Car Donations #car #donation #rules china.remmont.com... # Hello, I’m Laurice Ghougasian I’m Philip Smith. We I work for the IRS Exempt Organizations Office Accepting car and truck donations has become a common way for charities to raise funds. Many charities accept donations of used cars and trucks as part of their fundraising activities. Over the years, the rules for how much a donor can deduct and the reporting and recordkeeping requirements have changed for both the charity and the donor. It’s important that charities know these rules for themselves and for their donors to protect their tax exempt status, and avoid penalties or lost charitable deductions. ...
Source by daryabutina
No comments:
Post a Comment