Archive for August, 2018

An end to restrictions on political activities of charities?

Friday, August 31st, 2018

Achieving charitable registration status is a significant step, and a significant benefit, to any organization. The organization itself becomes exempt from income tax and, in addition, is able to issue tax receipts for donations made to it, which allow donors to claim a federal and provincial tax credit based on the amount of such donations. The ability to issue such tax receipts gives a charitable organization a measurable advantage when it comes to fundraising.


Posted: Friday, August 31st, 2018 | Categories: Tax Alerts.

Changes to Canada Child Benefit payments for 2018-19

Friday, August 17th, 2018

Millions of Canadians receive payments each month from the federal government and for younger Canadians, especially families with children, such payments will often include the monthly Canada Child Benefit (CCB).


Posted: Friday, August 17th, 2018 | Categories: Tax Alerts.

When the taxman has a few questions …

Friday, August 3rd, 2018

Between February and July 2018, the Canada Revenue Agency (CRA) received and processed just over 28 million individual income tax returns filed for the 2017 tax year. The CRA’s self-imposed processing turnaround goal for each of those returns is to complete its assessment and to issue a Notice of Assessment within two to six weeks, depending on the filing method.


Posted: Friday, August 3rd, 2018 | Categories: Tax Alerts.

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