Going above and beyond for the charities and not-for-profit organizations in our community.
At Hogg, Shain and Scheck, we appreciate everything that charities and not-for-profit organizations contribute to their communities in Canada.
Our accountants are avid volunteers, and our team is passionate about enhancing the financial stability of the not-for-profit sector by providing experienced and dedicated advisory services for the not-for-profit organizations and registered charities. Currently serving over 250 Charities and Not-for-Profit organizations. If you are a Canadian not-for-profit looking for seasoned accounting professionals to assist with the financial management of your organization, you will find a compassionate, innovative, and reliable accounting team with Hogg, Shain and Scheck.
Professional Advisory and Accounting Services for Charities and Not-For-Profit Organizations:
There are a number of factors related to for-profit and not-for-profit organization accounting that are virtually the same. For example, payroll taxes and reporting expenses and income are the same regardless of your charitable status. However, there are also a number of significant differences. These accounting differences are related to the not-for-profit organization’s allocation of Read More
As a not-for-profit organization you have a mandate to achieve certain goals. The money that is available to your not-for-profit organization is essential for reaching the goals, and a quality bookkeeping system is essential to keep track of and manage that money. Since the funds are such an essential part of keeping your organization running, it Read More
Although a Not-for-Profit organization (NPO) may be thought to be the same as a charitable organization there are significant differences. What is a Not-For-Profit Organization? A NPO can either be incorporated or not incorporated. A NPO is a club, society, or association that is not a charity. It is organized and operated solely for: ■ Read More
Our Toronto-based tax accounting clients often ask us, “How much money do you get back for charitable donations?” That, of course, depends on a lot of factors. However, Canada Revenue Agency (CRA) is making it easy for you to calculate exactly how much you can receive in tax credits for your charitable donations. Their website Read More