Have you filed your charity information return (T3010B)? Although charities don't have to file income tax returns, filing their information return is one of the most important responsibilities that a charity has. A failure to file results in the Canada Revenue Agency revoking a charity's registered status. In this podcast, find out what might cause a charity not to file, what happens when a charity doesn't file, and why it is important to file on time.
To receipt or not to receipt, that is the question. Well, actually, that's just one of the questions that crops up when a charity receives a donation. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, reviews the CRA requirements for official donation receipts, the penalties for non-compliance, and some of the common questions that charities face when accepting gifts from donors.
Canada and the United States share the longest undefended border in the world and we consider ourselves to be good neighbours, but when it comes to cross-border donations things can get a bit tricky. Adam Aptowitzer, a lawyer with the Ottawa-based law firm Drache LLP, explains which organizations can issue charitable tax receipts for donations to the US (and vice versa), and which donors can claim these receipts, as well as what happens when charitable foundations want to send funding across the border.
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