Mengharukan Banget Fans Kecil Ini Ingin Dipeluk Nisa Sabyan

re you ready to donate a car in California? If so, good for you! Donating a car to charity is a wonderful decision on many levels. First of all, your donation goes to help a great cause. Plus, you get your old vehicle or junk car moved off of your property free of charge. You are also recycling an old vehicle, and you also get to claim the car donation as a tax deduction. In this post you'll find some tips on how to donate a car in California and some specific requirements you should be aware of that relate to California car donations. 1. To donate a car in California, you begin by submitting an online car donation form or calling the charity you wish donate your vehicle to. If you wish to claim the car donation as a tax deduction, be sure to check that the charity is an IRS recognized nonprofit organization. 2. The process for receiving the tax receipt for your charitable donation may vary. Some charities will email you the initial receipt while others have the tow truck provide you with the receipt at the time of pick up. This is just an initial receipt and enables you to claim a tax deduction of up to $500. You should check with the charity to find out what their procedure is for providing you with this receipt when you submit your vehicle donation. 3. In the State of California, the license plates remain with the vehicle, so these should not be removed prior to the pickup. 4. Filing a Release of Liability with the California Department of Motor Vehicles is an important step you do not want to miss when you donate a car. This document releases you from future liability which may arise for any reason after the vehicle is donated. In California the procedure for filing a Release of Liability is that you must return the pink portion of the title or DMV form REG 138 to your local Department of Motor Vehicles. Alternatively, you can file your release of liability online at http://www.dmv.ca.gov. 5. If your vehicle sells for more than $500, or if it qualifies for a fair market value tax deduction, you will receive additional tax paperwork after the sale of the vehicle takes place. The amount you will be allowed to deduct on your taxes will vary depending on several factors which could include the price the vehicle is sold for or whether the vehicle is classified as a fair market value car donation. 6. One last point we should mention is that if you plan to claim your car donation tax deduction on your 2012 taxes, you need to make sure you donate the car well before the deadline of December 31, 2012. The charity should have possession of the vehicle before midnight on December 31st, or at least have the pickup well in the works, in order for you to claim your tax deduction in 2012. Don’t wait till the last minute as there could be delays that could result in you being unable to claim the donation as a deduction for the current tax year. If you have any further questions related to your car donation tax deduction, most charities are relatively knowledgeable about the process and paperwork needed, however, you should consult a CPA or accountant for specifics regarding your particular tax situation. For additional questions related to car donations in California, you can contact your local DMV or visit the California DMV website for the latest information on state specific requirements.

CAR DONATION TAX LAWS WHAT YOU NEED TO KNOW ABOUT THE CURRENT TAX LAWS GOVERNING VEHICLE DONATIONS On October 22, 2004 President Bush signed the JOBS bill (HR 4520) into law. Section 731 of this law placed new restrictions on car donations to charity. If you are planning to donate a car, it is important to note these changes to the tax law that went into effect on January 1st, 2005 to make sure that you will receive the tax benefits that you expect from your car donation. TITLE VIII: Revenue Provisions - (Sec. 884) Title VIII revised the rules for claiming tax deductions for charitable donations of motor vehicles, boats, and airplanes valued over $500. It limits the allowable amount of such deductions to the gross proceeds received by the donee charitable organization from the sale of the donated vehicle. The new Provision requires the donee organization to provide donors with a written acknowledgment of the contribution within 30 days of the donation. Title VIII imposes a penalty upon donee organizations for providing false or fraudulent acknowledgments. News on tougher car donation tax laws To help reduce overvalued auto donations (and bring more tax dollars to federal coffers), the IRS has issued a new guide for auto donations. In addition, legislation signed into law by President Bush on Oct. 22 made substantial changes to used-car charitable deductions in effect since January 1st 2005. Beginning Jan. 1, 2005, when a taxpayer donates a vehicle for which the claimed value is $500 or more, the precise deduction he can claim will depend on how the charity plans to use the vehicle. If the auto is sold by the nonprofit, then the taxpayer will be able to deduct only the amount of gross proceeds the organization got from the sale. And the donor will have to depend on the charity to let him know the donation amount by the individual tax-filing deadline. If, however, the charity plans to use the car for what the law deems as "significant" tax-approved charitable work, the donor would be able to claim the fair market value of the donated vehicle. The new law also provides penalties for fraudulent acknowledgments provided to taxpayers. Sen. Charles Grassley (R-Iowa), primary sponsor of the measure, calls it "common-sense reforms [that] will go a long way toward ending the abuses in car donations" documented by government accountants. Charities acknowledge that there are problems with the current system, but many are skeptical about changes that put the burden of policing tax breaks on the recipient groups. The organizations also worry that the new rules will dampen these types of contributions. In a letter sent to the Treasury Secretary during consideration of the changes, representatives of two dozen charitable groups argued that, "Under such a proposal, a taxpayer's actual deduction amount would be uncertain at the time of a contribution, and potential donors would not be able to compare the relative benefits obtained by donating their vehicles, trading them in to a car dealer, or selling the vehicles themselves. ... We believe this approach would greatly discourage and reduce future vehicle donations to charities and increase the cost of administering such programs, and we would respectfully ask that the Treasury join us in opposing any such proposal."

