January 10, 2018 at 10:08 pm | 3 Little-Known Tax Deductions You Will Want to Know

Now that 2018 has officially arrived, everyone is beginning to get ready for the most dreaded time of the year: tax season.

Though your taxes aren’t officially due until April 17 this year, the smartest consumers start to get their paperwork in order as soon as possible so they’ll have plenty of time to maximize their deductions.

There are a number of secret tax deductions that many filers miss out on because they don’t know that they qualify. Read on to learn about three deductions that you may qualify for this year.

  • Learning beyond college. Though most people know that the IRS offers a number of tax benefits for college students, not many know that there are also continued education benefits that don’t discriminate based on age. The Lifetime Learning credit can provide you with up to $2,000 per year if you spend over $10,000 annually after high school increasing your education.
  • Travel for interviews. Losing your job can be difficult, and it can be even more difficult to come up with the money to cover expenses related to finding a new one. While you won’t be able to write off that new suit or pair of pumps as a business expense, you can deduct the cost of travel to and from job interviews for a new position at the IRS’s 2017 rate of 53.5 cents per mile. While this might not seem like a lot, those miles can add up quickly, especially if you’ve been unemployed for more than a few months.
  • Charitable donations. Your charitable donations don’t need to be cash for you to make a deduction! If you made an NJ car donation in 2017 to a registered non-profit such as American Children’s Society, Inc., you can deduct the Kelly Blue Book value of the vehicle from your income when filing.

It’s never too early to start thinking about your taxes or how much good you could do with a simple donation to a great cause. If you’re interested learning more about how you can donate a car to charity in NJ, we encourage you to give our team at American Children’s Society, Inc. a call at 888-776-4038.

December 18, 2017 at 6:32 pm | Why Owning Tow Trucks is Key to Giving the Best Car Donation

If you’re feeling the holiday spirit this winter, you might be considering spreading the seasonal cheer with an NJ car donation to help out those less fortunate. But with so many donation options to choose from, how can you decide which is the best charity to donate your new or used vehicle to?

This season, our tow truck services at American Children’s Society, Inc. to help those in need and give yourself a little gift come tax time as well!

One of the little-known ways to maximize your return when making a car donation is to choose a service that owns their own towing trucks instead of hiring out contractors to do the dirty lifting. This is because when our team handles the cost of towing, you will be allowed to claim the full Kelley Blue Book value when it comes to writing off the cost of your vehicle as a charitable donation.

We at American Children’s Society, Inc. are proud to say that we handle all of our own towing needs, and pass those savings along to you when it comes time to write up your annual tax report.

We are the only car donation charity in the Tri-State area that provides in-house towing for our donations, making the American Children’s Society, Inc. the best place to donate a car. Not to mention that when you choose us for your donation, your money goes to helping sick children and their families recover from cancer.

Now is the perfect time to get into the giving mood and learn more about the benefits of donating your car, truck, boat or SUV to the American Children’s Society, Inc. To learn more about our towing services or our mission, feel free to give us a call today at 888-776-4038 to get started.

November 17, 2017 at 3:05 pm | 3 Types of Vehicles that You Can Donate to Help Kids in Need

Did you know that you can donate more than just money to help a worthy cause? At the American Children’s Society, Inc., we pride ourselves on making it simple and easy to help kids in need. This why we’ve recently expanded our donation options to include more than just cars!

Read on to learn more about the different vehicles that you can now donate to the American Children’s Society, Inc.

  • If you have a camper that’s just sitting on your property and collecting dust, why not donate it? We’re now accepting donations of all types of recreational vehicles so you’ll be able to clear out more of your yard or garage while knowing that your donation will go to help children suffering from cancer.
  • They say that a man has two happiest days in his life: the day he buys a boat, and the day he finally gets rid of it! If you no longer have the time, money or resources to continue taking care of your boat, why not jump straight to the second happiest day of your life by donating your boat? You won’t have to deal with the constant and expensive upkeep anymore, and your boat will be going to a cause you support.
  • Of course, you’re still welcome to donate a car in NJ to the American Children’s Society, Inc. Wel offer our pickup services and accept vehicles of all makes and models. If you want your NJ car donation to go towards helping fight cancer, the American Children’s Society, Inc. should be your go-to option.

