Resources & Articles
Not for Profit
Meet the Not-for-Profit Industry Advisory Team
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?
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 Penalties
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 Organizations
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 Implications
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 Valuable
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?
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?
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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