I recently took part as moderator for a couple of public events at an industry festival. I was approached to do the job through someone who knows me from my work in the industry. For doing the job, the festival organization gave me an honorarium of $200. Since the connection is work-related, how do I account for this as income?

B.W.

This would be considered part of your income, and should be accounted for on your personal income tax return. If your accountant manages both your business and personal returns, he/she can assist you accordingly.