Using a Vehicle Donation Program Versus Selling Your Own Car and Donating the Proceeds

Perhaps the best and most common reason for choosing to use a vehicle donation program is the ease of it.  You just sign a form online, on the phone or by mail and someone arrives at your house ready to haul your car, truck, motorcycle, RV or trailer away.  This is generally true, no matter [...]

Tax exemption for donations to someone for promoting business?

Kimberly asked: I have someone that racing a car at a track. I would like to figure out how much my boss could write off for sponsering him. So say he gave the guy 5000 could he write that amount off on his taxes for donations?

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