Seminar

Family Law and the Income Tax Act - In Person Session

Aug 11, 2022

CPA Ontario - King, Toronto

DATE

AUG 11

2022

TIME

8:30 AM - 5:00 PM

WHO CAN ATTEND

All

PD HOURS

7.5 Hours

ETHICS HOURS

0 Hours

STATUS

Registration closed on

Aug 08, 2022

EVENT DESCRIPTION

Before registering for this session, please note, it is going to be an in-person session and will be held at the Chartered Professional Accountants of Ontario office in at 130 King St. W. in Toronto. You MUST attend in person to participate, there will not be an option to join this session virtually.

Please carefully review the visitor protocols for attending an in-person session and ensure that:

  1. You have completed the Vaccination Status Attestation Form for CPA Ontario Visitors . You must also complete the Covid Health Assessment Form onsite upon arrival at the session. You will need to complete the COVID Health Questionnaire for every visit.

  2. Please note that masks must be worn in all common areas and when social distancing is not an option (this includes in the classroom and will be a requirement for all instructors and participants).

  3. Our training rooms are at 50% capacity to ensure social distancing, and sessions will be capped, so enroll early to avoid disappointment.
  4. CPA Ontario’s landlord, Brookfield Properties, continues to operate as per WELL Health-Safety Rating protocols, public health guidance, and the Public Health Agency of Canada with respect to precautions for limiting the spread of COVID-19.

This seminar reviews the Ontario Family Law Act and the legal, financial and taxation aspects of marriage, separation and divorce. The definitions and rules applicable to family property, the matrimonial home, child and spousal support obligations and domestic contracts are examined in some detail. The income tax rules and planning opportunities are also an aspect of this seminar.

The detailed implications of income tax and marital breakdown are more fully reviewed in the Family Law and the Income Tax Act seminar. Two instructors, a tax partner with a national firm, and a family law lawyer, will present this informative full-day course.

TOPICS INCLUDE:

  • Legal framework for family law (somewhat specific to Ontario)
  • Definitions within the Act (spouse, separation, property, support)
  • Family property - valuation, excluded property and the equalization process
  • The new “Pension Splitting” rules
  • Matrimonial home and the differences between married and unmarried couples
  • Support obligations – child and spouse
  • Domestic contracts – what can and cannot be covered in one
  • The Income Tax Act and implications of separation
  • Planning considerations in a corporate setting

WHO WILL BENEFIT

This seminar is ideal for those who want to understand the specific tax and legal rules related to the Income Tax Act and marital and family breakdown.

PRICING

Summer Sale. Discount already applied.

$345.00 Personal Passport

$365.00 Organization Passport

$380.00 Member

$380.00 Student

$555.00 Public

Status: Registration closed on Aug 08, 2022

LOCATION

CPA Ontario - King, The Exchange Tower, 130 King Street West, Toronto, Ontario, M5X 1C9

SPEAKER(S) BIO

Terry Hainsworth practised law for 42 years in London. Over the years he has taught at the University of Western Ontario's law school and the Ontario Bar Admission course. He is a frequent lecturer at continuing education programs for the Canadian Bar Association and the Law Society of Upper Canada. He is the author of several textbooks on Family Law widely used by family law lawyers throughout Canada. He now practices as a Family Law Mediator and Arbitrator. Douglas Plummer, CPA, CA is a Tax partner with BDO in London Ontario. Doug has over 30 years of public practice tax experience; working in several offices that tend to focus on owner managed enterprises. Along with his ongoing income tax specialization, he is also involved in commodity tax issues, estate planning, and family law matters. Doug has also taught tax courses at the University level, and has presented a number of courses for CPA Ontario, at the School of Accountancy, as well as for all three predecessor bodies over the past 25 years.

SPECIAL INSTRUCTIONS

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.