How To

While charitable giving goes hand-in-hand with the holiday season, there are a few other reasons to give through Chimp before the year ends. 1. You can give now, get a tax receipt immediately, and choose your charities later If you’re not sure where to give, or haven’t had a chance to research charities that match […]

Charity Matters

While Canada is looking to increase tax incentives for charitable giving, the United States is doing the opposite; President Obama’s tax plan would see charitable deductions cut. At first consideration, Canada’s policy appears more generous to the public. But is it? The proposed tax adjustment in the US will limit wealthy taxpayers to writing off […]

Charity Matters

Would you give more to charity if there was more of a tax incentive to do so? Because those incentives may just be on their way. The Standing Committee on Finance have been meeting monthly since March in Ottawa to discuss the possibility of increasing the current tax incentives for charitable donations to encourage more […]