Non-Profit Organization (NPO), Charity, Trust, & Estate Tax Services

Non-Profit Organization (NPO)

Donovan works with each organization to ensure they remain up to date on CRA and IRS filings while assisting in the transition of relevant regulatory requirements.

Charity Organizations

Donovan works with organizations to ensure they are up to date with required tax filings and receiving a consistent and accurate financial picture for both management and your members/donors.

Trusts

Trusts can be a very effective and appropriate way to allocate income or assets to the beneficiaries you choose. In doing this, you can effectively "spread the wealth" by reducing the overall tax burden.

Estates

Donovan works with each client to take advantage of all available deductions and prepare and E-File (when available) all initial/on-going/final returns in either the U.S or Canada. 

Tax Returns for Charitable Organizations

As a Charity, the level of accountability to both tax agencies and your donors is increased. It is imperative to remain informed and compliant with tax reporting requirements.

Registered charities are required to file an annual Information Return on Form T3010 each year. This return discloses both financial and non-financial information with regards to the charity’s operations, fundraising and political activities, as well the assets they hold and manage. Careful attention should be paid when assets inside of the charity exceed $100k to ensure adequate disbursements are being made to maintain charitable status.

Charities can be formed for a variety of different reasons and can hold various forms, but ultimately a charity must devote it’s resources to charitable activities that benefit the public and whose income cannot benefit their members. Some of the benefits of forming a charity can include an exemption from income taxes and possibly GST/HST as well as the ability to issue charitable receipts for amounts received from members/donors during the year.

Tax Planning for Non-Profit Organization (NPO) in Canada

A Non-Profit Organization (NPO) in Canada is very similar to that of a Charity with the main difference being they are unable to issue charitable donation receipts to members/donors. It must be both organized and operated exclusively for social welfare, civic improvement, pleasure or recreation, or for any other purpose except profit. An association may also be organized and operated exclusively for any combination of these purposes.
"My goal is to make tax season as stress-free as possible...to serve as your “interpreter”, if you will. By carefully planning your affairs and being a bit proactive, you will find the whole process relatively painless and financially rewarding."
Donovan Scott, CPA
In addition to filing a T2 Corporate Income Tax Return or a T3 Trust Income Tax and Information Return (depending on the organizational type), NPO's are required to file a T1044 Non-Profit Information Return is required to be filed each year with the CRA. This requirement is slightly different for amateur athletic association, who must instead file Form T2052 Registered Canadian Amateur Athletic Association Return of Information.

Download Tax Forms

T2 Corporate Income Tax Return
2016 and later tax years
87 KB
Download
T3 Trust Income Tax and Information Return
2017
80 KB
Download
T1044 Non-Profit Information Return
2014
34 KB
Download
T2052 Registered Canadian Amateur Athletic Association Return of Information
2013
28 KB
Download
Information Return on Form T3010
2018
63 KB
Download

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Personal Tax Services

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USA & Canada Tax Services

Are you a U.S. resident living in Canada? No problem, we can help you with your taxes.

Your Non-Profit Organization (NPO), Charity, Trust, & Estate Tax Specialist

Donovan Scott, CPA

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Donovan Scott, CPA
212-198 Island Hwy E,
Parksville, BC V9P 2H7

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