Thursday, October 19, 2017

Features Of A Good Donate Car Milwaukee Program

It is likely that you have heard of the fact that you can donate a car to a charitable organization in Milwaukee, Wisconsin, and then you can deduct the value of the car from your taxable income. Furthermore, finding a donate car Milwaukee charity is now incredibly easy, with more and more organizations jumping on the bandwagon. But with all of the possible choices, how do you find one that is a truly good option?

What to Look for in a Good Donate Car Milwaukee Program

There are a couple of things you should look for in particular if you want to donate a car to charity:

1. The charity should be 501(c)3 registered. Without that, you will not be allowed to claim a tax deduction. A 501(c)3 registered organization cannot have any political affiliations, nor can it lobby the government, or financially support election campaigns.

2. The charity should be highly efficient. Organizations, such as Charity Watch, allow you to look up how much of every dollar donated to a charity will actually go directly to their service users and not to associated costs, such as advertisement, marketing, management, or administration. An efficiency rating of at least 85% is the recommended minimum level.

3. The organization that will deal with your donation should really be a charity, and not a middleman representing a charitable organization. These middlemen are the ones putting the huge billboards and other advertisements up to encourage you to donate. The problem with middlemen is that they will keep a major portion of the proceeds.

Spotlight on a Particular Charity

One charity that you may want to consider is Rawhide, with website at http://www.rawhide.org. Charity Navigator, for instance, gives this charity a 5 star rating and an overall 90.11% score. This puts it in the top tier of charities, with both accountability and transparency, and its financial is in the top levels. In the fiscal year ending December 2015, the charity raised $7,998,153. This was completely raised from independent donors. And the work that it does impacts almost every level of society, as it works with at risk young people and their families, helping to improve their lives.

Monday, October 16, 2017

The Benefits Of Making A Boat Donation Wisconsin Donors Can Enjoy

If you have an old boat lying or floating around somewhere that you no longer want to use, you may be at a lost as to what to do with it, especially after you have realized that it is costing you a substantial amount of money each month. One option is to donate it to a charity like Rawhide, who will work hard to use the boat to improve their offerings. You may be surprised to find out just how many benefits, some direct and some indirect, that boat donation Wisconsin donors can experience.


External Benefits of Making a Boat Donation Wisconsin Residents Can Enjoy

Perhaps the greatest benefit of making a boat donation is that you get to help a charity so that they can therefore continue to deliver their important services. You benefit from that indirectly, because the work that they do has a positive impact on the community as a whole. The effect is that society improves of which you are part of. Meanwhile, you also protect the environment as your boat will no longer sit idle, contributing to pollution. Furthermore, donors will directly benefit as well. This is because when you make a boat donation, you:

1. Get to enjoy the fact that you did something good for the less fortunate. This will give you a happy glow, leaving you feeling better about yourself.
2. Will no longer have to pay for storage, maintenance, insurance, service, repairs, and all other costs associate with owning a boat.
3. Won't have to go through a lengthy sales process with people who are just time wasters, or who hope to get a really good deal (for them) out of the boat by haggling on the price for hours.
4. Get to claim a tax deduction based on the value of your boat.

The Boat Donation Tax Deduction

The tax deduction is what really interests many people. Essentially, when you donate a boat, you will get a tax receipt that shows the value of your donation. This is the amount that you can deduct from your income taxes as well. Naturally, there are some caveats attached to this, as nothing in the world of taxes is straightforward, but you will be able to make the deduction so long as your chosen charity is 501(c)3 registered.

Friday, October 13, 2017

How Does A Boat Donation Tax Deduction Work?

Not many people have a boat lying around somewhere that they don't use anymore, but some do. If you happen to be one of those people, you may want to consider donating it to charity. One of the reasons for that is because you can get a boat donation tax deduction, which is an incentive the government has put in place to encourage more people to donate vehicles to charitable organizations. So how does this work? Let's take a look.

