Make sure you receive the Tax benefits when you donate a vehicle

To donate a vehicle to charity has many benefits. Most importantly, the money from reselling your vehicle helps people in need. You need to choose a reputable charity for the purpose. Just pick up your cause and look for agencies fighting for it. You can find charities dedicated to fighting cancer, diabetes, and kidney diseases among other activities. Always verify that it is a reputed service to the society. You can use the Better Business Bureau for verifying the authenticity of the service.

While selecting a suitable cars for charity service, make sure that your donations get you tax benefits. Always insist on seeing the paperwork that clearly mentions your tax rewards. You may also need to discuss the issue with an efficient tax counselor. You may employ an intermediary for facilitating the donation. However, make sure a significant portion of the money raised through your car/boat actually reaches the charity. Ask questions to the intermediary about the percentage of amount they would keep for themselves. Also, you need to ensure that the middleman works with a registered charitable organization. You need to never lose focus of your key purpose, which is about the supporting the cause close to your heart. 

Donate a vehicle only after careful scrutiny. While filling up the paperwork, make sure you are formally re-titling the vehicle to the charity. Follow this up with reporting the transfer to the motor vehicle licensing department of your state. These are mandatory steps, otherwise you may have to oblige to paying parking tickets and fines even after donation.  

Always do your research on the non-profit organization accepting cars for charity. The organization must be in IRS eligibility list as a 501(c  ) (3) organization. The Publication 78 in the IRS website would be able to inform you about the qualifying nonprofit organizations.