How to Turn Your Old Beat-Up Car Into a Car Donation Tax Deduction

If you're thinking about donating a car to a charity you may want to keep the following tips in mind. A car donation tax deduction can benefit not only you and the charity but a person in need also.

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Charities have the option of using donated vehicles for their own use, for providing transportation for volunteers or for charity-related activities such as picking up supplies etc. But more often they will already have enough vehicles and they will sell the auto, truck, RV, airplane or other vehicle from their car lot or through dealers to raise funds for their charity. If the charity uses a dealer they've contracted with, the charity may only receive $50 or less from the dealer when the vehicle is sold.

Changes in the laws limit the amount the donor can receive for a used car donation to the actual price that the charity sells the car or truck for.

If the charity or car donation program is not familiar to you, you may want to make sure the charity is eligible from the IRS to receive tax deductible contributions. Request a copy of the charity's letter of determination from the IRS. This letter verifies the charity's tax exempt status.

Make sure that the charity or car donation center gives you an itemized detailed receipt for your car donation. Keep it in a safe place and file it with your tax return. Non-cash donations can be an unwanted red flag for an IRS audit so make sure you document the value of the car and keep good detailed records.

If you discover that your old used car is worth more than $500 then you as the donor must fill out Section A of the IRS Form 8283 and file it with your income tax return. Make sure you get a written acknowledgement along with the receipt from the charity because you'll be required to do so.

If the charity turns around and sells the car instead of using it for transportation then the charity must give the donor certification that the car was sold at what is called "arms length" between parties who are unrelated. And after the sale report the sale price of the car to you within at least 30 days. The donor's car donation tax deduction will be only for the amount that the charity sold your car for. And if the charity doesn't sell the car and elects to keep it, then it must give you, the donor, a written receipt for the vehicle within 30 days of the date of the sale.

The charitable car donation organization might also be required to provide certification to the donor showing how it plans to make use of or improve or repair the car or other vehicle and also that it promises it won't sell or transfer the car to another person or company.

In the US, the federal government imposes penalties on charities that provide fraudulent acknowledgments or documentation to donors.

If the car, truck or vehicle you plan to donate is worth $5,000 or more, then an independent appraisal is required and you must fill out Section B of IRS Form 8283. You ma have to get advice from your CPA or accountant on how to handle this.

If you think or know your car or truck or other vehicle is worth less than $5,000, you can use the Kelley Blue Book or a little guide book from the National Auto Dealers Association (NADA) to figure out the market value. You can find these guides online or at your local public library. You must use the correct figures for the mileage, date and exact condition of your car - document this as much as possible. Choosing the highest figure listed in the guide for your car model and year without taking into consideration any of the other options and factors will not make the IRS very happy.

Take several current pictures of the car or truck and save all your vehicle receipts for new tires, repair work, or any necessary upgrades to help prove its value.

It's important to remember, that you as the donor, not the charitable organization, are responsible for determining the value the car. It is you who will pay any penalties if the IRS challenges your figures through an audit.

There are many reputable lesser-known as well as the more well-known charities such as Target, Purple Heart, Kidney Foundation, Salvation Army and Goodwill Industries. Centers are located in every state including Massachusetts, California, Minnesota, New York, New Jersey, Michigan, Illinois, Connecticut etc. Some of the charities in some states seem more active in pursuing the donations than others and you'll find more ads.

These are just a few of the best tips you should know about if you plan on donating a car, truck, RV, airplane, boat or other vehicle. Armed with these facts you can start to make an educated decision about whether you want to go ahead and donate a vehicle and get a nice car donation tax deduction.

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Make The Right Choices With Healthy Food For Yourself -- Healthy food doesn't come through your car's window in a drive-through, it's not suppose to come with vinyl toys, and it doesn't remain in cardboard boxes for several weeks in warehouses. Healthy food is the food which is made at home. This food much healthier compared to those sold at low-cost fast food restaurants. If you want to eat proper food you must be willing to spend a little bit of money. Beside chip beans and rice there are plenty of different healthy options to choose from.

Healthy food shopping at your local farm market stands to a reason. If you purchase the proper foods, you'll eat the proper foods. If you eat the proper foods, you should have much more strength, you will have the ability to maintain a healthy weight, and on top of that you'll have a more healthy heart.

