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Why nobody gets a tax benefit when you donate at the checkou
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Author:  Newsbot [ Mon Jul 25, 2022 9:56 am ]
Post subject:  Why nobody gets a tax benefit when you donate at the checkou

Title: Why nobody gets a tax benefit when you donate at the checkout
Category: Economics
Posted By: DrCaleb
Date: 2022-07-25 09:43:33
Canadian

Author:  DrCaleb [ Mon Jul 25, 2022 9:56 am ]
Post subject: 

The cynic in me just thinks the store only donates a small percentage to charity, and pockets most of it.

Author:  raydan [ Mon Jul 25, 2022 10:27 am ]
Post subject:  Re:

DrCaleb DrCaleb:
The cynic in me just thinks the store only donates a small percentage to charity, and pockets most of it.

Must be why I never donate at these things.

Author:  DrCaleb [ Mon Jul 25, 2022 11:58 am ]
Post subject:  Re: Why nobody gets a tax benefit when you donate at the checkou

I don't, because they often don't name a charity, or name a charity that isn't registered in Canada, like "Habitat For Humanity". (They are a non-profit)

Author:  Tricks [ Mon Jul 25, 2022 1:38 pm ]
Post subject:  Re: Why nobody gets a tax benefit when you donate at the checkou

The only one I'll typically do is firehouse subs. They have a charity setup to go to first responders to use/give back to their communities. And they do it right where instead of asking for x amount, they just ask if you want to round up to the closest dollar.

Plus their subs are great [drool]

Author:  herbie [ Mon Jul 25, 2022 1:50 pm ]
Post subject:  Re: Why nobody gets a tax benefit when you donate at the checkou

It's because THEY get the tax receipt for YOUR donation.
You think all that loose change donated at SaveOn and Jimmy P. doesn't get a receipt when he donates it all in bulk?

Author:  JaredMilne [ Mon Jul 25, 2022 9:32 pm ]
Post subject:  Re: Why nobody gets a tax benefit when you donate at the checkou

This is why I do all my donations on my home computer. I get the receipt straight from the charity, and I can save it for when I do my taxes.

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