Car Donation Philadelphia is a way to donate your car for an income tax write-off while helping a worthy charity.
In the past, donating a car, regardless of its value or condition, was a very popular way to reduce your income taxes by thousands of dollars, even if the charity was not so fortunate. Well, the government caught on to this and put a limit to the tax deduction you could take for a car donation. Instead of allowing the donor to deduct the fair market value of the vehicle, as before, the deduction is now calculated by the amount of proceeds gained by the charity and documented by a receipt from the charity.
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