Give to Charity and Help Your Finances
Prairie Eco-Thrifter
AUGUST 8, 2012
Tax Advantage You receive a tax advantage when you donate to charity. It’s not the same as a dollar-for-dollar advantage, but in Canada you receive a federal credit and a provincial credit for donating to a qualified charity. In the United States, there is a tax deduction that reduces income, and, by extension, the tax bill.
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