Get rid of your old car, help out a charity and get a write-off. What could be easier?
With the April 15 IRS deadline drawing near, charities are tapping taxpayer frustration by increasing their appeals for vehicle donations. But a proposed government crackdown on the value donors can claim for a donated vehicle is changing the way programs are being advertised.
You've read the newspaper ads or heard the pitches on the radio: Donate your old car to our worthy charity, which aids orphans/immigrants/homeless/the halt and the lame, and enjoy a generous tax write-off.