Car donation programs have experienced equal number of successes and flaws in the recent time. Existence of genuine car donation centers and fraudsters has put a question mark on the justness of these service providers. Continuous alerts from IRS and sufferings from car donation ripoffs have issued an alert for the car donors thinking to employ these intermediaries. Not every car donation centre is related with frauds and one can gather helpful information to decide on a real car donation center.
Here is a complete discussion on this.What Types of frauds?Here are some methods that can indicate the car donation companies to be scammers:
* To begin with, the companies marketing tax deduction advantage on car donations, equivalent to the market price of the car have less standing for their legitimacy.
* Second, the companies that provide a diminished fraction of their earning from the car’s sale to the charity ought to be regarded as scammers. Among the primary goals of car donations is to provide help to the people in need. However, numerous car donation centers think about it from business viewpoint and your motive to help a charitable organization takes backseat.
* A third type of scam indication is when the name of the charity is not mentioned in the title of the vehicle donated by you. For IRS, it is a crucial evidence to find the name of the charity in the title transfer documents of the car. Only then, the donor is considered for tax deduction benefit.
* Some of these car donation centers show the names of charities that do not exist in real. To entice the attention of the donor, these car donation service providers use the names similar to those of the popular charities.
Avoiding Car Donation frauds
Car donation rip-off are easy to steer clear of by spending some time towards the noble cause, so that you and the recipient are benefited from the donation.
Here are few guidelines to help you in this regard:
* Learn about the car donation organization from reliable resources. The company must be government approved and must possess a legal license for providing these services. State Attorney General and the Secretary of State are two significant sources to get details about these companies.
* Make certain that you are dealing with a car donation center that has no objection in supplying you the written data of the donation process.
* View the financial statements of the car donation center that may be easily acquired from its authorities. These records are easily available for public viewing and the company can’t refuse displaying them
.* Get to know about the charities these donation centers work with and visit or contact the representatives of charitable agencies. These organizations must be legal and qualified to accept car donations.
By being an educated car donor, you can make your donation get to the worthy hands as well as, benefit from the rewards by staying away from car donation rip-off.
[youtube:0Yu3YQzN6A4;[link:Car Donation];http://www.youtube.com/watch?v=0Yu3YQzN6A4&feature=related]
If you want more information on Donate A Car, don’t read just rehashed articles online to avoid getting ripped off. Go here: Donate a car
