We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the CRA reporting for you.
Each year the CRA requires most tax-exempt organizations to submit information return or T2 Corporation retuen if it is incorporated non-profit organization. The information required includes the following items.
The CRA uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So it's imperative that you build your accounting system around these revenue and expense classifications.
We are happy to prepare any of these items if you need help.
Let us help you setup and/or maintain your non-profit tax-exempt status by requesting a free consultation below.