Choosing a Charity to Donate To

Before you can consider making a donation, you have to pick a charity to work with. There are many charities, including the one featured at rawhide.org, that accept this type of donation. This can make it somewhat overwhelming to choose the one that is right for you. Only you can make that ultimate decision, however, since it will depend on the cause that you feel most passionately about. Nevertheless, there are three key pointers that you do have to follow:
  1.  The charity must be 501(c)3 registered, or you will not be allowed to claim the tax deduction.
  2. The charity should be efficient. Look for a rating of at least 85% if possible. This means that at least 85 cents for every dollar they raise will go directly to their service users and not for administrative, management, or marketing costs.
  3.  Make sure that you are working directly with a charity, and not with a middleman.

The Boat Donation Tax Deduction Process

Once you have chosen your charity, you will find that the process is incredibly simple. Rawhide, for instance, enables you to contact them through their website to make arrangements for your boat to be picked up at a time and date that is convenient for you. Once those arrangements have been made, the boat will be sold at auction (some charities do other things with them to raise its value), and you will be provided with a tax receipt for your donation. All you have to do is deduct the value on that tax receipt from your total taxable income for the year.

Thursday, September 28, 2017

Vehicle Donations Green Bay Charities - Something To Support This Christmas

Christmas is just around the corner, so you may be thinking of supporting a charitable organization during this period of giving. If so, you may want to consider giving to vehicle donations Green Bay charities. Doing so makes a huge difference in the lives of other people and the community as a whole, and that is something the world will be grateful for. Take a charity like Rawhide, with website at www.rawhide.org, for instance. They work with at risk young people and with your donation, the charitable organization would be able to make real difference in the lives of people in Green Bay and beyond.

How You Can Help Through Vehicle Donations Green Bay Charities

Rawhide is a perfect example of a charity that could do with your support this Christmas. They were actually one of the first charities in the country that decided to accept vehicle donations. The charity offers residential care for at risk boys, with a focus on Christian doctrines. They teach them important academic skills, including math and English, and they also offer important life skills, such as money management, team work, communication, and more. While their Rawhide Ranch is for boys only, the charity does also work on an outpatient basis with young girls and their families. Your vehicle donation could support this type of work. Interestingly, many of the young people that have gone through Rawhide often decide to become mentors to other service users as they grow up.

How to Choose the Charity to Donate To

Rawhide is just one charity and there are many others to choose from. However, Rawhide is one of the pioneers when it comes to vehicle donations. Secondly, it is because they continue to be one of the best practice role models for other charities. They are 501(c)3 registered, which means you can deduct your donation from your income taxes. They also send you all the relevant paperwork to do this. Furthermore, their efficiency rating is above 90%, which means 90 cents out of every dollar you donate goes directly to the service users. Those are the things you should look for in a good charity.


Wednesday, September 27, 2017

When Giving To Car Donation Charities Madison, Donors Must Know These Things

When giving to car donations charities Madison residents may be a bit confused as to what they can claim as tax deduction and which forms they need for that process. As with all things about taxes, there are significant complexities, rules, exceptions to those rules, and more that you have to contend with. Essentially, vehicle donations are categorized according to their value. If the value is below $500, you have to abide by some specific rules. The key element is that the charity you have worked with must send you an official tax receipt that states exactly what the value of the vehicle was at sale.

When Giving to Car Donation Charities Madison Residents Need to Consider the Value

You will be pleased to know that deducting a donation that is worth less than $500 is the easiest of all. All you need is a written confirmation from your charity, for instance the charitable organization featured at http://www.rawhide.org, that you have made the donation. This confirmation will include some details about the car, such as its make, model, and year of manufacture. The confirmation does not have to include the value of the vehicle, however. What it does have to show is the fact that:

- You did not receive any services or goods yourself in return for making your donation.
- The estimated value is for the services and goods that were provided in return for the donation, if any.
- A statement is issued to reflect that any services or goods you received in return for your donation were of a religious nature, which means they are intangible.

