Category Archives for "Tips"
Super Bowl XLVIII is only a week away and I’ll admit my plan for preparing well in advance has gone by the wayside. This year we’ll be hosting a party with a dozen friends and their children. In order to simplify things, we’ve asked everyone to bring their favorite beverage and a staple snack such as chips and dip.
For our Super Bowl Party Ideas this year, we’ll be preparing the heartier food. I plan to shop on Tuesday and Thursday in order to take advantage of last week’s and this coming week’s sale cycles. Despite the fact I’ve failed to plan, I don’t plan to fail at saving.
The first thing I plan to do is go back through Madame Deals’ past Game day posts. Since we’ve been posting for a number of years, there is plenty to choose from. I’ll start with Game day Preparation on a Budget. After all, savings is always my goal. The Pesto Bread featured in this post has become a favorite with our family and friends.
To start rounding out the Game DaySuper Bowl Party Ideas menu, we’ll add Hot Chicken Wings and Teriyaki Chicken Wings which are guaranteed to please both the adults and kids. I’ve contemplated making Pulled Pork Barbeque in the crockpot since I already have the majority of the ingredients in my stockpile. This recipe can be stretched by using mini slider buns instead of full-size hamburger rolls. Quick tip: Check your stockpile before deciding what to serve for any get-together. If you already have ingredients, that’s extra money you won’t be spending to serve something to your guests.
Last, but definitely not least, we’ll try three new dishes this year: Super Cheesy Dip in a Bread Bowl, Cream Cheese Fruit Dip served with fresh apples and pineapple, and Fresh Lemon Hummus served with a variety of veggies. By serving these with an abundance of fruits and vegetables, our guests (and their kids) will have the opportunity skip the dip and load up on something reasonably healthy.
Also check out our Game Day Party Finger Food Recipes
You probably heard it more than a dozen times from tv or radio commercials or read it from newspapers or magazines ads, Donate Car for Tax Credit but is it really that easy? Yes it’s true that you can get tax credit, but the big question is how much tax deduction can you get? Some people tend to get smaller than what they expected. Donating your car to charity can benefit you with a significant amount of tax savings if you will do proper planning and you’ll have all the proper documentations.
1. Make sure that you’re donating to a reputable charity, an IRS-approved 501(c)(3) organization.
2. According to the Internal Revenue Service (IRS), your deduction depends on how the charity uses your donation. If they sell your car (truck, boat, RV, or other vehicle), then your deduction will be the sales price. If they use it in other ways then you can use the car’s fair market value.
3. What is the car’s fair market value? The IRS suggests that you use a reputable used-car price guide such as the recent copy of the Kelley Blue Book to calculate your car’s fair market value. The private party prices are based on a vehicle’s make, model and overall condition.
4. Take note that there’s also a donate a car for tax credit rule, all taxpayer has a $500 threshold on vehicular gift. So even if the charity sells your car sells for $500 or less, still you can deduct $500 or your car’s fair market value, whichever is less.
5. Make sure that you keep a thorough list of paper trail. Most charities will report the sales price of your car to you on a form or a receipt, so make sure to have those documents.
6. Make sure to report the amount of your deduction. File all the forms necessary. If your deduction is greater than $5,000, you may also need a written appraisal as documentation.
Want to make a difference and help other people? Read these and be inspired:
Do you have other Donate Car for Tax Credit tips? Share it with us below.
Do you have a used car that you don’t need anymore? You may want to consider donating your used vehicle to charity. By donating you avoid the hassles associated with selling it, avoid the potential of repair costs, help a worthy cause and score a tax deduction at the same time.
Donate car for tax credit – You can use the price the charity got for your car in a sale as the amount of your deduction, this is true in case they sold it in auctions. If in case the charity sells the car at a discount to a needy individual or keeps the car for its own use, then you can claim a deduction for its fair market value.
Where to Donate My Car? There are a lot of charities where you can donate used cars and they will even pick it up for you, but before you do that one important tip to consider is to make sure that you’re donating directly to charities. Some middlemen or organizations will keep some percent of the value of your car for themselves and will just donate a portion to charity. To avoid this make sure to contact the charity your interested in directly and that charity is non-profit.
