Planning your taxes Comparison and looking for ways to minimize your tax liability? Donating to charitable organizations is a fantastic way to give back and potentially maximize your reimbursement. By making a tax deductible contribution, you can claim a deduction on your tax return, putting more money back in your wallet. Research the different ty

If you propose to claim itemized deductions for charitable contributions on the tax return, the deduction Restrict has reverted back to the highest of sixty% of the AGI. As noted earlier mentioned, the exact percentage you'll be able to claim is influenced by the type of contribution. particular businesses with Canadian addresses stated can be int