April 16, 2024
Canadian Federal Budget 2024 and its impact on non-profits and charities
Today, Canadian Finance Minister Chrystia Freeland introduced the Federal 2024 Budget. Here is a note with our comments on the 2024 Canadian Federal…
April 13, 2024
CRA letter on claiming Canadian charity gifts and the five year carry forward
CRA recently put out a letter dealing claiming Canadian charity gifts and the five-year carry forward. For “most” people, when they donate to…
April 3, 2024
Statistics Canadas’ numbers for 2022 donations to registered charities have been released
Every year I make some comments on Statistics Canada's release of tax data. While in this note, I will discuss their normal release, we have also…
April 3, 2024
Ontario updates Ontario Not-for-Profit Corporations Act (“ONCA”) forms and non-profits should use new forms
The Ontario government has sent out a notice that they have updated a number of the ONCA forms. When preparing an ONCA form always try to use the…
March 24, 2024
CRA Charities Directorate recently released their “Report on the Charities Program 2021 to 2022” – it has interesting information and we provide some comments on the Report
CRA has recently published their Report on the Charities Program 2021 to 2022. Here are some preliminary comments on the Report: The report…
March 22, 2024
CRA advises “Fugitive Brampton tax preparer caught and jailed for $34 million fraudulent charitable donation scheme”
Here is the press release from CRA: Fugitive Brampton tax preparer caught and jailed for $34 million fraudulent charitable donation scheme……
March 17, 2024
CRA updates guidance “P113 – Gifts and Income Tax 2023” with information on the donations and tax incentives
CRA has recently updated guidance “P113-23e Gifts and the Income Tax Act” with information on the donations and tax incentives. CRA updates the…
March 12, 2024
Ebert vs His Majesty the King – procedural decision by FCA relating to donation of wine to a registered charity and valuation
In Ebert vs His Majesty the King, this case deals with what CRA argues is the inflated valuation of wine that was donated to a charity. The CRA…
March 12, 2024
CRA response to Taxpayers’ Ombudsperson’s report “Charity Begins with Fairness: More to Explore”
We have written previously about the Taxpayers’ Ombudsperson's report report "Charity Begins with Fairness: More to Explore" which was released on…
March 12, 2024
CRA reminding Canadian registered charities to use the correct T3010 form
CRA is reminding charities to use the correct T3010 form in this notice, which we have reproduced below. Even better, as CRA notes, is to get on the…
February 26, 2024
How to improve public trust in registered charities in Canada?
I was recently asked what are some ideas about improving public trust in Canada. Isn't public trust high in Canada for registered charities?…
February 26, 2024
Searching for a US 501(c)(3) charity or a Canadian registered charity
If you want more information on a US 501(c)(3) organization here are some suggestions: Google is a great resource The website of the organization or…
February 26, 2024
CRA has recently updated their webpages dealing with the disbursement quota
CRA has recently updated their page Annual spending requirement (disbursement quota). Here are the pages: Annual spending…
February 26, 2024
Grant to Grantees and the New T3010
As many of you already know, in June 2022, the Income Tax Act was amended to include a new way for registered charities to work with non-qualified…
February 26, 2024
Future of Good doing series on charity advocacy and the Alternative Minimum Tax changes and whether the advocacy is misplaced
It is nice to see that Gabe Oatley of the Future of Good is looking at the topic of the proposed changes to the Alternative Minimum Tax and how that…
February 23, 2024
CRA providing more webinars for registered charities on “Registering for My Business Account (MyBA)”
It is very important that Canadian registered charities are on the CRA My Business Account (MyBA) and using the system. The first step is to get on…
January 29, 2024
Interesting Article “The Regulation of Foreign Funding of Nonprofits in a Democracy”
I recently read an interesting article on the "Regulation of Foreign Funding of Nonprofits in a Democracy" by Nick Robinson. The article provides…
January 29, 2024
Toronto Star “Pride Toronto to pay back more than $505,000 to federal government for misuse of grant money”
The Toronto Star recently had an article, "Pride Toronto to pay back more than $505,000 to the federal government for misuse of grant money". The…
January 28, 2024
Corporations Canada creating new intermediary system for users of the Online Filing Centre.
Corporations Canada has an excellent Online Filing Centre that Canada Not-for-profit Corporations Act (“CNCA”) corporations can use for searches and…
January 26, 2024
“Being Effective and Compliant in a Catastrophe” – Presentation to CRCS Ready 2024
Mark Blumberg of Blumbergs Professional Corporation will be presenting the Canadian Red Cross Society conference Ready 2024 at the National Arts…
January 26, 2024
Updates to CharityData.ca in 2024
We have recently made several updates to the CharityData.ca site. The most important updates are as follows: We brought in almost all 2022…
January 15, 2024
New CRA Guidance on Grants to Grantees: Some preliminary comments
CRA has recently released new CRA Guidance on qualifying disbursements but specifically focussed on grants to grantees. This article "New CRA…
January 9, 2024
RCAAA Transparency Project 2023 -Registered Canadian Amateur Athletic Association filings and their financial statements
As part of the Sean Blumberg Transparency Project, we have requested from the CRA's Charities Directorate copies of the Registered Canadian Amateur…
January 8, 2024
CRA reminds charities to use the correct T3010 form and releases new T3010 version 24.
The CRA reminded registered charities to use the correct T3010 form and released the new T3010 version 24. (PDF copy of Registered Charity…