Tip of the Week
Car donation tax deductions are only accepted for donations made to tax-exempt charities. So it is incumbent on the taxpayer to verify an organization's tax-exempt status. Ask to see the charity's IRS letter recognizing it as tax-exempt. You may also call the IRS, toll free, at 1-877-829-5500, to verify an organization's tax-exempt status. IRS Publication 78 lists many organizations eligible to receive tax-deductible charitable contributions, including car donations. Access the information online at www.irs.gov/charities, then download a copy of Publication 78.
