http://claimbackmytaxes.com Donating Goods to Charities by Richard Sherry

2011-08-17 6

http://claimbackmytaxes.com for more information
Hi, this is Richard from claimbackmytaxes.com. You are here because you know you pay too much in income tax each year. You see those deductions on your paycheck every month and you know that it is a big chunk of the money you make. I am here to tell you that you do not have to pay all that tax at the end of the year. That you can get back all of that income tax, I can show you how it happens, how it works, why it works and why you should do it.

A lot of questions I get from people involved whether or not it is okay to give to charities things that are not cash. Most people write a check, use a credit card, send cash. In this case, in this program, you are going to be donating goods, in this case, AIDS drugs. And is it okay to do that? Well, the answer is yes. In fact Canada has one of the most generous regimes in its tax system about donating what are called “in kind goods”.