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California Boat Donation FAQ's

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The California coastline goes on for miles. Such a distance means there are a lot of boats in this beautiful state. All along California, there are thousands of boats sitting in Harbors and marinas not being used. From Lake Tahoe in the north to Lake Elsinore in the south, there  are many popular boating lakes in the golden state.  If you found yourself to be like one of the many California boat owners who are looking for a way to get rid of your boat, a  California Boat donation  may be right for you. Charitable boat donations  are a great way to give back to the community, but the process is not as simple as some may think. With planning, research, and the advice of a trusted tax professional, you can be on your way to making a meaningful impact on the community. The rewards can be two-fold. The  tax deduction  you can receive, in most situations, is more than what you would get for it than by selling outright. Make sure you do your homework whe...

Brief Guide For Corporate Donations To Charity

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Qualifying donations To qualify for the charitable tax deduction, your corporation must make a donation to a qualified charity such as  Giving Center .  Giving Center , and charitable organizations like it, can issue  donation receipts  for the gifts received from both individuals and corporations. Only an  IRS approved charity  is qualified to give a donation receipt that can provide your cooperation of tax deduction. The Internal Revenue Service (IRS) maintains a  list of qualified charities , like Giving Center, who are allowed to issue official donation receipts for charitable gifts. The IRS considers a donation to be a  voluntary transfer of money or property  for which you expect and receive no consideration. You are able to make these charitable donations by cash or in kind. A donation is irrevocable. Donation receipts are issued for the eligible amount of the donation to charity, this is usually the value of the donation. In ...

How A Charitable Donation Can Help Your Business

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Giving to  Giving Center  and other non-profit organizations is a great way for your small business to build goodwill in the community and is often part of an overall public relations strategy. For many businesses, making  charitable donations  in  cash ,  property  and even time can be a  benefit  when it comes time to file your business taxes. Many types of contributions are  tax-deductible . Though, there are limitations on these contributions and processes to follow in order to comply with strict tax laws. Qualifying Donations The IRS recognizes both  cash and non-cash contributions  from businesses. Non-cash donations can be  property ,  goods  and  inventory . You also can deduct expenses related to volunteering for a qualified charitable event or service project. This doesn’t include the value of the time you spent but can cover gas and mileage required to attend an event, along with supplies...

The Process Of Aircraft Donation

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Donating Aircraft to a Charity First Things First: If you  donate aircraft  to  AircraftDonation.org , or any IRS approved charitable organization, its  Fair Market Value  must be detaermined. An acceptable measure of the of a fair market value of an aircraft is an amount not in excess of the price listed in a used aircraft pricing guide for a private party sale, not the dealer retail value. However, the fair market value may be less than that amount if the aircraft has issues, damages, high airframe hours or any type of exstensive wear. The Fair Market Value of a  donated aircraft  is determined by many factors such as the price listed in a used aircraft pricing guide; that is only if the guide lists a sales price for an aircraft that is the same make/manufacturer, model and year, that is sold in the same geographic area, in the same condition, that is also with the same or similar engines, options, systems or accessories, and total hours and...

The Benefits Of Donating Seaplane To Charity

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Seaplanes can be great and they can be very practical for places that cannot be reached by road or airport. However, they can be costly to operate. Small land planes can be expensive per passenger mile in comparison with either large airliners and even cars. Seaplanes also have additional operating costs: the floats themselves generally cost about 40% of the price of the airplane, and sheet metal damage is often frequent. Sheet damage can be caused by such things as submerged rocks, docks, and even waves from passing boats. Mishaps are mostly unavoidable solely due to the fact that seaplanes are meant to go where the environment is can not be completely controlled. In addition, seaplanes face salt-water corrosion. Fuel costs (due to higher drag) are also expensive, and seaplanes are not fuel efficient. A Beaver consumes around 22 gal. of gasoline per hour, giving it a gas mileage of 5 MPG. This is comparable to a bus or 18-wheel truck. So if you are thinking of making a ...

With Causes, Charitable Donations Done Right

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Whatever you wish to donate, the With Causes network can accept. With a wide range of programs and knowledgeable representative and volunteers, With Causes has the tools and the know how when it comes donating just about anything. Here are just some of the dedicated programs the With Causes network offers.. Real Estate with Causes Most Americans do not have a huge real estate portfolio. Those that do have found they can enjoy a significant financial benefit and provide a charitable contribution to the community at the same time with a  Real Estate Donation . A real estate donation to charity can help you rid yourself of pesky non-producing properties and also avoid capital gains tax on highly appreciated property. A real estate donation can significantly reduces your legal and tax liabilities on the properties you donate and more efficiently attain personal financial goals while also supporting Real Estate with Causes and our many charitable endeavors. For some tips on donatin...