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 [...]
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 [...]
The Case of the $104 Shoebox: group your charitable donations over several years to save on your taxes.