The Canada Revenue Agency (CRA) recently published new guidelines regarding the retention period for church offering envelopes.[i] The primary change in the guidelines relates to the length of time churches are expected to retain offering envelopes. The old CRA guidelines required a church to retain offering envelopes for a period of two years following the end of fiscal period for which they were issued, unless the donations are recorded from the envelopes directly into a ledger.
|
AuthorLarry Richardson is administrator for the Montreal & Ottawa Conference ArchivesCategories |