On October 22, 2004 President Bush signed the JOBS bill (HR 4520) into law. Section 731 of this law placed new restrictions on car donations to charity. If you are planning to donate a car, it is important to note these changes to the tax law that went into effect on January 1st, 2005 to make sure that you will receive the tax benefits that you expect from your car donation. TITLE VIII: Revenue Provisions - (Sec. 884) Title VIII revised the rules for claiming tax deductions for charitable donations of motor vehicles, boats, and airplanes valued over $500. It limits the allowable amount of such deductions to the gross proceeds received by the donee charitable organization from the sale of the donated vehicle. The new Provision requires the donee organization to provide donors with a written acknowledgment of the contribution within 30 days of the donation. Title VIII imposes a penalty upon donee organizations for providing false or fraudulent acknowledgments. News on tougher car donation tax laws To help reduce overvalued auto donations (and bring more tax dollars to federal coffers), the IRS has issued a new guide for auto donations. In addition, legislation signed into law by President Bush on Oct. 22 made substantial changes to used-car charitable deductions in effect since January 1st 2005. Beginning Jan. 1, 2005, when a taxpayer donates a vehicle for which the claimed value is $500 or more, the precise deduction he can claim will depend on how the charity plans to use the vehicle. If the auto is sold by the nonprofit, then the taxpayer will be able to deduct only the amount of gross proceeds the organization got from the sale. And the donor will have to depend on the charity to let him know the donation amount by the individual tax-filing deadline. If, however, the charity plans to use the car for what the law deems as "significant" tax-approved charitable work, the donor would be able to claim the fair market value of the donated vehicle. The new law also provides penalties for fraudulent acknowledgments provided to taxpayers. Sen. Charles Grassley (R-Iowa), primary sponsor of the measure, calls it "common-sense reforms [that] will go a long way toward ending the abuses in car donations" documented by government accountants. Charities acknowledge that there are problems with the current system, but many are skeptical about changes that put the burden of policing tax breaks on the recipient groups. The organizations also worry that the new rules will dampen these types of contributions. In a letter sent to the Treasury Secretary during consideration of the changes, representatives of two dozen charitable groups argued that, "Under such a proposal, a taxpayer's actual deduction amount would be uncertain at the time of a contribution, and potential donors would not be able to compare the relative benefits obtained by donating their vehicles, trading them in to a car dealer, or selling the vehicles themselves. ... We believe this approach would greatly discourage and reduce future vehicle donations to charities and increase the cost of administering such programs, and we would respectfully ask that the Treasury join us in opposing any such proposal."

On October 22, 2004 President Bush signed the JOBS bill (HR 4520) into law. Section 731 of this law placed new restrictions on car donations to charity. If you are planning to donate a car, it is important to note these changes to the tax law that went into effect on January 1st, 2005 to make sure that you will receive the tax benefits that you expect from your car donation. TITLE VIII: Revenue Provisions - (Sec. 884) Title VIII revised the rules for claiming tax deductions for charitable donations of motor vehicles, boats, and airplanes valued over $500. It limits the allowable amount of such deductions to the gross proceeds received by the donee charitable organization from the sale of the donated vehicle. The new Provision requires the donee organization to provide donors with a written acknowledgment of the contribution within 30 days of the donation. Title VIII imposes a penalty upon donee organizations for providing false or fraudulent acknowledgments. News on tougher car donation tax laws To help reduce overvalued auto donations (and bring more tax dollars to federal coffers), the IRS has issued a new guide for auto donations. In addition, legislation signed into law by President Bush on Oct. 22 made substantial changes to used-car charitable deductions in effect since January 1st 2005. Beginning Jan. 1, 2005, when a taxpayer donates a vehicle for which the claimed value is $500 or more, the precise deduction he can claim will depend on how the charity plans to use the vehicle. If the auto is sold by the nonprofit, then the taxpayer will be able to deduct only the amount of gross proceeds the organization got from the sale. And the donor will have to depend on the charity to let him know the donation amount by the individual tax-filing deadline. If, however, the charity plans to use the car for what the law deems as "significant" tax-approved charitable work, the donor would be able to claim the fair market value of the donated vehicle. The new law also provides penalties for fraudulent acknowledgments provided to taxpayers. Sen. Charles Grassley (R-Iowa), primary sponsor of the measure, calls it "common-sense reforms [that] will go a long way toward ending the abuses in car donations" documented by government accountants. Charities acknowledge that there are problems with the current system, but many are skeptical about changes that put the burden of policing tax breaks on the recipient groups. The organizations also worry that the new rules will dampen these types of contributions. In a letter sent to the Treasury Secretary during consideration of the changes, representatives of two dozen charitable groups argued that, "Under such a proposal, a taxpayer's actual deduction amount would be uncertain at the time of a contribution, and potential donors would not be able to compare the relative benefits obtained by donating their vehicles, trading them in to a car dealer, or selling the vehicles themselves. ... We believe this approach would greatly discourage and reduce future vehicle donations to charities and increase the cost of administering such programs, and we would respectfully ask that the Treasury join us in opposing any such proposal."

