CE Savvy Summit: Get Ready for Year-End Tax Planning!

There is a lot to consider this upcoming tax season when it comes to filing personal returns and increased risk for individuals, investors and businesses in light of the substantive tax law change in 2024.  Are you prepared to help? Join us for our next CE Savvy Summit on November 6 where Evelyn Jacks, Sharon Conrod, Doug Buss, and Special Guest, Kim G C Moody will discuss key year-end planning issues including retirement planning options, cross border taxation, and how Canada’s new capital gains inclusion rates and AMT will affect year-end tax planning. Register by October 15 for early-bird savings, and check out new team member enrolment options to save on your team training this fall.

View the complete agenda here, and register now for as low as $390 per person when you register two or more on your team. Or, check out new ways to earn new credentials and save on tuition with the Diploma in Advanced Family Tax Compliance.

New Credentials for CE Savvy Summit Students! Attend 4 CE Summits and earn a Diploma in Advanced Family Tax Compliance. 

This comprehensive program is ideal for experienced tax accountants and wealth advisors who require updating in the latest  tax and economic changes from Finance Canada and CRA, in order to help clients meet tax filing compliance requirements and family wealth planning objectives.  The program comprises of four online courses, 5 chapters each, and 4 virtual CE Summit events.

The Curriculum.  The Diploma in Advanced Family Tax Compliance program covers four key subject areas focused on managing wealth erosion due to new and complex tax law:

• Year End Tax Planning - November
  • Fall Economic Update and new legislation
  • New Definitions for Tax Planning
  • Building Wealth with Registered investments:RRSP, TFSA, FHSA,RESP, RDSP, RPP, IPP
  • Managing Tax Outcomes:Non-Registered Portfolios
  • Wealth Diversification:Real Estate and Business Assets
  • Wealth Preservation: Tax Loss Harvesting and Philanthropy
  • Wealth Transfers:Within the Family and the Community

• Advanced T1 Tax Update - January
  • What’s New in Filing the 2024 T1 Return
  • Line-by-Line Tax Update
  • Tax Change in Common Tax Profiles:Individuals, Families, Employees, Seniors
  • Focus on Capital Gains Calculations for 2024
  • Filing for Proprietorships with a Focus on Capital Cost Allowance Claims
  • Tax Changes for Real Estate Owners
  • Lifecycle Transitions:Births, Deaths, Marriage, Divorce, Disability, Death of a Taxpayer

• Retirement and Estate Planning - May
  • Spring Federal and Provincial Budget Update
  • Retirement Planning for Individuals – Public Pensions Update
  • Retirement Planning for Investors – Maximizing the Power of the Family Net Worth Statement
  • Planning for Disability and Wealth Transfers at Death
  • Insurance Planning
  • T3 Trust Bootcamp

• CRA Audit Defence - September
  • Update on latest legislative changes for investors and business owners including new rules for the taxation of household income and assets arising out of the April 16 federal budget and subsequent draft legislation
  • Rules around Tax Obligations and Appeal Options
  • Case studies relating to capital gains, real estate and intergenerational business transfers
  • The UHT and newly revised Bare Trust Filing Requirements
  • Inter-tax Audit potential:GST/HST, Payroll, Corporate and Personal Tax Cross-overs

The new Diploma is earned when students enrol to participate in full program, which includes 4 CE Savvy Summit events taken concurrently, and complete the accompanying certificate online courses provided.

The program provides critical technical studies for T1, T2 and T3 return filings, and covers other taxation filing requirements including UHT, payroll and GST/HST obligations.  Professional tax accounting and financial advisors whose clients are facing increasing tax filing requirements and with that, audit risk, especially  with recent changes for capital gains dispositions, rental property ownership and family business succession, will benefit.

Each quarter, students will participate in one online course and have three months to complete it, as described above.  Attendance at the Virtual CE Summit held in each quarter is also required to embellish on learning and receive full participation marks.  The starting month will determine the concurrent study line (example, students who start in September will be finished the program with the Retirement and Estate Planning course).

Our most popular program – the Advanced T1 Tax Update – is a must attend for all individuals in the office who work with clients during tax season 2025, including new and returning seasonal staff members.

Register here!