Professional Income Tax Filing - Advanced Level
Tax Filing and Planning
By: Evelyn Jacks
This course comes to the rescue will all new online quizzes and case studies featuring that are challenging and fun and will delight long time students of Knowledge Bureau who are starving for a new course challenge.
OVERVIEW. Fully updated to the latest budget. This comprehensive course delves deeply into the deductions, tax credits, and tax calculations on the personal tax return, with an emphasis on capital gains and losses, and registered and non-registered investment income sources. It overviews common and advanced client profiles, while sending students to the dynamic commentary in EverGreen Explanatory Notes.
As the title implies, it challenges more experienced practitioners and returning staff to busy tax practices.
WHY IS THIS CONTENT TIMELY?
PREREQUISITES. It is assumed the student has at least one-year experience working with a variety of personal income tax returns or is a new tax preparer working under the guidance and mentorship of an experienced manager of a tax or accounting office.
AN ACCREDITED PROGRAM . Completion of this professional online course provides the successful graduate with 30 CE/CPD hours towards meeting CE requirements for Knowledge Bureau designations. This course is one of six in the DFA-Tax Services Specialist™ Designation program . Be sure to take all six courses to earn your prestigious, nationally-recognized credentials.
Additional Educational Options . You might also be interested in these certification courses for your advanced studies:
YOUR COURSE COMPONENTS – There are 10 lessons with the introduction, each followed with a quiz and an exam.
This online course features your lesson plans, a comprehensive Knowledge Journal and a Research and Practical applications experience featuring audio presentations and podcasts, some of which were recorded in front of a live audience at the CE Summits in Toronto, quizzes, case studies, a Practice Management Thesis which is a review before your examination and access to professional tax software.
RESEARCH ASSIGNMENTS. All students also have access to EverGreen Explanatory Notes. It would be helpful to read the following topics:
1. 2020/2021 TAX FACTS
2. BUDGET 2021 – PERSONAL TAX CHANGES
3. ALIMONY
4. CAPITAL ASSET CLASSIFICATIONS
5. CAPITAL GAINS ELECTION
6. CARRYING CHARGES
7. COMPLIANCE FACT SHEETS
8. EMPLOYMENT INCOME AND DEDUCTIONS
9. EMPLOYMENT INSURANCE
10. FOREIGN ASSET REPORTING
11. PRINCIPAL RESIDENCE
12. RDSP
13. RRSP
MARKS ALLOCATION:
| Quizzes | 50% |
| Case Studies | 25% |
| Final Exam | 25% |
| Passing Grade | 60% |
| Honours Achievement | 90% |
A mark of 60% is required to pass the course. All students who pass the course will receive a certificate. Students who receive a mark of 90% or better will receive gold honours bars on their certificates.