Padgett Business Services, the Small Biz Pros, provides professional small business accounting, tax preparation, bookkeeping, and payroll processing services in London in the province of Ontario, Canada.

RELATIONSHIPS

"Padgett knows my business inside and out. In fact, sometimes I think they know more about my business than I do. And they are always there when I need them"

DEPENDABILITY

"Dependability was a critical factor for me when selecting a service provider. Padgett has exceeded my expectations"

EXPERIENCE

"I remember thinking my Padgett representative really did his homework, because he was so plugged into the realities of small business. Then it dawned on me, he runs his own Padgett office, which is a small business. He's talking from experience".

PEACE OF MIND

"I sleep better at night with Padgett on my team. Taxes, Payroll, government compliance - I don't worry about those things anymore and now I'm able to really focus on running my business."

QUALITY RELATIONSHIPS BREED SUCCESS

Integrity - This essential quality of our relationship will allow you to focus on what's most important: building and growing your business.

QUALITY RELATIONSHIPS BREED SUCCESS

Integrity - This essential quality of our relationship will allow you to focus on what's most important: building and growing your business.

UNIQUE BUSINESS ISSUES REQUIRE UNIQUE SOLUTIONS

We understand that no two small businesses are alike. That's why we offer a complete range of services. We analyze your individual needs and put together the combination of services that works for you, the small business owner.

Where Your Success
Takes Root

Tax Alerts

Make your charitable donations count for the 2011 tax year

2011-12-21

Did you know...

... that any charitable donation you make to a registered charity before the end of December can be put towards your income tax return for 2011. Or you can combine this year's donation with any unclaimed official donation receipts from the past five previous years.

Important Facts

  • The charitable donation tax credit is non-refundable and can be used to reduce your income tax for a tax year.
  • Only registered charities and other qualified donees can issue receipts that can be used for income tax purposes. Confirm that an organization is registered by searching the CRA Charities Listings.
  • Remember, whether you file on paper or online, keep your receipts and proof of payment in case you are contacted by the Canada Revenue Agency (CRA).
  • In most cases, the total of your claimed charitable donations cannot be more than 75% of your net income in any one year.
  • Total donation amounts above $200 qualify for a higher tax credit rate. You can maximize your tax credits by:
  • § including unclaimed donations from the past five years; and
  • § combining your receipts with those of your spouse or common-law partner.

Learn more

To find out how much a donation could benefit you this tax season, try out the CRA's new charitable donation tax credit calculator, or go to www.cra.gc.ca/donors, call 1‑800‑267‑2384, or watch the Giving to Registered Charities 101 videocasts on the CRA YouTube channel.

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