Car donations are becoming an increasingly vital component of automotive education programs across the nation. Through the generous contributions of vehicles by automakers and dealerships, educational institutions are equipped to offer hands-on training with the latest technology in the automotive industry.
The $7,500 EV Tax Credit Isn’t As Easy As You Might Think
Electric vehicle enthusiasts are excited about the recent climate and health care bill President Biden recently signed into law. At first glance, it looks like an amazing incentive for drivers shopping for an EV. Brand new EVs could earn a $7,500 tax credit, while a used EV would be eligible for a $4,000 tax credit. …
Is A Car Donation Tax Deductible?
You’ve got an unused vehicle in your driveway. While you’ve explored plenty of options to free up space, the idea of making a difference in the community via a car donation feels like the best way to go. Of course, earning a tax deduction and avoiding the hassle of trying to sell that car are …