Category Archives: CAR DONATION TAX LAWS

CAR DONATION TAX LAWS

CAR DONATION TAX LAWSWHAT YOU NEED TO KNOW ABOUT THE CURRENT TAX LAWS GOVERNING VEHICLE DONATIONS. On October 22, 2004 President Bush signed the JOBS bill (HR 4520) into law. Section 731 of this law placed new restrictions on car donations to charity. If you are planning to donate a car, it is important to note these changes… Read More »