What sets our donation program apart from the rest is that we do not use a middleman for towing since we have our own tow trucks. We use the car donations as part of our charitable programs thereby allowing the donor to receive the full Kelley Blue Book private party value (the highest value allowed by the IRS). We are the only charity in the Tri-State area that does this.

As the year comes to a close and vehicle manufacturers of all types start to put out end-of-the-year savings, consider embracing the holiday spirit by donating your used RV, boat or car to kids in need. Contact us today by calling 888-776-4038 to get started!

October 12, 2017 at 12:45 pm | What are the Most Fuel-Efficient Car Brands?

If you’re like most people, you’re probably always looking for ways to save money and close holes in your household budget. One of the biggest places that most people spend a large amount of money is into their car. Those who drive cars that have a low fuel-efficiency rating are more likely to be dumping more of their hard-earned money into their gas tank. As concerns for the environment continue to mount and gas prices continue to rise, more and more people are donating their old car and switching to a more fuel-efficient mode.

 

Drivers who are thinking about getting a newer vehicle are encouraged to donate their vehicle to a noble cause. In addition to taking vehicle donations, we also accept boats and RVs as well!

 

If you’re looking to upgrade your car this season, consider purchasing one of these three brands, which have been rated by Consumer Reports to be the most fuel-efficient on the market.

 

  • Though a bit pricier than most sedans on the market, Tesla’s innovative design represents the future of fuel-efficient cars. Tesla cars use electric motors, which equal out to huge savings for you when it comes to fueling up. The average Tesla vehicle is estimated to get an astonishing 93 miles to the gallon.

 

  • You probably already know the look of Smart’s vehicles thanks to their small design, but don’t let their size fool you. These cars pack a punch in the fuel efficiency department. Designed alongside Mercedes-Benz, the average Smart car gets about 35 miles to the gallon, making them perfect for most commuters.

 

  • Fiat delivers fuel efficiency with a distinctive Italian flair. Each one of FIAT’s gasoline models delivers at least 33 miles per gallon, and they are even expanding by planning to offer electric cars in the next five years.

 

If you’d like to learn more about how your donation can help children, reach out to our team at the American Children’s Society, Inc. by calling 888-776-4038.

 

September 8, 2017 at 7:10 pm | Is it Time to Invest in a New Car? Here’s How to Tell.

It happens to all of us. You’re sitting in traffic, and a shiny new convertible pulls up next to you at the stoplight. A single thought pops into your head: “I need a new car!” Most of the time, we have to push the impulse down for financial and practical reasons but how will you be able to tell when you really do need to invest in a new car? Here are three signs that a trip to the dealership isn’t going to be a waste.

● You’re getting low mileage. Everyone is tightening their wallets these days, and one of the biggest draws of a new car is improved fuel economy. If you have an older model or a “clunker,” you are likely losing money every time you drive your car. It might be time to donate your car in New Jersey and upgrade to a more fuel-efficient model.

● Your safety system is outdated. As technology improves, so does the safety of our vehicles. Newer cars have updated safety features including rear view cameras, weight-controlled airbag systems, and much more. If you frequently drive with your family and your car is over 10 years old, you may want to check out the safety features your current vehicle might be missing.

● Your old car is a dud. Even the most reliable and durable of vehicles will see their performance diminish with age. If your mechanic is spending more time in your car than you are, it’s time to weigh the financial cost of owning your car against an upgrade. While purchasing a new car will likely cost more in the short term, letting go can potentially save you more in the long term.

If you’ve decided that now is the right time to purchase a new vehicle, consider what you’ll do with your old one ahead of time. If you’d like to donate a car in NJ to a great cause, call us at American Children’s Society, Inc. at 888-776-4038 for more information.