealings in the past. Check client testimonials and reviews for you to know more about their reputation.
In addition, the charity you select needs to accept the donations directly without the use of any third party.
Consider driving the vehicle to the charity organisation instead of hiring towing services to ensure the retain all the amount they receive from the proceeds. Request them to share with you references who you can call. They will share with you their reputation and if there is transparent processes. References will help you make an informed decision because you will get details that you would otherwise not find on their website.
Also, after donating the vehicle, the title needs to be transferred accurately. Failure to do so means that she will be responsible in case of any accidents or crime that the next owner may do. A legitimate charity will ensure you fill this information on the paperwork. Ensure you scan copies of the paperwork and keep them safe tax audit purposes.