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All items tagged with: charitable giving

Poll Results: Advisors Must Put More Emphasis on Discussing Charitable Giving

Posted: January 09, 2018 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , knowledge bureau, tax returns, charitable giving, Evelyn Jacks, income tax, tax courses, financial advisors, tax advisors, financial education, Knowledge Bureau poll, online education, Super Donor Credit, donation tax credit, charity tax credit, resolutions

In December, we asked Knowledge Bureau Report readers, “In your opinion, are tax and financial professionals taking the time to help clients understand the benefits of charitable giving?” In a surprising result, only 17 percent thought their peer group was spending enough time counselling their clients how to make donations in a tax-efficient way.

Advise Clients on How to Give to Charities Tax-Efficiently

Posted: April 24, 2014
Posted in: Your Professional Development, Investment & Retirement, Succession & Estate Planning , charitable giving, investment strategies

Expand your career with a solid understanding of strategic charitable planning and assist your clients with philanthropic goals as part of an overall wealth management plan. Enrol in Investment Strategies in Charitable Giving and save $50.

Maximize Charitable Donation Opportunities Before Year End

Posted: November 26, 2013
Posted in: Your Professional Development, Bookkeeping and Accounting, Investment & Retirement, Succession & Estate Planning, Tax Planning , charitable giving, charitable donations

Use Knowledge Bureau’s Donations Savings Calculator to help determine the tax savings and after-tax cost of charitable donations. Try a free demo!

Year-End Planning: Verify Charitable Status

Posted: October 28, 2013
Posted in: Strategic Thinking, Distinguished Practices, Succession & Estate Planning, Tax Planning , tax court, charitable giving

Year-end is charitable giving time, but remembering to verify the tax status of any organization that you intend to donate a considerable sum to is very important as not all benevolent oriented organizations will allow a tax credit under the Income Tax Act. Last month, a hopeless appeal was lost in the Tax Court of Canada, for example.  

Evelyn Jacks: Donate Securities – Review Portfolios for Winners and Losers before December

Posted: October 15, 2013
Posted in: Breaking News, Investment & Retirement, Succession & Estate Planning, Tax Planning , charitable giving, charitable donations

An effective year-end tax strategy is to donate to charity. Investors can do so by transferring qualifying shares to their favorite charity and avoid capital gains taxes by doing so. 

What is the Timeline for Claiming Charitable Donations?

Posted: October 15, 2013
Posted in: Strategic Thinking, You Asked Us, Tax Planning , charitable giving, charitable donations

Gifts made by you or your spouse in the current year or in any of the immediately preceding five years can be claimed on this year’s return so long as those donations have not already been claimed.