Business Tax Recovery Logo


Information on Car Donations to the Blind Broomfield CO

To donate cars to the blind, you simply select a relevant charity and make the donation. Under new tax rules, the charity will provide you a receipt when they pick up the car. The charity will then sell the car at an auction, essentially turning your old hunk of junk into money that can help the blind. Read on for details.

Brett Smith
1285 Cimarron Drive
Lafayette, CO
Company
Title: Owner
Company: Brett R. Smith CPA Wealth Management, LLC
Type
Registered Investor: Yes
Education
Kansas State University/Bachelor of Science in Business Administration, Accounting Major & Colorado State University, Bachelor of Science - Economics Major
Colorado University - Master of Business Administration (MBA)
Denver University - Master of Taxation (MT)
Years Experience
Years Experience: 20+
Service
Wealth Management,Real Estate Investment Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,IRA, 401k, Roth IRA, QDRO Rollovers,Investment & Portfolio Management,Business Succession & Liquidation Planning,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,401k Rollover From Employer,Retirement Planning,Investment Consulting & Allocation Design,Retirement Income Distribution Planning,Educat

Data Provided by:
Andy Lyford
2525 16th Street
Denver, CO
Company
Title: Registered Principal
Company: Charlton Investment Services
Type
Investment Advisor Rep: Yes
Education
Trinity College, BA
Years Experience
Years Experience: 18
Service
IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Life Insurance,Investment & Portfolio Management,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Alternative Investments,Retirement Planning,Long-Term Health Care Planning,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planni

Data Provided by:
Mr. S. David Estes (RFC®), EA
(303) 759-8248
1325 S. Colorado Blvd., #026
Denver, CO
Company
Financial Decisions
Qualifications
Years of Experience: 13
Membership
IARFC
Services
Invoice, Business Planning, Portfolio Management, Pension Planning, personal Coach, Retirement Planning, Tax Planning, Tax Returns, Employee Benefits, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Insurance, Business Coach, Healthcare Accounts, Compensation Plans

Data Provided by:
Sbtm Incorporated
(303) 786-7116
2655 W Midway Blvd Ste 340
Broomfield, CO

Data Provided by:
Liberty Tax Service
(866) 871-1040
1418 W 104th Ave
Northglenn, CO

Data Provided by:
Dot Mechtenberg
8100 Ralston Road
Arvada, CO
Company
Company: Dot Mechtenberg, Inc.
Type
Investment Advisor Rep: Yes
Years Experience
Years Experience: 40
Service
Portfolio Engineering,401k Rollover From Employer,CD Alternative,Disability Insurance,Retirement Planning,Real Estate Investment Planning,Commission-Only Financial Planning (Full Disclosure),Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,Hourly Financial Planning Engagements,Captive Insurance,Pension for Highly Compensated Owners,Income for Life/ Preserve Principal,Alternative Investments,Annuities,Alternative Asset Class P

Data Provided by:
Perry Neva
1427 Glencoe St.
Denver, CO
Service
Estate Tax Planning,Asset Protection Strategies & Planning,Individual Income Tax Planning,Portfolio Engineering,High Yield Bank Accounts,401k Rollover From Employer,Income for Life/ Preserve Principal,Wealth Management,Medicaid,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,Capt

Data Provided by:
Liberty Tax Service
(866) 871-1040
6765 W 120TH Ave Ste F
Broomfield, CO

Data Provided by:
H&R Block Inside Sears
(303) 412-2361
5501 W 88TH AVE
WESTMINSTER, CO

Data Provided by:
Northglenn Tax Svc
(303) 457-9263
10701 Melody Dr Ste 318
Northglenn, CO

Data Provided by:
Data Provided by:

Information on Car Donations to the Blind

Donate Cars to the Blind

For those that have sight, it is hard to imagine being blind. If you're considering a charitable act, here's information on how to donate cars to the blind.

Charitable entities rely entirely on the compassion of others. Americans are famous for their generosity as highlighted in the donations given to the victims of Hurricane Katrina and the Tsunami in Asia. While such largeness is commendable, many entities need donations throughout the year. Charities focused on helping the blind are one such group.

The much maligned tax code gives Americans a break if they donate cars to charities. The process is fairly simple. To donate cars to the blind, you simply select a relevant charity and make the donation. Under new tax rules, the charity will provide you a receipt when they pick up the car. The charity will then sell the car at an auction, essentially turning your old hunk of junk into money that can help the blind.

When the charity sells the car, the actual price paid by the buyer is the amount you can deduct. Before 2006, you could just claim the fair market value of the car, but the rules have changed. The charity will send you an acknowledgement that the car has been sold and the price paid for it. The price paid is the amount you can deduct on your tax return. Make sure you keep the correspondence from the charity so you can prove the deduction to the IRS should it ever be questioned.

Following are a list of charities helping the blind. Please note this list is for your convenience and we do not endorse any of them.

American Foundation for the Blind
Eleven Penn Plaza, Suite 300
New York, NY 10001
tel: (800)232-5463
fax: (212)502-7777

National Federation of the Blind
1800 Johnson Street
Baltimore, MD 21230
Phone: 410-659-9314
Fax: 410-685-5653

Helen Keller International
352 Park Avenue South, Suite 1200
New York, NY 10010
tel: (877)535-5374
fax: (212)532-6014

Himalayan Cataract Project
P.O. Box 55
Waterbury, V...

Click here to read the rest of this article from BusinessTaxRecovery.com