EVENT DESCRIPTION

Every year Canadian registered charities must file the T3010 Registered Charity Information Return. If charities do not file the form, they can be revoked by CRA for non-filing. If there are mistakes on the T3010 it can lead to significant consequences for your charity clients. The T3010 is a complicated form dealing with legal, accounting and operational issues. This seminar will focus on the legal and operational issues and not the accounting issues.

TOPICS INCLUDE:

  • Vital Income Tax Act definitions needed to complete the form
  • The T3010 guide and its importance
  • CRA Guidances and how they impact the T3010
  • Common mistakes in completing the T3010
  • Consequences of incomplete or inaccurate T3010 filing
  • Schedules and other documents required to be filed with the T3010
  • Strategies for filing T3010 accurately and in a timely fashion
  • Fixing past mistakes with the T3010
  • Other mandatory and suggested transparency requirements
  • Tools to review T3010 filings
  • How the T3010 information is being used and misused

WHO WILL BENEFIT:

This seminar will be of use to accountants and other professional advisors who wish to understand the legal environment for charities and who are involved with advising charities or auditing charities. As well those who are involved with the governance of charities such as serving as a board member or officer of a charity. Also it may be of interest to those who would like to be more involved with the charitable sector.