All condo corporations in Ontario are legally required to file annual returns with the Condominium Authority of Ontario (CAO). Make sure you are prepared to file your return. Read our blog post about frequently asked questions regarding CAO returns:
Continue ReadingAs of November 2018, CRA will no longer provide peel and stick barcode labels with the Registered Charity Information Return (T3010) package. These barcodes contained the charity’s BN/registration number and the charity’s fiscal year end date. You will continue to receive the Registered Charity Basic Information Sheet (Form TF725) with the package, however, the barcode labels will no longer be on the back of it.
Continue ReadingAs a charity, you may prefer unrestricted donations, as you can determine how to best use those funds at your own discretion. However, you may come across a restricted fund donation when a donor wishes to restrict their gifts for a specific purpose, such as leaving a legacy gift.
Continue ReadingOn June 12, 2018, Quebec Bill 150 received Royal Assent. The Bill includes changes relating to the application of the Quebec Sales Tax (QST) to supplies made by suppliers with no significant presence in Quebec through the implementation of a new “specified registration system.”
Continue ReadingCommunity and connection is what drives people to reach their dreams. Monetary and in kind contributions from individuals, families and businesses from in and around Guelph directly impact our ability to provide a safe space for those experiencing poverty. This incredibly important community support enables us to facilitate a vast variety of programs that promote healthy living, independence, and create a welcoming space so that members of our community may find in HOPE House a place to dream.
Continue ReadingThere is no denying that social media's importance to businesses and organizations, including not-for-profit organizations (NPOs), is growing exponentially. Just this past year, Facebook hit 2 billion monthly users, and this number continues to grow (Tech Crunch, 2017). This makes Facebook the largest social platform.
Continue ReadingTrying to earn a little extra on the side is pretty common these days – everyone could use a little extra spending money. But just because it isn’t your full time job doesn’t mean you don’t have to consider the tax implications. Today we’ll cover an increasingly popular method of earning additional money: Airbnb
Continue ReadingIn order to ensure compliance with legal requirements, and to avoid exposure to legal liability, it is important that the board and senior management of charities and Not-for-Profit Organizations (NPOs) undertake regular legal check-ups to ensure proper due diligence. According to Carters Professional Corporation, the following 10 tips identify key issues that charities and NPOs should address for effective legal risk management.
Continue ReadingEveryone in construction has heard of the changes that the Workplace Safety & Insurance Board (WSIB) has proposed to make to their rate framework. Although we did see decreases in some construction WSIB rate groups during 2017, there is still much confusion and uncertainty over what the future holds for WSIB premiums.
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