Eighty percent of Canadians plan to make a charitable donation in the next 12 months.
Donating to charity can be rewarding, both personally and financially.
Montreal Canadiens player P.K. Subban is donating $10 million Montreal General Children’s Hospital, says the NHL.
Canada has extradited a former tax preparer from Italy to serve a 10-year sentence for tax fraud, CRA says.
Publicly traded securities donated to registered charities are exempt from capital gains tax. The government is now eyeing implementation of a Budget 2015 proposal that would give the same treatment to private company shares and real estate, notes Kim Moody, director at Moodys Gartner Tax Law in Calgary.
Like compound interest, compounding goodwill means that the efforts you put forward compound and then return back to you in increasing amounts. Here's how we use that to build our brand.
Last year’s budget changed some of the donation rules, and this article will examine how these changes will impact estate planning.
Few Canadians are claiming the first-time donors super tax credit, reports The Globe and Mail. The credit, which was launched in 2013, lets people donating to registered charities for the first time claim an additional 25% non-refundable tax credit. The Globe says uptake has been just 20% of what the government predicted it would be. […]
Canadian tax filers donated more in 2014 than in 2013, according to new data released by Statistics Canada. The number of donors across the country dipped by 1%, it adds, but “total donations rose 3.5% to $8.6 billion, with gains in every province and territory—except the Northwest Territories, where donations were 2.7% lower.” Read: How […]
Beware of tax preparer receipt schemes