Not For Profit Accounting & Tax Updates 2023
- When
- October 25, 2023
- Topic
- Business Advice
Our expert speakers explore issues related to Accounting and Tax Standards, along with other topics vital to your non-profit organization to help you prepare for the upcoming year.
This year’s event agenda will include:
– HST Hot Topics
– Accounting Standards and Financial Reporting Update
– Tax Updates
– Payroll Tax Implications for Remote Working Environment (Canadian)
– IT Risks and Cybersecurity Update
Related Resources
Let’s Talk Capital Gains! Jim on the Hardlines Podcast
July 23, 2024 – Jim speaks with Hardlines Editor Steve Payne about the implications of the Capital Gains tax, with a few examples on what some business owners could do in response to these recent changes.
2023 Year-End Tax Planning
December 05, 2023 – With 2023 coming to an end, now is a good time to discuss year-end tax planning strategies with your Welch advisor. We can help you review your tax situation and advise on the best course of action, considering the issues and upcoming changes noted in this blog:
The Art of the Deal
November 27, 2023 – Thank you to all of the business leaders who came out to our private evening with the Ottawa Senators Hockey Club on Monday night!
Mythbusting SR&ED: Understanding the Program and How to Optimize It
November 22, 2023 – To make the most of the Scientific Research & Experimental Development (SR&ED) program and the financing opportunities that go along […]
Canada’s Institutional Capacity: Exploring Implications in a Complex World
January 17, 2024 – Canada’s Institutional Capacity: Exploring Implications in a Complex World- as we delve into the dynamics of Canada’s political and business institutions and their impact on the state of the economy.
Enhanced GST Rental Rebate for Purpose Built Rental Housing
November 15, 2023 – The stated purpose of the enhanced GST rental rebate is to incentivize construction of rental homes for Canadians. The enhanced rebate will apply to new purpose-built rental housing construction projects that begin on or after September 14, 2023, and on or before December 31, 2030.
Purchasing a capital asset? Consider buying it now to advance your tax savings.
September 30, 2023 – If you are considering purchasing an asset to use in your business in early 2024 you should really consider advancing that purchase to take advantage of these rules. The advantage of the advanced deduction to reduce overall taxable income in the current year and potential cash savings for those companies that would otherwise have a tax bill is clear.
Underused Housing Tax (UHT) Deadline Coming Soon
September 18, 2023 – The initial deadline to comply with the compliance requirements was set for April 30, 2023; however, CRA has provided a first-year transitional relief and extended the deadline to October 31, 2023.
Third Party Risk Management
June 14, 2023 – As a business owner, how can you be sure that you are choosing good technology and business process service providers for your organization? There are multiple factors involved in this decision-making process.
No Tax Filing Extensions Due to CRA Strike
April 19, 2023 – With recent news of the labour disruption at the Canada Revenue Agency (CRA), it is important to note that there are no extensions to Canadian tax filing deadlines planned at the moment and CRA will continue to accept all tax returns.
Market Outlook: Where Will Inflation Go From Here?
May 17, 2023 – With recession risks building, where will inflation go from here? On May 17 at 11:00am, Welch LLP’s Family Wealth Advisory Group and guest speaker Craig Basinger, Chief Market Strategist of Purpose Investments, will host an informative discussion on the market outlook.
New Underused Housing Tax (UHT)
March 20, 2023 – Effective January 1, 2022, new legislation came into effect in Canada, and with that, additional annual tax filing requirements with severe penalties for non-compliance.
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