Have you filed your charity information return (T3010B)? Although charities don't have to file income tax returns, filing their information return is one of the most important responsibilities that a charity has. A failure to file results in the Canada...
Are you thinking of starting or joining an umbrella group that oversees other organizations? If so, it's vital that you understand all the legal ramifications, including charitable status, following provincial and federal regulations, disbursement quotas, and basic terminology. Umbrella groups...
I’m the sole fundraiser in a mid-sized organization. I’ve read the CRA Fundraising Guidance, their supporting document, Mark Blumberg’s materials, and attended the AFP webinar with Terry Carter and I’m still confused...can you help? First and foremost, you are doing...
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,...