Another important thing to consider before you donate used cars is to make sure that the charity is an IRS-approved 501(c)(3) organization. The IRS allows vehicle donors to receive the full market value on their vehicle as a full tax deduction, so make sure that you keep a thorough list of paper trail. Some important documents to keep are IRS Form 8283 for your tax return, outside appraisal if necessary, proof of the donation and a copy of the title change.
1. Cars 4 Homes – Habitat for Humanity is a nonprofit Organization. When you donate used cars to Cars for Homes, you will help your local Habitat for Humanity build and rehabilitate houses with families in need of affordable shelter. They accept Car, Truck, Boat, RV, Motorcycle, Construction or farm equipment and any other vehicle running or not. They provide additional tax documents when required by IRS regulations as a result of the sale value of the vehicle. An IRS approved 501(c)(3) charitable organization.
2. Wheels4Hope – Non-profit, faith-based car donation program in Raleigh and Greensboro, NC. They provide transportation for low-wage families and individuals. An IRS approved 501(c)(3) charitable organization.
3. Kars4Kids – Make a difference in a child’s life. They accept all cars, most boats and rv’s, and any type of vehicle in any condition, running or not. They fund educational, developmental, and recreational programs for Jewish youth and their families. An IRS approved 501(c)(3) charitable organization.
4. American Cancer Society Cars for a Cure® vehicle donation program – Proceeds from the sale of your donated vehicle fund lifesaving cancer research, education, advocacy, and patient services programs. An IRS approved 501(c)(3) charitable organization.
5. Purple Heart Foundation – A not-for-profit charity and national organization composed of combat-wounded veterans who have been awarded the Purple Heart medal. They support veterans & their families. You can donate car, truck, boat or RV. An IRS approved 501(c)(3) charitable organization.
Read our Donate Car for Tax Credit tips!
Want to make a difference and help other people? Read these and be inspired:
Topic: Where to Donate My Car
I hate cutting onions so I asked the age old question how do you stop your eyes from hurting and crying when cutting onions. I was really surprised by the tips. I decided to share them with you. I figured you may also be struggling with the cutting, chopping, slicing or dicing the onion.
Here are some of our recipes with onions:
There are so many places on the internet where you can download or purchase CDs of new and old music. However, for me there is only one place that I will buy music from and that is Amazon. I began to use the Amazon Music Store because I was interested in the Free Amazon Music Samples. I continued to use the Amazon Music Store because of the many benefits that Amazon Music Samples offer. Continue reading
As a tenant paying rent to a landlord, I never really thought about how much it costs to maintain a home. You pay the rent, the electric, water, gas, and trash bills but if something goes wrong, you call the landlord. Hopefully, the landlord cares about the property and sends a repairman out to fix the problem.
On the other hand, as a homeowner, you not only have to pay the mortgage and utilities, you have to budget and pay for various things which can go wrong. There’s the faucet or toilet which starts to leak, the garage door or doorbell which mysteriously stops working, the washer which decides it’s not going to make it through the spin cycle without stopping dead in its tracks. Welcome to home ownership and the repairs associated with it!
These are all things which have happened to our family. These are things which seem to happen at the most inopportune times. The trick to save on home repairs is to have a budget for these eventualities. Each month, we set aside money which is solely dedicated to fixing things around the house. Sometimes there is enough to fix the problem and sometimes there isn’t.
My husband will admit to anyone that he is not a “fix-it” kind of guy. As a landlord with multiple properties, he called in the professionals who fixed the problem and sent him a bill. I’ve teased him over the years about his philosophy of home repairs: “Who do I write the check to?”
Things like a leaky faucet or toilet are generally a quick fix. YouTube is a great resource for these basic items. When our washer stopped mid-cycle, we looked up the problem on the internet by searching the problem along with the model of the machine. Fortunately, we discovered it was a simple problem which was quickly remedied by following simple instructions given on a website.
First and foremost, determine if it is something you can competently fix. If it isn’t, then it’s time to call in the professionals. Be sure the contractor you hire is not only licensed to do the work you require but also bonded and insured. You want a contractor who will stand behind his work. You do not want a “fly by night” contractor that is liable to do more harm than good.
Ask friends to recommend professionals they have used. Once you’ve identified two or three contractors, get written estimates and ask to see their licenses and proof of insurance. If they are truly professionals, they will have no issue producing this documentation. In the end, you won’t be sorry and will most assuredly save on repairs because you won’t have to fix what the fly by nighter made a bigger mess of.
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