Vetmade Industries has a vaunted mission: To return disabled warriors to the workforce. It boasts that “93 percent of funds go directly to the cause of helping our heroes.” Well-meaning folks donated cars worth more than $2 million to Tampa-based Vetmade in 2015 – but only $91,348 made it to the charity, according to data from the California Attorney General. That’s 4.5 percent. What happened to the overwhelming bulk of that money? About $1.9 million – 95.5 percent of revenues – was spent by a company called Just Donated Inc. in Orange, which specializes in “promoting your cause and generating a steady flow of vehicle donations,” according to its online pitch. Vehicle donations are one of the most costly ways to give in all of philanthropy, those in the industry say. They’re complicated and time-intensive, often requiring extensive advertising, expensive towing, mechanical repairs, storage, paperwork and eventual sales of what are often clunkers. The charities usually don’t have to do anything at all, leaving all the work to the (usually) for-profit middlemen. All that costs a lot of money. But, as we’ll show you, some charities get a lot more out of it than others. SMALL SLICES Just Donated, the Orange business that processes vehicles for charities, did not return calls and emails seeking detail on the numbers. But Vetmade’s executive director in Tampa, John Campbell, said that there are many costs incurred by tow truck drivers, auction houses and the companies that run the donations themselves. Campbell has been happy with Just Donated, he said; after all is said and done, some companies don’t return anything to the charities at all. • Another Southern California company specializing in charity car donations is Fund Raising Partners, long of Los Alamitos and recently relocated to Redondo Beach. Fund Raising Partners processed vehicle donations totaling $1.6 million for the nonprofit Durable Medical Equipment Aid Society in Tarzana in 2015, of which the charity got just 1.7 percent (or $27,235), according to the Attorney General’s data. The charity’s executive director said the numbers reflect initial start-up costs of running a new car donation program, and that numbers for 2016 will be better. Fund Raising Partners also handled car donations totaling $593,889 for Faith’s Hope Foundation in Fullerton. The return to that charity was even lower – just $3,213, or 0.5 percent. • Automotive Recovery Services of Westchester, IL, processed donations worth $6.5 million for the National Veterans Service Fund in Darien, CT. The charity got $1.2 million, or 18.5 percent. “The amount a charity receives for a vehicle donation is driven by two main factors, 1) the market value of the vehicle donated, and 2) the cost to solicit the donation,” said Phil Kraft, executive director of the National Veterans Service Fund Vehicle, via email. “In the current market we are seeing softer prices for donated vehicles.” When market prices are soft, the charity focuses on generating “donation volume” to hit its financial goals, Kraft said. “National Veterans Services Fund has a very limited staff and does not have the human resources to do hands-on marketing. Therefore we choose to utilize broader methods of marketing to solicit donations including SEO and PPC (pay per click). These broader marketing methods can be more costly, but help us drive higher volumes of vehicle donations.” • Michael Reese Enterprises in Costa Mesa specializes in processing a very large volume of low-value vehicles. It handled donations worth $6 million for a nonprofit called Growing in Voices in Irvine. The charity got $571,165, or 9.5 percent. • The biggest players on the scene were the Car Donation Foundation, aka Wheels for Wishes, in St. Louis Park, MN., and its vehicle processor, National Fundraising Management in Hopkins, MN. Total revenue was $31 million, of which $14.1 million went to the charity, or 45 percent. HEAVY LIFT That’s better than average. Total revenue generated by vehicle donations in California was $64.2 million in 2015, with charities getting about $25.5 million, or 39.8 percent of the total, according to the data. “Vehicle donation programs have become more popular over the past several years,” the AG said in her annual report on commercial fundraisers. “These programs are administered either directly by charities, or by commercial fundraisers that solicit donations and manage the program on a charity’s behalf, in exchange for compensation.” How does it work? The process usually begins when a donor contacts a charity or commercial fundraiser in response to an ad or solicitation campaign, the AG explains. In the initial phone conversation, the donor will be asked questions about the vehicle. Generally, the vehicle will be accepted unless the cost of towing it exceeds its value. The donated vehicle is then sold and the proceeds are divided between the commercial fundraiser and the charity. “Because all costs