By looking into making a checklist of food choices before heading to a supermarket, you'll build an approach to support yourself and your family to enjoy with better food choices.  A proper food strategy starts with making a decision to follow a plan even before you go to buy groceries.  This will place the cornerstone for creating better dietary habits.

Make your children eating healthy food. It's essential that little ones get very good nutrition to allow them to grow.  Speak to your boy or girl about appropriate food choices, and just how vital they're for growing and studying. Let them know that it can help them feel stronger when they want to achieve results in sports.

Here are 10 super choices of healthy food on Earth to eat and stay healthy.

Sweet potatoes have been rated as the most naturally healthy coming from all vegetables. Sweet potatoes consist of anti-oxidants, beta carotene, iron, vitamin B6 and dietary fiber.

Spinach has calcium mineral for bone and joint health and vitamin K for proper bloodstream.

Broccoli has indole-3-carbinol and sulforaphane which help against breast cancer. Broccoli is rich with vitamin C.

Blueberries are a rich supply of anti-oxidants, vitamins A, C, E and flavonoids. They have anti-aging effect on the human body.

Garlic is capable of lowering bad cholesterol, high blood pressure and help against some types of cancer. Garlic also has essential nutrients and vitamin C.

Tomatoes are rich in vitamin C. There are also rich in lycopene which can help to keep  prostate health.

Raisins are an excellent sources of iron, which can help our blood carry oxygen. They high in fiber. Raisins also help to fight blood pressure.

Salmon and other oily water fish such as trout, herring, sardines and anchovies consist of omega-3 fatty acids, which enhance heart and human brain health. They can help prevent Alzheimer's disease.

Blueberries are good source of dietary fiber, anti-oxidants and phytonutrients. Frequent blueberry eating can help against high blood pressure.

Here is a bigger list of healthy food for you and your family.

Vegetables

Asparagus

Beets

Broccoli

Cabbage

Carrots

Cauliflower

Celery

Cucumber

Green beans

Green peas

Lettuce

Potatoes

Onions

Peppers

Sweet Potatoes

Squash

Spinach

Tomatoes

Fruits

Apples

Apricots

Bananas

Blueberries

Blackberries

Cranberries Figs

Figs

Grapes

Grapefruit

Kiwi

Mangos

Lemons

Lime

Oranges

Raspberries

Papaya

Pears

Pineapple

Plums

Prunes

Strawberries

Watermelon

Seafood

Salmon

Shrimp

Scallops

Tuna

Dairy products

Eggs

Low fat Cheese

Milk (not more then 2%)

Bio yogurt

Beans

Black Beans

Dried peas

Kidney Beans

Lima Beans

Pinto Beans

Navy Beans

Soybeans

Dried peas

Chickpeas

Meats and Poultries

Chicken

Turkey

Lamb

Lean Beef

Liver (calf)

Venison

Seeds and Nuts

Almonds

Cashews

Flax seeds

Pumpkin seeds

Peanuts

Pecans

Sesame seeds

Sunflower seeds

Walnuts

You can easily find lots of tips and ideas even throughout the Internet to add to your list of good healthy food choices.

Losing Weight by Eating Healthy Food Is A Way of Life

Losing weight by eating healthy food is a great weight loss regimen. It capitalizes on the fact that eating is one of the main needs of an individual. Often, the main cause of diet is the inability to control one's appetite and suppress cravings. Excessive food intake is one of the main causes of obesity. Food is the reason for weight gain. It is also the way to lose weight. We should start looking at food as our friend; it should not be our enemy. This article mainly aims to discuss the different kinds of food to consume in order to initiate weight loss.

Before anything else, it is but proper to first discuss the meaning of healthy food. Generally, healthy food is defined as the kinds of foods that are beneficial to one's health. Healthy food often has high nutritional content. At times, some also define it as food that claim to have specific health benefit claims. Foods that claim to prevent and cut back on a certain disease can be considered as healthy food. Aside from that, healthy food is also referred to as the opposite of junk food. Putting this definition in mind, let us now list some healthy foods.

