Because community is so important to us, we've stayed involved this summer helping with several valuable initiatives.
Willsey Davis & Co. LLP supported students by raising funds for scholarships and bursaries as the putting green sponsor for the 2014 GPRC College Classic Golf Tournament.
Donating by Will
Making a donation through a Will, as opposed to just prior to death, may be advantageous for a number of reasons.
A donation through a Will is not subject to the general income limitation; living donor claims are limited to 75% of the net income.
T1135 Foreign Property Disclosure
On July 8, 2014, CRA released a revised version of the Form T1135 - Foreign Income Verification Statement, relieving some of the onerous filing requirements as announced on June 25, 2013 and later on February 26, 2014. CRA noted that these changes will apply to T1135 filings for 2014 and later tax years.