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Donating Your Vehicle to Charity May Not be a Tax-Wise Decision

Jun 12, 2019 | Blog, Tax Bites

A tax deduction isn’t the only reason for donating a vehicle to charity. But if you’re counting on one, make sure you understand the rules. You may wind up with a small deduction or none at all.

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DISCLAIMER: MidAtlantic IRA, LLC. does not render tax, legal, accounting, investment or other professional advice. If tax, legal, accounting, investment or other similar expert assistance is required, the services of a competent professional should be sought.

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