Last updated: March 22 2023

HOT OFF THE PRESS! Canada’s Most Up-to-Date Personal Income Tax Course

Now available…Canada’s most up-to-date personal income tax course! The newly released Introduction to Personal Income Tax course features new assignments using professional tax software for 2022 tax returns. PLUS, get a complete update to the March 28 Federal Budget. Take advantage of our income tax course until March 31: only $495 (save $400 on tuition)*

This is a great course on personal taxation if you are new to the business as well as a solid refresher for experienced professional tax accountants Learn the fundamentals of T1 income tax preparation and planning in this course as well as what has changed and what is coming for the next tax year

Did you know that there have been over 30 million returns filed in 2022?  Learn the fundamentals of T1 income tax preparation and planning in this course as well as what has changed and what is coming for the next tax year:

  • There have been some new sources of exempt income in 2022 and more reasons for some taxpayers to file for 2022 even if they are not taxable.
  • The special rules for simplified claims for employees working from home due to COVID-19 are extended to 2022 but will not apply to 2023.
  • For the 2022 tax season, the maximum number of returns that an electronic filer can file on paper remains at ten. However, pending legislation will reduce this number to five.
  • Starting in 2023, any taxpayers who qualified for the Canada Workers Benefit on their 2022 return will receive 50% of the amount projected for 2023 without having to apply for it.
  • The cost of Canada pension plan contributions continues to increase for 2022 and beyond, and the rate for EI premiums increased in 2022 after being fixed at 1.58% for three years.
  • A new deduction: the labour mobility deduction is available for construction workers and apprentices who incur additional expenses in order to work at a temporary location while maintaining their normal residence.
  • In 2022 the criteria for eligibility for the disability amount was loosened, and, for the first time, patients diagnosed with Type I diabetes were deemed to have met the qualifications for the disability amount.

COURSE CONTENT:

  • Part 1 | Professional Tax Preparation
  • Chapter 1 | Introduction to Income Taxation in Canada
  • Chapter 2 | Using Software to Prepare the Return
  • Chapter 3 | Filing the Return
  • Part 2 | Common Tax Profiles
  • Chapter 4 | Low Income and Credit Filers
  • Chapter 5 | Reporting Employment Income
  • Chapter 6 | Claiming Employment Deductions
  • Chapter 7 | Families and Children
  • Chapter 8 | Reporting Investment Income
  • Chapter 9 | Pensioners
  • Chapter 10 | New for 2022 and Beyond

 

Enrol by March 31: start anytime between now and June 30

Use code: 23TAX

TAKE THIS EXCLUSIVE OPPORTUNITY TO MAKE IT A DESIGNATION

This month only, enrol in the DMA™ - Personal Tax Services Specialist Designation:

only $2975 for all 6 courses (you get your Basic Income Tax Course, FREE!)

Cannot be used with any other discount. All taxes extra