One type of food that can help you in your weight loss is oats. They are a species of cereal grains grown from different parts of the world. It is a favorite breakfast of those on the go. But did you know that 100 grams of oat contains 66.3 grams of Carbohydrates, 1,628 kJ of energy, 10.6 grams of Dietary Fiber, 16.9 grams of Protein, 1.3 milligrams of vitamin B5 (Pantothenic acid), 56 μg of vitamin B9, 54 milligrams of Calcium, 177 milligrams of Magnesium, 5 milligrams of Iron and 429 milligrams of Potassium. Clearly, oats are loaded with vitamins and minerals. You get all these minerals but with less fat. Aside from that, oats also aid in digestion. It also lowers the body's blood cholesterol thus cutting back the risk of heart disease.

Another type of food that can help you in weight loss is lentils. It is a legume, just like nuts and beans. It prevents insulin from shooting up. Thus it stops the creation of excessive fat around the abdominal area. Dr. Jonny Bowden, Ph. D included lentils as the most health foods in his book entitled 'The 150 Healthiest Foods on Earth'. Lentils are a good source of fiber. It thus helps in suppressing appetite and satisfying hunger. It also lowers blood cholesterol levels. Aside from aiding weight loss, lentils have high folic acid content. Folic acid prevents the occurrence of birth defects. It also cuts back the risk of dementia, heart diseases, and bone fractures.

In losing weight by eating healthy food, one must remember to also eat healthy food in right amounts. In reality, there are no good or bad foods. There are just foods eaten in wrong and excessive amounts. In order to lose weight, you don't have to stop eating the fries, hamburgers and steaks; you just have to cut back on the intake. You have to always keep in mind the concept of the food pyramid. The food pyramid is your perfect guide to the amounts you should take each of the food groups. Basically, you just need to have more amounts of those food groups on the bottom than of those on the top.

In dieting, never make very abrupt changes. To get optimum weight loss results, take small and gradual steps. Give the body the time to adjust to your changes. Dieting is not just a regimen; it is a way of life. Losing weight by eating healthy food should be a way of life.



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Why Most Profitable Businesses Are Proactive! || Most profitable businesses got that way by being proactive, developing a plan, and then most importantly taking action accordingly! You see when growing a business you need to spend your time and efforts in a proactive manner since this is the only way growth can be experienced! When you find yourself reacting to events or unexpected miscues more than deliberately taking action based upon a plan you are not making progress! Quite simply being proactive sets you up to make progress as quickly as possible if of course your goals are realistic!

Here are 3 simple reasons why being proactive is the best and fastest way for anybody to take when growing a business!

You Know Where Your Going

When growing a business it is an absolute necessity to first know what your overall objectives are and just as importantly, why! This helps you determine your 'mission statement' which will be instrumental in the products you offer and the marketing strategies you choose! If your business has no particular purpose how is it you expect attract customers let alone turn a profit?

You Know How to Get There

Being proactive requires a little planning in advance which makes things less complicated when you begin taking action! In addition and of equal importance having a plan you can follow helps to filter out distractions since your focus is on the strategy you have developed! The bottom line is it is extremely difficult to accomplish anything that involves an investment of time or a series of processes unless you first establish how to do so!

You're in Control

The best thing about being proactive when growing a business is that most actions that are taken are carefully thought out and constructive! Planning your activities in advance helps minimize both surprises and mistakes thereby reducing set backs and/or frustration giving you more confidence which increases your motivation! Things are now on your 'terms' instead of finding yourself chasing after or reacting to unimportant distractions and relatively insignificant occurrences! All this serves to do is to keep you busy NOT productive!

It doesn't take long for most profitable businesses to realize that the quickest way to get the results they want is by being proactive! By taking action according to any plans developed specifically for growing a business it only stands to reason desirable results are more likely! It is way too easy to find yourself spending too much time reacting to events around you thus diverting your efforts from taking action on your original plan!

Acting in a defensive fashion such as this gets you no where except frustrated whereas being proactive, as discussed above, gives you the best chance to implement your plan for growth and development! Trust me there will always be distractions that can divert your efforts if you allow it! Growing a business on the other hand requires you make a plan and take action accordingly if any progress is to be made!

The True Story of the Bitcoin Market and Its Phenomenal Course

Bitcoin is now deemed to be the foremost payment procedure for online commerce, ardent spectators of cryptocurrencies consider this fact to be a drastic march on the trails of finance viewed on a universal scale. Experts however, spark a fresh debate around and on the matter of Bitcoin, simply the fact that majority of buyers in Bitcoin market are a bunch of speculators. 

