Giving Gives

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 ...

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...

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 ...