Protecting Yourself From Online Car Donation Frauds
Protecting yourself from online car donation frauds requires action on your part. Never take a website at face value. Many say that they are accepting cars for charity. It may be tempting to pick the first one that offers free towing, but you really should be careful.
Know your rights when making a car donation to protect yourself from online car donation frauds. To determine if a charity is legitimate, check the IRS website and find out if the charity has 501(3)c status. Only true non-profits have this status. If an organization doesn't have this status, then it isn't a legitimate way to donate your vehicle. This is why protecting yourself from online car donation frauds is so important.
Protecting yourself from online car donation fraud includes asking how car assessments are actually made. A legitimate organization will tell you how they assess your vehicle before they assess it. They will make sure you understand your rights. They will not confuse you by offering Blue Book value. Only fair market value, which is lower, is allowed as a tax deduction by the IRS.
Another good question when protecting yourself from online car donation frauds is 'how will funds be used'?
Some organizations claim that all proceeds will go to charity. In truth, these organizations are fronts, taking what is donated to charity and claiming a large portion of the profits for the fundraiser organization.
If you have questions about an organization, you can find out more at your state's website. Search for charity ratings, fraud alerts and more. Don't be fooled by an imitator who is out to make money.
Many car donation organizations appear to offer the same terms. Read their fine print carefully. Check to see if they are a legitimate charity. Check to see if they have nonprofit status. If you take these steps, you will be protecting yourself from online car donation frauds.
Author: L. Kaylen, Car Donation & Deduction Service Reviews
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