"Hidden Funding: Protect Your Charity from Costly Mistakes"

Minister Ashfield announces funding to help charities and protect Canadians

17 June 10
Canadian Tax News

The CRA will be providing almost 3 million in contribution funding for innovative education and training projects carried out before March 31 2011. The projects chosen will educate charities on complaint fund raising practices and about tax donation arrangements and false receipting, and will promote transparency and accountability in the sector. To find out which organizations submitted successful proposals and to read more click.

http://www.cra-arc.gc.ca/nwsrm/rlss/2010/m06/nr100611-eng.html

Phil Hogan, CPA, CA, CPA (Colorado)

Phil Hogan is a Canadian and US CPA working with clients throughout Canada and the US. Phil advises on cross border tax and financial planning matters. Phil can be reached at phil@beaconhillwm.ca or via telephone at 778.433.1314. You can also read more about Phil at www.Beaconhillwm.ca/team/about-phil/

To book a complementary cross-border consultation with our team (limitations apply), please click here: https://beaconhillwm.ca/get-started-now/

This commentary reflects the personal opinions, viewpoints and analyses of the Beacon Hill Wealth Management Ltd. partner providing such comments, and should not be regarded as a description of advisory services provided by Beacon Hill Wealth Management Ltd. or performance returns of any Beacon Hill Wealth Management Ltd. client. The views reflected in the commentary are subject to change at any time without notice. Nothing in this commentary constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Beacon Hill Wealth Management Ltd. manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Any discussion about taxation is for educational purposes only and should not be viewed as professional advice. Consult your tax professional for tax advice on your particular situation.

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