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Guide to Sober Living - PDF Preview

Guide to Sober Living

Guide to Sober Living

by

Car donations lately have drawn the attention of the Internal Revenue Service. A tax law instituted in 2005 requires that taxpayers receive a charity’s written confirmation of their donation before they claim a tax deduction, and it limits the deduction to the gross proceeds from the sale of the vehicle by the charity. Many donors approach car donations in the wrong way.
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