associated with advertising, towing, storing, and selling the vehicle are deducted from the proceeds before any distribution to charity, charities usually only receive a marginal amount from the car’s sales proceeds,” the AG warns. The attorney general filed suit against Ventura-based Cars 4 Causes in 2015, charging it with breach of fiduciary duty and deceptive and misleading solicitations. C4C, as it is known, kept and spent millions of dollars in donations that should have gone to other charities, the AG charged in the suit. MAKING GOOD Still, some make it work a lot better than others. • Advanced Remarketing Services of Warren RI processed $1.1 million of vehicle donations for the Independent Charities of America in Larkspur, CA. The charity got $888,104, or 78.4 percent. • Advanced Remarketing Services processed $523,053 of donations for the American Cancer Society in Atlanta. The charity got $426,764, or 82 percent. • Automotive Recovery Services processed $1.4 million of donations for the National Council of the Society of St. Vincent de Paul in Maryland Heights, MO. The charity got $1.1 million, or 74 percent. • Automotive Recovery Services also processed $2.7 million of donations for the National Kidney Foundation in New York. The charity got $1.9 million, or 69 percent. Zachary Lasky is the e-commerce product manager for Advanced Remarketing Services. “Our goal is to return 70 to 80 percent to the charity – we form a partnership with them. We’re not tyring to pull the wool over anyone’s eyes,” Lasky said. It can return so much because it doesn’t depend solely on auctions to sell the vehicles, he said. That includes selling directly to buyers, which cuts down on auction fees. Advanced Remarketing Services also avoids storing vehicles for long period of time – which cuts down on storage fees – and on expensive towing. “It’s definitely disappointing to see people taking advantage, maybe not have the best interest of the charity they work with at heart,” he said. Donors should read the tea leaves. Charities that are willing to accept just a tiny fraction of donation proceeds may deserve further financial scrutiny. FOR EXAMPLE Fullerton’s Faith’s Hope Foundation was dedicated to “assisting families going through the emotional and financial hardship due to the hospitalization of a loved one,” according to its mission statement. In 2012 – the last year it filed tax returns with the IRS – it spent $3.5 million, and $3.3 million of that went to fundraising. Spending on its aforementioned core mission was just $157,533, or 4.5 percent (charity watchdogs like to see at least 65 percent of spending on the core mission). The IRS revoked Faith’s Hope Foundation nonprofit status last year, after the charity failed to file tax returns for three straight years. Also, according to their IRS filings: • The Car Donation Foundation, which does business as Wheels for Wishes, spent $27.3 million in 2015. More than half of that – 51 percent – went to fundraising. • Growing in Voices in Irvine, which “promotes charitable giving by connecting people with the chanties and causes they care most about and supports humanitarian services to the hungry, poor and sick,” spent $11.9 million in 2014. Of that, $10.9 million went to fundraising. • National Veterans Service Fund, whose mission is “to educate and inform the public on the needs of veterans and their families, primarily concerning the Agent Orange Issue and Gulf War illnesses,” spent $9 million in 2015. Six million of that – 66 percent – was spent on fundraising. Dangerous curves ahead, donors. Do your homework, and proceed with caution. SMART PERSON’S GUIDE CHARITY CAR DONATIONS • Do your research. CharityNavigator and Guidestar are great places to start to check out how charities spend their money. The Attorney General lays out how much each charity actually gets, compared to the value of the donations, in its annual Commercial Fundraisers report. • Give vehicles to charities that can actually use them – delivering meals to the homebound, taking elderly people to the doctor, etc. Contact the United Way, a community college or vocational school to find programs that need donated vehicles. • Find a charity that handles its own car donations. That cuts out the middle-man and allows the charity to keep all the proceeds. If your favorite charity doesn’t accept cars directly, find one that does. • If the car runs, drive it to the charity yourself. That’ll save money on pickup and towing. • If you still want to give to a charity that uses a middleman, ask what percentage of your donation the charity will actually get. • Do paperwork correctly. Donors are responsible for notifying the Department of Motor Vehicles of the transfer of registration. You can be held responsible for parking tickets and worse if you don’t formally sign the car over to the nonprofit. Source: IRS, Charity Navigator, American Institute of Philanthropy, California Attorney General