Accounting, Bookkeeping, Income Tax Preparation, And Consulting Forum

National Revenue Minister Kerry-Lynne Findlay defends a decision by her agency to cut a special enforcement unit investigating organized crime as well as new…

MPs Michelle Rempel, Peggy Nash and John McCallum discuss whether the Canada Revenue Agency is being used for political purposes targeting charities. Once more, Conservative Michelle Rempel will not answer a question, asked several times, about what other groups are being targeted for this kind of scrutiny. Charities silenced by the taxman (May 16, 2012) GERRY NICHOLLS (former VP of the National Citizens Coalition) www.theglobeandmail.com Wealthy foundations wary of Harper’s crackdown on charities (May 10, 2012) www.theglobeandmail.com Majority of oil sands ownership and profits are foreign, says analysis (May 10, 2012) business.financialpost.com CRA audits charitable status of Tides Canada amid [More]

The following is now available on the CRA Web site: News Release Ottawa, Ontario, December 9, 2009… The Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture and Agri-Food), has a message for Canadians who donate to charity: “Be an informed donor.” The Canada Revenue Agency (CRA) is reminding Canadians who plan to give to a registered charity this holiday season to go to http://www.cra.gc.ca/donors or call 1-800-267-2384 for tips on how to be an informed donor. “While the CRA is actively engaged in educating registered charities on their obligations under the Income Tax Act, it is [More]

The following is now available on the CRA Web site: News Release.. Ottawa, Ontario, August 11, 2008… The Canada Revenue Agency (CRA) has revoked the registered charity status of International Charity Association Network (ICAN) effective August 9, 2008. On December 3, 2007, the Minister of National Revenue issued a notice of intent to revoke the charitable registration of ICAN, in accordance with subsection 168(2) of the Income Tax Act. ICAN filed a motion with the Federal Court of Appeal seeking an extended period before revocation, which was subsequently dismissed. In its decision, the Court stated, in part, that: I have [More]

Here’s a good site to check the validity of Canadian charitable donations made during the year, directly on the Canada Revenue Agency website … https://apps.cra-arc.gc.ca/ebci/haip/srch/sec/SrchLogin-e?login=true This site is handy for me checking to see if charities are legit or not. A client insisted that a charitable contribution was made during 2005. After looking at the receipt, I informed my client that it was not an official charitible donation, that although in the good of their hearts the receipt does show a generous contribution made to a company, and it was described as a “donation” .. there was no registered charity [More]