- October payroll liabilities due November 15.

- Pastors and other clergy who receive the Clergy Residence Deduction must complete the "Request to Reduce Tax Deductions at Source" Form T1213 if they wish to have their 2025 tax deductions reduced at source. Since it normally requires 6-8 weeks for CRA to review each application and grant permission, the form should be submitted in early November in order for approval to arrive before the first payday in January. Form T1213 is available on the CRA website.

- Prepare 2025 offering envelopes for distribution in December. If they have not yet arrived, determine where they are and place a rush on the order. If you are looking for a great supplier for offering envelopes, see the recommendation for the NCS Church Envelope Company on our Affinity Programs page.

- Ensure offering records are in order and receipts are ready for completing 2024 donation receipts in January.

- Continue working on the 2025 budget with a goal of having the final draft completed by month end. This will allow time for other year end duties during December and January.

- Begin preparation for 2024 financial statements and the year-end audit or review.

(NOTE - the last two items are for those who have a calendar year fiscal year)

- September payroll liabilities due October 15.

- Continue working on the 2026 budget.

- If the 2026 offering envelopes have not arrived yet, check to make sure they have been ordered and determine their arrival date.

- August payroll liabilities due September 15. Since this date falls on a Sunday, the due date shifts to the next business day which is Monday September 16.

- Pay all bills from summer events.

- Plan timetable for working on the first draft of the 2025 budget for those with a December 31 year end.

- Ensure 2025 offering envelopes have been ordered. If you are looking for a great supplier for offering envelopes, see the recommendation for the NCS Church Envelope Company on our Affinity Programs page.

July payroll liabilities due August 15.

The Minister of Finance and Intergovernmental Affairs along with the Minister of National Revenue announced today that the federal government intends to amend the Income Tax Act to extend the deadline for making donations eligible for tax support in the 2024 tax year, until February 28, 2025.

This extension will mitigate the impacts of the four-week Canada Post mail stoppage by providing donors with sufficient time to ensure their contributions are received and processed.

The government will introduce legislation effecting these changes once Parliament returns in the new year.

Additional details may be viewed in the news release on the Department of Finance Canada website at

https://www.canada.ca/en/department-finance/news/2024/12/government-of-canada-announces-extension-of-2024-charitable-donations-to-february-28-2025.html