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About the author: Kara Bonis
Kara is a member of our accounting team and has a degree in International Development and Political Economics from the University of Guelph, and a second bachelor’s in AAIT from Conestoga College. Her passion for merging her two fields led her to accounting, particularly focusing on not-for-profits. She aims to make finances more accessible to NPOs and charities, ensuring they follow standards to maximize their impact with limited funds and become eligible for grants through proper reporting and assurance.

Donation Strings

Donation Strings
June 21, 2021
| By
| Not-For-Profit Services

There may be times when it is best not to accept a donation. Pause here for all those who work in fundraising to catch their breath and get over the initial shock. It would be heartbreaking to turn down funds when that is what most charities and not-for-profits seek out, but when a donation comes with strings attached, it is crucial to consider the impact of those restrictions. The saying “don’t look a gift horse in the mouth” is the worst piece of advice for organizations who are offered a restricted donation. But do not lose hope. There are steps to take before having to resort to refusing a gift. So first, let us imagine the scenario. Someone comes to you with the offer of a gift of money, but they want to have a say in how it is used.

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I’ve Submitted my Tax Return on Time… Now What?

I’ve Submitted my Tax Return on Time… Now What?
May 5, 2021
| By
| Bookkeeping, Tax Accountant, Tax Planning, Taxes

Cheers to making the “April 30th deadline”! So… now what? Now it’s a “choose your own adventure” based on your situation. 

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