In 2010, both British Columbia and Ontario will begin using a harmonized sales tax. This change will have an impact on nonprofits and charities in many different ways, including with regard to federal tax rebates and exemptions. Listen to this...
Many Canadian nonprofits belong to some type of international association and gain valuable benefits from doing so. But membership in an international organization does carry with it some legal ramifications, making it vital for nonprofits to know their rights and...
Canada's new Not-for-profit Corporations Act received royal assent this past June, and could affect upward of 100,000 organizations throughout Canada. This podcast outlines how to find out whether your organization is affected, what you need to do if you are...
In June, the Canada Revenue Agency (CRA), after consultations with numerous sector organizations, including Imagine Canada, Health Charities Coalition of Canada, and the Association of Fundraising Professionals, announced the release of new fundraising guidelines for the nonprofit community. A detailed...
The Canada Revenue Agency (CRA) recently released a new Guidance on Fundraising document, with the purpose of educating charities on what is considered appropriate, and legal, with regards to fundraising activities. Since the CRA will be auditing charities' fundraising activities...
What do I need to know about Canada Revenue Agency (CRA)'s new Guidance on Fundraising? That's an excellent question for all of us to ask...even with 20+ years in the profession! Go to the CRA website to find the new...
For board members and executives joining the nonprofit community from other industry sectors, the issues around taxation can be quite novel. Nonprofits, for example, are exempt from paying income taxes. Yet every nonprofit has a number of important tax obligations,...
Let's say your organization is experiencing a decline in volunteerism and no matter what you try, you can't seem to stem the tide. Meanwhile, thanks to the economic downturn, your expenses are escalating, making the lack of volunteers an even...
As of May 2009, the Canada Revenue Agency (CRA) replaced the Registered Charity Information Return with a new form, the T3010B. The new form contains far more detailed content, and because of the nature of the questions it is essential...
What do you mean our charitable tax receipts are incomplete? We’ve been using the same ones for the last 20 years! I won’t pretend to be the authority on tax receipting. I’d prefer to leave that up to Canada Revenue...
