Resources & Articles

Not for Profit


Meet the Not-for-Profit Industry Advisory TeamDecember 10th, 2021

Meet our team of Not-for-Profit Industry Advisory professionals. They understand the unique business needs of Not-for-Profit organizations and know the specific challenges that are faced.
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Are There Benefits to Gifting Publicly Traded Securities to a Charity?October 28th, 2021

If you own publicly traded securities (stocks, bonds, or mutual funds), outside of a registered account (RRSP, RRIF, TFSA), you may be wondering if there...
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GST/HST with Early Payment Discounts and Late Payment PenaltiesMarch 22nd, 2021

As an incentive to improve cash flow, many companies offer early payment discounts to their customers, such as 2/10 net 30 terms (i.e. two percent...
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We Understand the Unique Business Needs of Not-for-Profit OrganizationsMarch 3rd, 2021

Not-for-Profit organizations are unique businesses and we understand that. We know the specific challenges you face, as many of our DJB advisors are board members...
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CONTRIBUTIONS OF GOODS OR SERVICES TO AN NPO: Tax ImplicationsAugust 18th, 2020

In a January 6, 2020 Technical Interpretation, CRA considered whether a deduction was available to suppliers who contributed in-kind goods or services to an NPO...
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UNCOLLECTIBLE ACCOUNTS: Making Them ValuableJuly 24th, 2020

Tax Possibilities – Bad Debt Write-off As many businesses are struggling to collect outstanding amounts, it may be worthwhile to identify any receivables which have...
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DONATION RECEIPTS: How Complete Is Complete?July 3rd, 2020

Charities should ensure that any donation receipts issued are fully compliant with the tax rules. Failure to do so may result in the donor being...
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Annual Financial Statement Preparation – What Are My Options?January 8th, 2020

All corporations, for-profit and not-for-profit, must prepare annual financial statements to accompany their tax filings with Canada Revenue Agency. However, determining the “type” of financial...
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