*2024 - Comprehensive Income Taxation T1 and T2
The comprehensive taxation course includes 5-weeks of personal income tax (T1) and 3-weeks of corporate and business tax (T2).
Date and time
Location
Online
Refund Policy
About this event
Comprehensive Taxation (Personal T1 and Corporate T2) Certification
Location: Zoom
Time: Tuesdays and Thursdays 6:00pm to 8:30pm EST
Start Date: Tuesday, May 28, 2024; End Date: Thursday, July 18th, 2024
Start date is subject to change.
Pricing Details:
Comprehensive Taxation: CA$726.00
Comprehensive Taxation (Personal T1 and Corporate T2 Income) includes both 5-week Fundamentals of Personal Income Taxation T1 course and the 3-week Business and Corporate Taxation T2 course.
- Fundamentals of Personal Income Taxation T1: CA$528.00.
- Business and Corporate Taxation T2: CA$385.00
Course Description:
This course provides a comprehensive exploration of the fundamental principles and concepts governing personal and corporate income taxation. Designed for individuals with varying levels of financial literacy, the curriculum covers key topics such as Canadian income tax, Canadian Pension Plan, employment income deductions, and more. Students will gain a practical understanding of the Canadian income tax system, enabling them to navigate personal tax obligations effectively and significantly boost their financial literacy.
Key Course Topics:
Personal Income Taxation:
- Introduction to Canadian income tax
- Employment income deductions and credits
- Nonrefundable and refundable credits
- Investment income - interest, dividiends and capital gains
- Social benefits - CPP, EI, working income tax benefits
- RRSP, TFSA, RESP and RDSP
- Special provisions for seniors
- Medical expenses and disability
- Special provisions for students
- Marriage, separations, reconciliation, and support payments
- Childcare expenses
Business and Corporate Taxation:
- Taxes for professionals, royalty as business income, and entertainers
- Allocation of income to two or more provinces
- Business losses, Rental losses, Business Investment losses
- Partnership
- Corporations - T2 returns
- GST/HST returns
- Corporate E-File, GIFI, RSI
- Alternative Minimum Tax (AMT)
- Use the recognized tax software, UFILE
Frequently asked questions
Clients may cancel their registration for a course at any time. Refunds will be issued on a pro-rata basis, taking into account the unattended portion of the course. Refund amount will be calculated based on the percentage of the course duration that remains unused at the time of cancellation.
Ability to speak, writing and understand English is required. Access to computer and working Wi-Fi is required. There are no strict academic prerequisites. We recommend reviewing the course details for specific requirements.
Unfortunately, we do not offer financial support through this program. The fees are paid by the client. If you are receiving Ontario Works or social assistance, please talk to your case worker to see what you may be eligible for.
Yes, participants who successfully complete the course requirements will receive a certificate of completion. This certificate can be a valuable addition to your professional credentials. All certificates are issued by Skills for Change.
Yes, we issue tax receipts for your tax return. The government could refund you for all or part of the course payment when you file your taxes.
No, all classes will be held remotely.
We provide various support channels including email support an, in some cases, live phone support. Our goal is to ensure that participants have the assistance they need throughout the learning process.
We understand that financial considerations are important. Unfortunately, we do not offer installment payments for this program. The fees are paid by the client. If you are receiving Ontario Works or social assistance, please talk to your case worker to see what you could be eligible for.