I was asked a question about my charitable donations post from last week. The question was, instead of the $200 in my example, what if he donated say $1,000 a year... would he be better off getting the credit each year and investing it? For starters, lets break down the ...
Category Archives: Charity
Charitable Donations
This is a very simple option to optimize the tax credit you receive on donations you make to registered charities. You do however, need to have a dependable filing system since you'll be holding on to your receipts for a few years. The first $200 of charitable donations are eligible for a 15% ...
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