taxdetective-Sandusky-Register

The QuickSource for QuickBooks Help: Troubleshooting Cash Basis Accounts Receivable in ...: "Accounts Receivable should not appear on your Balance Sheet on cash basis. But with QuickBooks any transaction that has these 2 characterist..."

Here's a link to a post that includes Intuit's new "Friend-to Friend" podcast titled: "Troubleshooting Clients’ Cash Basis Accounts Receivable at Year-End", with Shelly Robbins and Dennis Thompson talking about how they troubleshoot cash basis accounts receivable before they close out their clients’ books for the year-end.
If you're not ready for a podcast, there's more resources here: a video, step-by-step instructions, and explanation for you, if your QuickBooks has cash basis Accounts Receivable
Thanks for this post Shelly!  justquickbooks.blogspot.com

Ecologically Sensitive Land

Century Holdings can't claim it's being broadsided by BCEATS, I gave them this page with research about alternatives for the Southlands last year when I created it!   March 23, 2010, blogged about it too!

Premier announces increase to minimum wage

It's about time! Pass it on...

Knowledge Bureau Tools

New GST/HST 370, yes, it's complicated.. good overview of what to know if you've got employment or partner expenses.

I don't remember who asked me whether residential tenancy would be an offside event for the residential energy credit... Hopefully they read my blog, because today, this notice was once again revised and explains who doesn't qualify and must opt out, including home based business's! 

If you have a home based business, the % of business use means you don't qualify to collect 100% of the credit, but may apply once a year to obtain your personal % of the credit after the fact.  This puts you into the business category at BC Hydro and Fortis, (formerly Terasen) so that they can not give you this credit each month on your statement. 

I haven't figured out yet if they are hitting us with higher user rates as a result, guess I should look at that too.  NO time.  If you do have time to ask, let me know what they say.  This bulletin explains the fines for not opting out.

Now what I wonder is how or if this law will be in contravention of the new rules being introduced federally just this past few days on opting...

Publishers and Libraries Struggle over Terms of E-Books - NYTimes.com

How many times can you read an e-book before it expires? Same could g for videos...

Charities and Giving - Charities Information Webinars - Charities Webcasts

This might be just the resource you need to assist with compliance if you are managing a charity!

Charities and Giving - New anti-avoidance rules and designated gifts

Charities who receive gifts from other charities must be wary!

Tax tip - Top things families should know about taxes

I love this, CRA has taken a family approach! Should have been done years ago!

Harper Government to Further Strengthen Protection for Canadian Consumers of Financial Products and Services

Yes, negative option billing finally curbed!

and I still remember the time when I had a paycheque held for 7 days and my rent cheque bounced when I was young. It's about time given today's banking environment, that 4 days is plenty!

10-Year Evaluation of Canada's Anti-Money Laundering and Anti-Terrorist Financing Regime

Do you think it's made a difference? Hard to believe it's been 10 years since it was introduced!

Minister of State (Finance) to Announce Measures to Protect Consumers

This should be interesting!

The QuickSource for QuickBooks Help: Do these 2 Easy Steps to Maintain a Healthy, Lean, and Fast QuickBooks file
Read this quick posting to learn something I didn't know. Do you monitor your DB score?
What's your DB score? Mine was 3 in one file, and 7 in another...

When a retail store takes donations for a charity and issues a cash register tape as a receipt, that is not an official charitable donation receipt and will not be accepted by your efiler as being official receipting.  If you wanted to make a claim, you'd have to contact the retailer.

In order to obtain a donation receipt, the retailer must be able to prove the donation was from a particular customer, by way of some customer identifier, and then may request a donation receipt from the charity to be issued to the person.

When it gets interesting is whether or not the retail store has received a donation receipt for the donations made by it's customers.  If they have, and the customers now request a receipt, the charity would have to amend the receipt to the retailer reducing it by the amount claimed by the individual customers.  One wonders how many times a charity would be willing to do this when the customers donate a few dollars each, or in some cases, $100 or more, to a national retailer.  I'd hate to be in the position of attempting to negotiate with the charity to restate every time a customer wants a receipt. 

Of course, if the retailer didn't claim the funds received as income (which it would be), and didn't ask for a receipt, that's a bit easier on everyone. 

Volunteers Needed for Not-for-Profit Consultation Group

Is this you?