Thursday, May 25, 2017

Donating Boats Wisconsin for Tax Deductions

Donating Boats Wisconsin for Tax Deductions
If you're part of a dealership or are looking to get rid of extra inventory, you should consider donating boats Wisconsin.  Not only is it a great way to show the community you operate in that you care, it's a great way give older inventory that simply won't sell to a good cause.  For the majority of individual donations or company donations, you can seek a tax deduction on your federal taxes.  Depending on the organization, the IRS will offer you a percentage of the worth of your donation.  For example, if the boat you submitted to donation had a market value of $2,000 you could expect anywhere from a $200- $900 deduction off your taxes.  Just remember to save the receipt for your account. In many cases, this can help alleviate some of the tax burdens your organization may suffer from operation costs. You may find the same holds true for your organization's tax needs.

How to Find Charity for Donating Boats Wisconsin

Decided that donation is a good option for your company?  The first step to arranging this is obvious: Finding a reputable charity that does good work in the community you call home. For the vast majority of businesses in Wisconsin, that charity is Rawhide.

Rawhide is a faith-based organization that focuses on the redirection of at-risk youths and their families.  When a child falls into crisis, whether that be for personal or environmental reasons, Rawhide's counselors and volunteers work with these children and their families to create positive coping mechanisms and leave bad habits behind. Rawhide uses car and boat donations to incur extra capital for their mission.  The money they raise from these donations goes directly into funding their many summer camps, education programs, and counseling services.

For over 40 years, Rawhide has served thousands of families through the charitable donations of donors like you.  With that time comes experience, so if your company is new to donation and needs walked through the process you can rely on Rawhide to see you through. More importantly, you can work with one of Wisconsin's most active charities.

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