In-Person Seminar

Income Tax – Everyday Issues for General Practitioners - In Person

Dec 06, 2022

Four Points by Sheraton Mississauga Meadowvale

DATE

DEC 06

2022

TIME

8:30 AM - 5:00 PM

WHO CAN ATTEND

All

PD HOURS

7 Hours

ETHICS HOURS

0 Hours

STATUS

Registration closed on

Dec 01, 2022

EVENT DESCRIPTION

NOTE: This course description has been revised and reflects updates for 2022. If you have any questions, please contact pdevents@cpaontario.ca

Before registering for this session, please note, it is going to be an in-person session and will be held at Four Points by Sheraton Mississauga Meadowvale at 2501 Argentia Road, Mississauga, Ontario. You MUST attend in person to participate, there will not be an option to join this session virtually.

Please review our Covid procedures before registering.

Masking is not mandatory at CPA Ontario seminars. We do ask that you do your best to protect yourself and others. This includes monitoring your symptoms pre-session. If you are experiencing any of the symptoms below, we ask that you contact us at pdevents@cpaontario.ca You will have the option to withdraw from the session and you will be credited for a future session. No withdrawal fee will be charged.

    Symptoms

    • Fever above 38
    • New onset or worsening of existing cough
    • Shortness of breath or difficulty breathing
    • Loss of sense of smell and/or taste
    • Stuffy or runny nose
    • Sore throat
    • Muscle aches
    • Headache
    • Nausea, vomiting, diarrhea
    • Fatigue or exhaustion or loss of appetite

OVERVIEW

CPAs in public practice who assist clients with income tax compliance and plans find that even routine matters can have complexities, alternatives and uncertainties.

The simplest matters can involve various issues and ambiguities, even in the field of accounting. Those who assist clients with income tax compliance and plans find that routine matters can entail complexities, alternatives, and uncertainties.

This seminar identifies income tax matters that practitioners frequently encounter and demonstrates how income tax rules apply in everyday situations. In order to enhance the practicality of the seminar, the seminar presents topics as practical issues rather than technical details. After providing general background information for each issue, the seminar emphasizes opportunities, problems, suggestions, and plans for each topic.

This seminar provides an opportunity for practitioners, who routinely deal with income tax, to focus on issues they frequently encounter. Many participants take this seminar on an annual basis because the content relates directly to client situations and timely topics are added each year.

TOPICS INCLUDE:

  • Taxation for select sources of income — including active business income, small business deduction, employees vs. contractors, personal services businesses, and investment income
  • Remuneration issues — including salary vs. dividends, bonuses payable, and family member income splitting
  • Expenses and assets with personal and business elements — including meals and entertainment, automobiles, and taxable benefits
  • Shareholder benefits and loans issues — including debit balances
  • Timely and topical practical matters
  • Newsworthy and notable information — including recent developments
  • Challenging ethical situations encountered in tax practice

By the end of this course, participants should be able to:

  • Evaluate and characterize sources of income and develop remuneration strategies
  • Recognize, assess and advise on shareholder benefit and loan problems
  • Identify best practices for expenses/assets with personal and business elements
  • Discover newsy and notable recent income tax developments
  • Analyze ethical considerations related to providing tax services to clients

WHO WILL BENEFIT

While all tax professionals, whether seasoned or new, will gain new insights from this seminar, this seminar particularly targets practitioners who deal with small and medium-sized owner-managed businesses. Practitioners, transitioning to take on more owner-manager planning responsibilities, will find the course to be a valuable training resource.

PRICING

Discounted Price

$330.00 Personal Passport

$389.00 Organization Passport

$489.00 Member

$489.00 Student

$589.00 Public

Status: Registration closed on Dec 01, 2022

LOCATION

Four Points by Sheraton Mississauga Meadowvale, 2501 Argentia Road

SPEAKER(S) BIO

Michelle Causton, FCPA, FCGA, MBA is a professional speaker, educator and trainer. Her goal is to help individuals achieve personal success by strengthening both technical and communication skills. Michelle uses a practical approach gained from many years of experience in public practice and teaching at the post-secondary level. She is a member of the Canadian Association of Professional Speakers (CAPS).

SPECIAL INSTRUCTIONS

Participants enrolling in this seminar should possess general corporate and personal income tax knowledge.

Electronic material can be accessed one week prior to the course at https://pdlms.cpaontario.ca/ and should be downloaded in advance.

Registration, cancellation, withdrawal and all other CPA Ontario PD Seminar policies can be found here.