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About John A. Troland
Expertise
I am a professional accountant, small business consultant and business plan writer with 43 years experience ( I am also listed on allexperts website as a volunteer in the category of Writing Business Plans).I can answer questions on what needs to be done to start a small business; forms of legal organization;financing for the business; need for a business plan; questions related to the purchase of a business; risks and rewards of owning a small business; marketing and promotion questions and questions concerning bookkeeping, accounting and tax considerations when starting a small business

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numerous clients over 43 years in retail, wholesale, service and the
manufacturing sectors

 
   

You are here:  Experts > Business > Small Business: Canada > Starting a Small Business > charitable tax deduction

Starting a Small Business - charitable tax deduction


Expert: John A. Troland - 10/6/2009

Question
Hello
 my name is mike and I'm a out of dad trying not to lose everything I Ihave an Idea, thousands of people donate vehicles to company that gives a small part of the recieved profits to charity and recieve a tax deduction every year I would also like to do this I have a lot of knowledge of cars and how to maximize
profits in this feild but I what I need to know is how to set up a tax deduction and find a charity to donate a portion of the  money too

Answer
Mike: Your best bet to bring your business idea to reality would be to contact SCORE/Service Corp of Retired Executives chapter in your area. They can be reached at www.score.org or 800-634-0245.
They offer FREE one on one counseling and assistance in all areas you would need assistance in.

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