The only exception to the $500 rule is for C corporations, which must file Form 8283 only if their charitable donation exceeds $5,000. You can list up to five donations to five different ...

You go online, make a 2025 donation to your favourite charity, generating an instant electronic tax receipt that you could immediately enter into your tax preparation software package. And presto, ...

Here are four ways to VERIFY whether donation pages are real or fake, and avoid charity fraud scams. A recent release from the New York attorney general’s office said when researching, look into newly ...

You need to itemize to take a tax deduction for your charitable donations ... For noncash donations of $500 or more, you must submit IRS Form 8283 with your tax return. And for items valued ...

Canadians can make a charitable donation and claim a tax credit for 2024 until the end of February. The Federal Government announced this in an effort to mitigate the impact of last year’s month ...

This story was updated on Jan. 2 with comments from CPA Canada. The deadline for making charitable donations for the 2024 tax year will be extended to Feb. 28, 2025, the Department of Finance said in ...

The federal government plans to extend the deadline for claiming charitable donations on tax returns through to the end of February. The announcement from Finance Minister Dominic LeBlanc comes ...

OTTAWA — Thanks to Canada’s month-long postal strike, Canada’s premiers are demanding the federal government extend this year’s charitable donation claim deadline.