Four Ways Of Charitable Giving


    People support charities for a variety of reasons, with the types of charities and the amount and frequency of gifts dependent on each person’s financial and personal circumstances, says Marly Peikes, an associate lawyer at O’Sullivan Estate Lawyers LLP. However, as a starting point, she says it is helpful to understand the tax advantages of making donations in the article ‘Four Ways Of Charitable Giving.’ These can include charitable tax credits which can be used to reduce federal and provincial or territorial income taxes.