3% convenience fee

That sounds about right. I remember putting them in old check boxes but they were tossed long ago. I even purge the printed images when they get too bulky. The bank up the street has a free shredder day once a year.

It will just depend on the bank and maybe a state law or two. The Federal reserve went to images in 2003. The cash letter that actually transfers the money has been electronic for decades before that. They just need the MICR line. (AKA "capture" in the bank biz) That has to be at the Fed by 2100 or something or they lose a day's float on the checks.

They have a lot more free reign in the USA apparently.

Depends what volume of credit card business a company does. Do any volume at all and it's down to 1.5% here in Canada. In some cases a minimum 15 cent per transaction - and aome 15 cents plus 1.5%

Here in Ontario the advertized price is the selling price - not including taxesand registration. If they advertize for $10,000 it is $10,000 + 13% tax plus the cost of your plates. If you are transferring your eexisting plate, that is it.

When I bought my wife her "new" kia the dealer tacked on a processing charge. You wouldn't believe how fast they backpedalled when I let them know I knew OMVIC didn't allow those charges. Ends up they had just installed anew computer system and it had not been properly set up - and I was the first to catch it. They had to refund a number of customers to keep their dealers licence.

Yup. 31 years now and my head is still above water. Glad I'm winding down into retirement

There is a fundraiser I attend every year. It is a fundraiser dinner to raise the funds to cover the operating expenses of a large charity auction. All of the food for the dinner is donated by sponsors. The venue is donated as well. All of the money raised goes to pay the expenses for the 2 day event at a local municipal fair grounds. Groups provide food, donated articles are sold, and there is a large quilt auction of donated quilts. This is the 54th year, and to date over 12 million dollars has been raised for foreign relief. Over 2000 volunteers donate their time for the 2 day event (Friday evening and all day Saturday) For the last 25 years annual revenue has been over $250,000 The organization itself celebrates it's 100 year anniversary this year.

Up here the charge to e-transfer is less than the stamp to send the cheque and e-filing is free.

That's a pretty common scenario; much like the way we run the annual Foundation party auction...much of the content of the meal is donated; some is catered but at less than going rate; volunteers do almost the all the work (along with the couple of staff members one of whom is the overall "boss" and organizer as it takes _somebody_ who has it as a real job and, of course, the caterer's hired staff. We've been at it for about 25 now, but this is a much smaller community so total revenues don't match up...

I don't know how they do for you, the handmade quilts here just don't bring anything at all close to what they're worth...it's always been very disappointing to me about them, in particular.

Dunno. No experience w/ or knowledge of Canadian nonprofit law/tax code.

I would presume would have something that serves the equivalent of the

On 3/8/2020 3:22 PM, Clare Snyder wrote: ...snip... ...> They have a lot more free reign in the USA apparently.

(They being religious organizations)

Well, I did go look briefly at Canadian rules...they are different, indeed (not surprising).

The big difference is that in order to issue an official charitable contribution receipt one must be registered AND in order for the donor to claim the charitable deduction MUST have receipt(*).

In US, there is no comparable requirement on religious organizations preventing them from acknowledging contributions that the donor subsequently can use as valid documentation for the contribution.

Consequently, virtually all churches in Canada would find it behooves them to register and by dint of being registered they then have to file the T3010 which is the equivalent of the US Form 990.

Since there is no such similar requirement in the US, many churches will not register as the Form 990 is a real bugger to fill out for an organization of any size. I did not try to compare the two forms.

(*) I saw no lower limit on contributions not requiring a receipt whereas in US, there is no receipt needed for cash donations up to $250. OTOH, there also is no requirement that the CA charity must issue the receipt so apparently there are quite a few that don't routinely from as prominent as that was on the web site.

Similarly, the US charity is not penalized for not providing the receipt for anything $250 or over, but I certainly can't think that many don't. Since have to record everything anyway, we issue large donation receipts/thank you letters on receipt of the gift and run a year-end report to summarize any other smaller gifts that donor may have done throughout the year.

So a lot of similarity in principle but some significant difference in practice that reflects on how religious organizations in particular operate.

I suspect that if a significant number of customers use a card they simply adjust the price so everyone pays extra.

Back in 2012-2014 top quilts were bringing in $5000. Not quite so good the last couple of years. You can pick up a pretty nice one for $500, but if more than 2 people really like it they get up to $1500 pretty quick!. The quilt catalog has been opened up to online bidding as well for the last 2 years, which has helped the prices somewhat. The sleepy little village of New Hamburg really comes alive the end of May!!!

The reporting is pretty stringent for sure. You don't want to be caught being non-compliant.

Up here it's not "if" The VAST majority of commerce is done on plastic up here. Pretty hard to buy groceries with a cheque. Most suppliers I deal with won't take a personal cheque PERIOD. More and more you are seeing E-Transfer. My major suppliers are all set up with pre-authorization on my credit card. I don't take credit cards, but customers can e-transfer either from their bank account (debit) or credit card - and neither one costs ME anything.

Christians in particular. Years ago I knew a group with what was at that time called 'Friends of the Western Buddhist Order'. They were put through endless hoops where 'Billy Pete's Church of Christian Snake Handlers' would have been rubber stamped.

In the US, god bless H.R Block and the other vultures, there are restrictions on who can e-file.

People don't appreciate the work and skill that goes into a good quilt. You can buy one at Walmart for 20 bucks. I never tried selling any of my woodworking stuff either. You can buy a finished product that will get the job done for less that what i'd pay for the wood.

I've used Turbo Tax for years. I wince at paying but the convenience and time save by importing information was great, especially when I had two states in addition to Federal.

Next year will be back to simple for me and I cut my income so can use a freebie.

I buy U-file - do mine and my wife's, my 2 daughters and one son-in-law, and my step mom for under $30. That includes e-file.

Still have 6 users left

Mine is as simple as it gets. Fill in the wages, interest, RMD, and SSI, take the standard deductions and wince. The state is the worst; I have Federal withholding on the RMD and SSI but neither does state withholding and this is one of the states that taxes Social Security.

If I ever retire life will get simpler.