Looking for a 2005 Car Donation Tax Deduction?

Remember that there are only two months remaining in the 2005 tax year and if you have a vehicle that you haven't been able to sell, or that needs repair and you haven't gotten fixed yet, then now is the time to think about donating your car to charity. All car donations that are pledged by midnight, December 31st will count as a 2005 tax deduction. How much will you be able to declare for your tax write off? Well that depends on whether your donated vehicle is sold by the charity, or if it is used for the charitable purpose of the organization. If the car donation is sold at auction or sold for parts, then you can claim as a deduction the sale value of the vehicle. If the vehicle is used for the charity's nonprofit purpose, then you can claim the fair market value of your car donation. So think about donating your car today! -- and give us a call so we can arrange pickup of your vehicle.