Bitcoin is an ideal reflection of how cryptocurrencies can assume a shape in the imminent time, and capitalists must deem a larger perspective. The immense popularity and ever-mounting price is momentary, but dealing with the essentials regarding Bitcoin and its trivial competitors will lead to a perfect deliberation and that's going to determine its imminent future.

Cryptocurrency requires a contender to crown. The technology of Bitcoin is repetitive, this is both risky and fascinating at the same time, and Bitcoin is a pioneer. Only 21 million Bitcoins can ever be mined, inflation is not a possible option, and cryptocurrency can assume countless directions. Cryptocurrencies like Litecoin are gaining ground. As these digital currencies provide consumers patterns of monetary growth and reflect inflation as well. Recent Bitcoin news proves that companies are trying to develop competitors, to build up a solution to global monetary transactions by digital currencies. Volatile Bitcoin, which is somewhat acceptable or debatable by large and small businesses alike, even fuel the need for a stable digital currency for smoother transactions.

Bitcoin is one of a kind. Publicity is sole reason for its implausible success. Consumers can feel an urge to buy it, when they perceive the Bitcoin Charts, demands soar but intents are still unidentified. They are yet to grasp its meaning and find a good use of it after they've already taken a step of going ahead and acquiring it. Although a currency, Bitcoin, with its sheer volatility is somewhat considered as gold by this world. 

Crashes and debates may be a matter of the past, but certainly not for its innate worth. There is nothing wrong with innovating with cryptocurrencies, but an excessive hype around one is not healthy. Data can even confirm that a big percentage of spent Bitcoins are traded via gambling entities. Curiosity triggers the urge to buy this volatile digital currency; consumers are enticed by the rising course of Bitcoin value and are completely absorbed by it.

Mix-ups do happen with digital currency. A decentralized, open-source entity such as Bitcoin is, triggered craze among its creators to put together something unique. Money and resources weren't a thing of concern with them. The Bitcoin price has, paradoxically, increased as it became reputed day by day. 

As volatility of the currency is confirmed by it rapid rises and plunges, and the feature of illiquidity for buyers is an undeniable issue. A revolutionary delight attracted the very first Bitcoin takers. Though, somewhere in the process, an important thing is getting lost, something that could follow or accompany a digital currency like a shadow, the extensive utilization for facilitating any sort of transactions.

Introduction to Bitcoin

Bitcoin has been in the news the last couple of weeks, but a lot of people are still unaware of them. Could Bitcoin be the future of online currency? This is just one of the questions, frequently asked about Bitcoin.

How Does Bitcoin Work?

Bitcoin is a type of electronic currency (CryptoCurrency) that is autonomous from traditional banking and came into circulation in 2009. According to some of the top online traders, Bitcoin is considered as the best known digital currency that relies on computer networks to solve complex mathematical problems, in order to verify and record the details of each transaction made.

The Bitcoin exchange rate does not depend on the central bank and there is no single authority that governs the supply of CryptoCurrency. However, the Bitcoin price depends on the level of confidence its users have, as the more major companies accept Bitcoin as a method of payment, the more successful Bitcoin will become.

Benefits and Risks of Bitcoin

One of the benefits of Bitcoin is its low inflation risk. Traditional currencies suffer from inflation and they tend to lose their purchasing power each year, as governments continue to use quantative easing to stimulate the economy.

Bitcoin doesn't suffer from low inflation, because Bitcoin mining is limited to just 21 million units. That means the release of new Bitcoins is slowing down and the full amount will be mined out within the next couple of decades. Experts have predicted that the last Bitcoin will be mined by 2050.

Bitcoin has a low risk of collapse unlike traditional currencies that rely on governments. When currencies collapse, it leads to hyperinflation or the wipeout of one's savings in an instant.

Bitcoin exchange rate is not regulated by any government and is a digital currency available worldwide.

Bitcoin is easy to carry. A billion dollars in the Bitcoin can be stored on a memory stick and placed in one's pocket. It is that easy to transport Bitcoins compared to paper money.

One disadvantage of Bitcoin is its untraceable nature, as Governments and other organisations cannot trace the source of your funds and as such can attract some unscrupulous individuals.

How to Make Money with Bitcoin

Unlike other currencies, there are three ways to make money with Bitcoin, saving, trading and mining. Bitcoin can be traded on open markets, which means you can buy Bitcoin low and sell them high.

