Donating Your Vehicle to Charity May Not Be a Taxwise Decision

Donating-your-vehicle-to-charity

You’ve most likely seen or heard ads urging you to donate your car to charity. One organization states you can “Make a difference and receive tax savings.” But donating your vehicle may not result in a big tax deduction. It may not result in any deduction at all. Trade in, sell or donate? Say you’re […]