Compliance the board can rely on.
Bookkeeping, filings and financial reporting for registered charities and non-profits, from a chartered accountant who understands what the CRA and your board each need to see.
Registration is easy to keep and easy to lose.
A registered charity has an annual return, a disbursement quota, receipting rules and restrictions on activity. Missing any of them puts the registration itself at risk, and revocation is far harder to undo than to avoid.
We keep the filings current, the fund accounting clean, and the board reporting clear enough to actually govern from.
What these businesses actually need.
Fund accounting
Restricted and unrestricted funds tracked separately, with reporting the board can read.
Staff and stipends
Payroll run and remitted, including the treatment of honoraria and volunteer reimbursements.
GST/HST rebates
The public service body rebate claimed, and returns filed where the organisation has taxable activity.
Board reporting
Budgets, reserves and financial statements prepared for board and funder review.
The issues that come up most.
The T3010
The registered charity information return is due six months after year end, and late or inaccurate filing is the most common route to losing registration.
Receipting
Official donation receipts have specific required content and rules on split receipting. Incorrect receipts are a compliance issue for the charity, not the donor.
Restricted funds
Money given for a purpose has to be tracked and spent on that purpose. Without fund accounting, the organisation cannot demonstrate it did.
Three steps, no surprises.
Review the obligations
Registration status, filing history, receipting practice and fund structure reviewed.
Set up the books
Fund accounting, payroll and rebate claims running, with board reporting on a schedule.
File and report
T3010 or the non-profit return filed on time, with statements prepared for the board and funders.
The ones we get asked most.
What is the T3010?
The Registered Charity Information Return, due within six months of your fiscal year end. It is public, and it is the CRA’s main window into the organisation.
What is the disbursement quota?
A minimum amount a charity must spend annually on its charitable activities or gifts to qualified donees, calculated on its investment and property assets.
Can we claim back GST/HST?
Registered charities and qualifying non-profits can claim a public service body rebate on a percentage of the tax paid, even where they are not registered for GST/HST.
Do we need an audit?
It depends on your revenue, your incorporating statute and your funders. Some organisations need a review engagement rather than a full audit.
Are honoraria taxable?
Generally yes, and depending on the arrangement they may need to be reported on a T4A or run through payroll.
Licensed, certified, and accountable for it.
The bodies that license this practice, and the certifications behind the day-to-day work.
CPA Ontario
The provincial body that regulates Chartered Professional Accountants in Ontario.
EFILE certified
Certified by the Canada Revenue Agency to file returns electronically on behalf of clients.
Intuit ProAdvisor
Intuit certification covering QuickBooks Online setup, reconciliation and reporting.
QuickBooks Payroll
Intuit certification for running payroll, deductions and remittances inside QuickBooks.
In their words.
Aaron has done my personal taxes for six years and he’s the best. My files are sometimes complicated and I was not always the most organized client, yet he handles all of it without ever making me feel bad about the mess. He’s fast, he explains everything in plain English, and he always finds credits I would have missed.Shmuel Neft
Working with Aaron and his team, especially Anna, has been fantastic for both our camp operations and Prime Coat Painters. From complex contractor billings to seasonal accounts and corporate taxes, they handle everything with real attention to detail. If you need a reliable, top-tier accounting team for your business, I can’t recommend Aaron Herman CPA highly enough!Tzadi Zlotnick, Prime Coat Painters Inc.
I use him for personal and business accounting. He is absolutely phenomenal with his work and expertise. Thorough, reliable, dependable, and punctual with due dates. I’ve worked with many accountants previously and Aaron surpassed them all in everything on my list.Elior Zipori, Zipori Landscapes & Design
We have been using Aaron Herman CPA for about four years now and we are very happy with their services. Anna is especially great to work with. She is on the ball, always up to date, and gets back to you right away with any questions or concerns.Reuven Durbach
Very happy with Aaron’s service. He is very knowledgeable and professional. Very patient with all my questions, ready to answer and be with the client within a short period of time. All the accounting service is done in a timely manner.Artem Artemov, Rimland
Aaron is excellent! He responds quickly, explains everything clearly, and makes the whole tax process easy and stress-free. He is very knowledgeable and always helps find the best way to get everything done properly.Mai Edry
Aaron is an amazing accountant! He is very supportive and great at explaining the ins and outs of what was needed when expanding my business. I highly recommend Aaron and his team!Leah Lomiansky, Speech Volumes Therapy
He is knowledgeable, thorough and effective. He is very responsive and takes great care of his clients. I highly recommend him and his services!Rachel Danzinger, Learning Pods
Absolutely love Aaron and Anna. They are fantastic to work with, go above and beyond, and their communication and dedication is unsurpassed.Fat Cat Cookie Co.
Two people. Trusted with your year.
Aaron Herman
CPA, CA · Founder and Managing Partner
Aaron planned and prepared tax in public practice, then led financial reporting inside large Canadian companies. He is the person who answers when you call.
My number one priority is a happy client.
Anna Herman
Director of Finance and Operations
Anna runs the machinery behind the work: cloud accounting, CRA compliance, payroll and client onboarding. If your year-end is uneventful, that is Anna.
Order creates opportunity.
Tell us where your year stands.
Send the form and Aaron will come back to you directly. If it is easier, call. Someone here answers.