When to File Your Claim for a Tax Deduction

If you want to make a tax deduction, you can only do so after you have received the receipt and your written acknowledgement. If you have not received those in time for the deadline, you must request an extension. In some cases, for instance, if you surpass the extension, you may be able to claim the deduction the following tax year, but you must check this first.
The paperwork you receive from the charity after making your car donation is for your own records. You do not have to file it with the IRS, in other words. However, they may ask you to verify it, which is why you must keep the receipt.

Tuesday, September 26, 2017

Key Details On How To Donate A Vehicle Green Bay That Residents Need To Know

If you want to donate a vehicle Green Bay charities and their service users will be incredibly grateful for your kindness. This is particularly true if you donate to a charity like Rawhide, with website at www.rawhide.org. This charitable organization works with at-risk young people, nurturing and helping them to become productive and contributing adults. Because 501(c)3 registered charities do not receive any governmental support, but the government does recognize the importance of their services, any donations you make to them entitles you to a tax deduction. This deduction is usually the value of the vehicle that you donate. However, this may leave you with some important questions that will hopefully be addressed below.

What Is the Cutoff Date for Your Donate a Vehicle Green Bay Tax Deduction in 2017?

The cutoff date for any charitable donation you make that you want to deduct from your taxes is December 31 of the given year. However, that doesn't mean that your vehicle should have been picked up and sold on or before that date. Rather, you have to be able to demonstrate that you have made arrangements for the donation. Also, if you have already reached the limit of charitable deductions, you may want to carry it over to next year.


Is Acceptance Guaranteed When I Contact Them About My Donation?

In the vast majority of cases, charities will accept any vehicle, regardless of its condition. However, there are situations in which the donation will be declined. For instance, if the vehicle is stolen or there are still existing liens on it, you won't be able to make a donation. There are some mechanical reasons as to why the vehicle may not be accepted as well. Make sure, therefore, that you are fully honest about the car before you donated it.

Can Any Type of Vehicle Be Donated?

This depends on the charity that you choose to work with. Nevertheless, majority of the charities will accept anything, from boats to planes. The caveat may be your location. If you are too far away from the charity, or if you live very remotely, they may not be able to pick it up. In that case, you might be able to drop it off yourself.

Friday, September 22, 2017

Finding A Donate Car To Charity Milwaukee Program That Suits You

There are some reasons why some individuals might choose to donate their car to charity in Milwaukee, Wisconsin, rather than deal with the stress and headache of selling an old vehicle to a new buyer. Often, we simply want to get an old and unwanted car out of our driveway as quickly as possible. Unfortunately, finding a buyer can require a significant amount of time and effort, which means that your vehicle sits around and gathers dust for weeks at a time. This is not an ideal situation, and it's why many people think about donating their car to charity as a way of getting rid of it with little hassle.
The good news is that you can avoid the complications of a car sale, with a donate car to charity Milwaukee program instead. All you need to do is go online, do a little bit of research, and find a charitable organization that suits you by scrolling through the large list of area charities... each of them willing to accept a vehicle donation. 

Choosing Your Donate Car to Charity Milwaukee Program

There are plenty of great organizations out there that will happily take a car or vehicle donation instead of a cash gift when it comes to making sure that they can move towards their goals as a charitable group. Many charities around Milwaukee will be more than happy to handle much of the process of donating your car for you, so you don't have to panic about filling out countless forms, and posting paperwork. In fact, many of the transactions can be completed completely online, aside from the actual handing over of the car keys and title. 
By visiting websites like http://www.rawhide.org you should be able to find out more about how the charity works, and what they can do to help simplify the process of car donation on your behalf. While you're there, make sure you check up on the work the group has been doing, so you know what your donation is going towards.

Managing Your Car Donation

A car donation can be a wonderful way to get rid of an old and unwanted car, while giving something back to your community. With car donation programs, you no longer have to worry about things like taking pictures of your vehicle and posting them online so that you can advertise your vehicle to sellers. Plus, you won't have to miss out financially either, as with a valid receipt, you can claim a tax reduction for your donation too.