DARCARS Lexus of Silver Spring

Archive for 'Car Title' Category
Nov 25, 2022

Donating a car to charity is a wonderful way to help a charity you believe in. It also allows you to get rid of a vehicle you no longer want and to claim a deduction on your next 1040 that you submit to the IRS. If you’re donating a vehicle in Silver Spring, MD, we’d […]

Sep 23, 2022

If you are thinking about gifting a car to a family member near Silver Spring, MD, you need to know a few things. We will discuss the tax implications of gifting a car, how to transfer the title, and other important factors to consider.   You May Not Have To Pay Taxes The state of […]