January 2025 Poll

Do you agree with extending the charitable donations giving deadline to February 28, 2025 for the purposes of reducing taxes on the 2024 tax return?

Comments


Yes, only because of the mail strike. If they don’t give the credit for the 2024 tax year people won’t donae until later in 2025 and the charities will not reach thir goals in 2024.

By JOHN BIRD on January 04, 2025


Most charities accept donations and provide electronic receipts.  Donations can be carried forward for 5 years enabling 2024 donations to be deducted up to 2029.  The mail strike should not be an adequate reason for this temporary tax change as there are alternatives to receiving receipts.

By Marilyn Sims on January 03, 2025


I would say no because there are many ways besides mail to send donations to the charities of choice.  There was enough coverage of the postal strike to let people know to find alternate ways to ensure their giving was on time.  Also, most charities run on a calendar year so their record keeping would be much more complicated if they were to include receipts given after the year end.

By Robert on January 03, 2025


Yes, Charities have suffered by not getting their annual mail request to their regular donors and cheques were not mailed to charities; I think it is fair for the charities to phone or email their regulars to get their normal end of year donations and fair to the taxpayer to make their end of year donations up to the end of February 2025.

By Anni on January 03, 2025


yes the more deduction one can make would be greatly beneificial

By Tammy Machan on January 03, 2025