New Article from Drache Aptowitzer LLP Voluntary Disclosure and the Difference Between Non-profit and Registered Charities

Voluntary Disclosure and the Difference Between Non-profit and Registered Charities
In the legal profession, we know what to do if we have made a mistake. Those that regulate us (Law Societies across the country) remind us about our professional obligations, how to control the damage and the importance of seeking help as soon as a mistake is discovered. So, what do we advise our non-profit and registered charity clients when they tell us they have made a mistake, or more commonly, when we have found through our review of their organization that they have made a mistake involving the provisions of the Income Tax Act ?…

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