This Charitable Giving infographic illustrates ways to support charitable organizations and some financial benefits whether you take an immediate approach to giving, or a long-term philanthropic approach. If you have an interest in giving and philanthropy, there may be a number of options and tax benefits offered, depending on your goals and objectives.
Charitable Giving Infographic
Giving back to support the causes that are important to you is also good tax planning.
Companion Calculator
Calculating the tax benefits of charitable giving in Canada requires consideration of both federal and provincial tax rates, as these vary depending on the province of residence. Note this infographic is available for each province. The amount of tax savings from charitable donations is determined by applying these rates to the total amount donated, up to the allowable limits. Advisors can use the Charitable Donation Calculator can help clients understand how these tax credits apply in their specific circumstances, offering clarity on how much they can expect to save on their taxes by donating to registered charities.
Start the Estate Planning Conversation
For those interested in optimizing their tax planning through charitable giving the Charitable Giving infographic helps to get the conversation started. These resources can provide insights into maximizing tax efficiency while supporting meaningful causes. By taking advantage of available tax credits, individuals not only contribute to positive change but also enhance their financial planning by reducing their tax liabilities.
This infographic also works well with the Year End Planning infographic.
Companion Calculator
Charitable giving calculators help to incorporate prudent ways to support organizations that are important to you within the context of your financial plan. Companion calculators include:
• Gifts in Kind
• Charitable Giving
• Donating Shares to a Charity
• Donate Some Shares, Sell Some
Infographic Features
Communicate Complex Concepts
Financial Infographics are an effective way to take complex ideas, filled with data and facts and simplifying the story using with visuals. When clients and prospects gain insights quickly, the content is more memorable.
Current & Shareable
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Personalized
Infographics are personalized with the advisor name, contact information and company logo.