Byline: Beth Gallaspy

Nov. 29--Hoping to turn a used car into a tax-deductible donation to charity? Better hurry.

A change in tax law means those generous donations won't bring as big a break from the Internal Revenue Service after Jan. 1.

Under current law, a taxpayer filing an itemized tax return can deduct the fair market value of an automobile given to a nonprofit.

Starting next year, if the charity resells the vehicle, the maximum deduction will be the sale price.

Emily Compton, president of Goodwill Industries in Southeast Texas, said her agency is apprehensive that people might not be as willing to donate after the change.

The program garnered ...