Benefits of Giving
There are many benefits to giving to Easter Seals Nova Scotia. Some give for philanthropic reasons such as giving back to the community. Others give for financial benefits, recognition or legacy naming opportunities. Charitable giving is a wise investment that enables you to:
- Make a significant contribution to a cause in which you believe.
- Direct your donation to support any aspect of Easter Seals Nova Scotia.
- Every dollar that you contribute goes directly to the designation you select.
- Maximize your tax, financial and estate planning benefits.
- There are many options available to make giving fit your budget.
- Establish a named fund in the memory of someone or perpetuate the name of a business.
- Leave a truly meaningful gift for which you will be remembered.
- Many employers match gifts made by their employees helping your gift go even further.
Charitable Tax Credits
All donations made to Easter Seals Nova Scotia are tax deductible and are issued a tax receipt upon receiving the donation. Monthly donors can choose to have their tax receipts mailed to them monthly or annually. Donors then receive tax credits when including the receipt in the filing of their annual income tax return.
Depending on how you file your return, you have to either include copies of your official tax receipts with the paper return, or keep them for possible review at a later date if you file your return electronically.
You apply the credit directly against the tax you owe, instead of deducting it from your taxable income. The charitable tax credit also reduces surtaxes and provincial or territorial taxes. The exact value of the charitable donations tax credit varies slightly according to your taxable income and province of residence.
For the most accurate information on tax credits, visit the Canada Revenue Agency. Easter Seals Nova Scotia also encourages donors to seek professional, legal and financial advice before deciding on a course of action.
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