Online Seminar

Income Tax - Everyday Issues for General Practitioners

JUN 08 - Jun 09, 2022

Online

DATE

JUN 08 - JUN 09

2022

TIME

1:00 PM - 5:00 PM

WHO CAN ATTEND

All

PD HOURS

7.5 Hours

ETHICS HOURS

1.5 Hours

STATUS

Registration open until

Jun 05, 2022

EVENT DESCRIPTION

Formerly Titled: “Everyday Income Tax Issues for the General Practitioner”

SCHEDULE

This course has shifted online into two, half-day sessions.

  • Wednesday, June 8, 2022, 1:00pm to 5:00 pm
  • Thursday, June 9, 2022, 1:00pm to 5:00 pm

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

This seminar identifies income tax matters frequently encountered by practitioners and demonstrates how the income tax rules apply in everyday situations. Topics are approached as practical issues rather than technical details. General background information is provided to promote an understanding of each issue. Opportunities, problems, suggestions and planning are emphasized. Many participants take this seminar again and again because the content is relevant to client situations and because each year there is something new.

LEARNING OBJECTIVES:

  • 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

TOPICS INCLUDE:

  • Taxation of 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 income splitting with family members
  • Expenses and assets with personal and business elements — including meals and entertainment, automobiles, taxable benefits
  • Shareholder benefits and loans issues - including debit balances
  • Timely and topical practical matters
  • Newsy and notable information, recent developments
  • Challenging ethical situations encountered in a tax practice

WHO WILL BENEFIT

Practitioners who have general income tax knowledge and deal with small and medium-sized owner-managed businesses.

PRICING

Spring Sale. Discount already applied.

$269.00 Personal Passport

$285.00 Organization Passport

$299.00 Member

$299.00 Student

$439.00 Public

Status: Registration open until Jun 05, 2022

LOCATION

Online

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 should have general corporate and personal income tax knowledge.

This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.

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.