Charitable Donations and Tax – Three ways to maximize your tax credit

It is better to give than to receive, but what's even better is getting a tax credit from Canada Revenue Agency (CRA) for it. Here are three tax tips on how to make the most of your charitable donations on your Canadian income tax return. VIDEO: Charitable Giving and Tax in Canada - Three Things [...]

Gifts In Kind (Donating Art to Charities)

Visual artists can donate their own work to charity and get a donation receipt; but the tax advantages are minimal when the transaction is handled properly. In some cases it can actually cost you money to report the transaction at all. When an artist donates their work to a registered charity, the charity can issue [...]

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