Volatility of Bitcoin

The value of Bitcoin dropped in recent weeks because of the abrupt stoppage of trading in Mt. Gox, which is the largest Bitcoin exchange in the world. According to unverified sources, trading was stopped due to malleability-related theft that was said to be worth more than 744,000. The incident has affected the confidence of the investors to the virtual currency.

According to Bitcoin chart, the Bitcoin exchange rate went up to more than $1,100 last December. That was when more people became aware about the digital currency, then the incident with Mt. Gox happened and it dropped to around $530.

In 2014, We expect exponential growth in the popularity of bitcoin around the world with both merchants and consumers, Stephen Pair, BitPay's co-founder and CTO, “and anticipate seeing the biggest growth in China, India, Russia and South America.

India has already been cited as the next likely popular market that Bitcoin could move into. Africa could also benefit hugely from using BTC as a currency-of-exchange to get around not having a functioning central bank system or any other country that relies heavily on mobile payments. Bitcoin's expansion in 2014 will be led by Bitcoin ATMs, mobile apps and tools.

World Experiences Bitcoin

More people have accepted the use of Bitcoin and supporters hope that one day, the digital currency will be used by consumers for their online shopping and other electronic deals. Major companies have already accepted payments using the virtual currency. Some of the large firms include Fiverr, TigerDirect and Zynga, among others.

The Future of Bitcoin

Bitcoin works, but critics have said that the digital currency is not ready to be used by the mainstream because of its volatility. They also point to the hacking of the Bitcoin exchange in the past that has resulted in the loss of several millions of dollars.

Supporters of digital currencies have said that there are newer exchanges that are supervised by financial experts and venture capitalists. Experts added that there is still hope for the virtual currency system and the predicted growth is huge.

I hope this article has helped you all gain a much more clear understanding of Bitcoin, the potential, does Bitcoin work and how Bitcoins work. For more articles about Bitcoin, weekly trends, information and updates, subscribe to our blog post.

Bitcoin - A Secure Investment for the Future -- Bitcoin is an online digital currency, just like a dollar or a pound but with a few exceptions. Introduced by Satoshi Nakamoto in 2009, Bitcoin engages in a peer-to-peer payment system where no intermediaries exist and goods can be securely transferred between any two people on the planet. 

It is associated with a heavy network of computers and the unit of currency for the Bitcoin system (appropriately called Bitcoin) can be simply acquired by joining the vast network. Bitcoin provides a fast cheap and secure transaction alternative but few are willing to take the jump for it. So the one million dollar question still lingers, is Bitcoin a secure investment?

Bitcoin is only a few years old, an interesting creation that has awed many and for the record, has attained a name in the top financial charts. Its popularity has spanned and it has led some of the top businesses like Virgin Galactic to consider it as an acceptable source of payment. Bitcoin prices increase at rates of up to 10% and continue to dominate as the alpha of the market and this has made many interested in investing in it.

Another special feature of Bitcoin is that it does not have a central bank and neither does a central government control it. It's a global currency and its creation and existence lies behind a complex and geeky mathematical algorithm that enables it to shadow government related mishaps. Cases of political instability and government absurdities that plunge the economy down to shame and lead years of investments in a currency down the drain do not occur in the crypto-currency system. This creates a secure and friendly investment opportunity with low inflation risks.

The Downside

With an ever-amazing upside, crypto-currency also has its downs. As mentioned, this thing is still taking baby steps; and with that comes great uncertainties. Bitcoin prices are volatile; currently increasing sharply and can fluctuate at 30% to 40% in a month. The world is still surprised at its emergence and there exists very few Bitcoin holders and Bitcoin. This leads to unanswered questions and cold fear among people as investing in a new unpredictable 'gold mine' can yield devastating effects. Its newness brings forth lack of regulations and scares off potential investors.

The enigma surrounding the Bitcoin system is a major factor to be considered. Anything can happen and everyone participating in the Bitcoin market is on a high alert. China in December 2013 eliminated the use of Bitcoin and this led to a drastic drop to its value from $1240 to $576 in just three weeks. 

Programmers also determine the functionality of this global currency and many question the thought of risking their finances for some group of geeks. This prevents many from venturing into the system and increases the risk of Bitcoin investment ever so highly.