Change the Game:  New Enhanced Credentials to Help SMEs Thrive

According to a recent report from Statistics Canada relating to enterprises in the first quarter of 2021, there are many businesses thriving in spite of the pandemic. Consider the financial sector which recorded an increase in net income of 11% before taxes, or $3.9 billion. Tax professionals can provide essential front line services to help small business owners thrive and now two new educational opportunities provide credentials and confidence to do so.  

Change the game by taking the Enhanced Certificate Program which pairs the newly updated Filing Proprietorship Returns with the  Corporate Tax Filing Fundamentals course. These new credentials will give you the technical skills you need to help small business owners position themselves for success as they move from unincorporated to incorporated business structures. Plus, each course enrolment will advance your VIP Grad Status and tuition savings opportunities before the June 30 enrolment deadline.  That date is significant also for designates who need 30 course credits to relicense the use of their designation marks.

Register online 24/7 using the links below or call 1-866-953-4769 for personal assistance.

Corporate Tax Filing Fundamentals

This course serves as an introduction to the preparation of a corporate income tax return for a small business operating under a corporate structure as a Canadian Controlled Private Corporation (CCPC). The case studies included in this course include the preparation of corporate tax returns for the current year. This course contains all known changes that will apply to future years.

Course Content

Chapter 1 | Basis of Reporting Income
Chapter 2 | Understanding the Corporate Balance Sheet
Chapter 3 | Understanding Shareholder Equity
Chapter 4 | Sources of Corporate Income
Chapter 5 | Creating an Audit Trail for CRA Purposes
Chapter 6 | Completing the T2 Return
Chapter 7 | Tax Reserves
Chapter 8 | Shareholder Remuneration
Chapter 9 | Corporate and Shareholder Integration Theory

Filing Proprietorship Returns

This course is designed to teach professional advisors tax preparation for proprietorships, using CRA's prescribed forms—Statement of Business or Professional Activities, Capital Cost Allowance statements, worksheets for reporting home office, automobiles, other assets, inventory control, and cost of goods sold.

Chapter 1 | Taxation of Income from a Proprietorship
Chapter 2 | Reporting Requirements: GST/HST
Chapter 3 | Claiming Business Expenses
Chapter 4 | Transactions Involving Business Assets
Chapter 5 | Home-based Businesses
Chapter 6 | Hiring Human Resources
Chapter 7 | Inventory-Based Businesses
Chapter 8 | Disposing of and Replacing a Business
Chapter 9 | Farming and Fishing Enterprises
Chapter 10 | Professionals and Partnerships

New students should check out the Virtual Registrar to enrol.

Returning students can login to the Virtual Campus to earn new credentials with this new Enhanced Certificate option and take advantage of exclusive VIP Grad Status tuition savings!

Forgot your student login?  No problem.  Call our friendly student support line for help:  1-866-953-4769.