AIS Solutions logo

BookKeeping. Done Right.

Tax Tip #3 – Charitable Donations

charitable donationsHere is the next tip in our series of Tax Tips.
There is usually an added benefit if payments for charitable donations for two years are grouped into one year. This is due to the fact that the first $200 of donations is eligible for a 15% federal non-refundable credit in 2010 while the excess over $200 is eligible for a 29% credit. You’ll receive a larger credit if you group two years of donations in one year.
As more and more companies and individuals are donating to charities, grouping your donations will decrease your bill to the taxman. And that’s a good thing, right?

Recent Posts

  • All Post
  • Accounting
  • Accounting Software
  • Blog
  • Bookkeeping
  • Business Challenges
  • Business Funnies
  • Business Owners
  • Business Strategy
  • Business Tax
  • COVID-19
  • ECommerce
  • Finances
  • Goals
  • Home Services
  • HST
  • Human Resources
  • Industry News and Views
  • Marketing
  • Motivational
  • Personal Tax
  • QuickBooks by Intuit
  • QuickBooks Online
  • Simply Accounting by Sage
  • Thoughts to Inspire
  • Uncategorized

Ready to Work Together?

With AIS Solutions you receive professional expertise and unmatched service, giving you the clarity you need to run your business with confidence.

Categories

Let's get started!

We believe that your books should be an asset, not a hindrance. With AIS Solutions you receive professional expertise and unmatched service, giving you the clarity you need to run your business with confidence.

Where we are?

  • All Post
  • Accounting
  • Accounting Software
  • Blog
  • Bookkeeping
  • Business Challenges
  • Business Funnies
  • Business Owners
  • Business Strategy
  • Business Tax
  • COVID-19
  • ECommerce
  • Finances
  • Goals
  • Home Services
  • HST
  • Human Resources
  • Industry News and Views
  • Marketing
  • Motivational
  • Personal Tax
  • QuickBooks by Intuit
  • QuickBooks Online
  • Simply Accounting by Sage
  • Thoughts to Inspire
  • Uncategorized

Our Services

  • All Post
  • Accounting
  • Accounting Software
  • Blog
  • Bookkeeping
  • Business Challenges
  • Business Funnies
  • Business Owners
  • Business Strategy
  • Business Tax
  • COVID-19
  • ECommerce
  • Finances
  • Goals
  • Home Services
  • HST
  • Human Resources
  • Industry News and Views
  • Marketing
  • Motivational
  • Personal Tax
  • QuickBooks by Intuit
  • QuickBooks Online
  • Simply Accounting by Sage
  • Thoughts to Inspire
  • Uncategorized