Tax Training
For Your Accounting Staff
Many tax & accounting practitioners don't have the time to train their existing or seasonal tax staff. Let us take care of that for you so you don't have to spend valuable time teaching them
PERSONAL TAX FOUNDATIONS
Updated for 2022 Personal T1 Returns
The Basics of T1 Preparation
The Personal Income Tax Course assumes limited or no knowledge in tax and builds in complexity throughout the 8 module journey. Great for tax newbies or even your non-technical staff to give them an in-depth look at preparing T1 tax returns. This is any new tax preparers first step (15 hours of training)
Preparing T1's Quickly & Accurately
Once the basics are under your staff's belts, give them some training on the best practices on preparing tax returns. I'll take them through some of the most common tax returns and situations they'll face in your practice. Jam packed with real world scenarios in the areas of investment, rental, seniors, students and family tax returns (12 hours of training)
Over 35 T1 return examples & case studies
Not Just Examples - Mock Client Issues
Staff can practice preparing actual T1 tax returns and I'll take them through the step by step process to check them. This is not only a case studies course, but I provide situations they will encounter with clients and how to deal with them and troubleshoot various issues. This is the course I wish I had when I first started out in tax preparation (8 hours of training)
CORPORATE TAX & GST/HST FOUNDATIONS
Fundamentals & T2 Return Training
College/University & CPA courses offered in corporate tax are often confusing for students. Our course breaks it down into concepts that can easily be understood and applied directly to the preparation of T2 returns for the majority of owner managed companies in your practice. (14 hours)
Often Overlooked Training, Yet Critical
Often given a back seat in most tax education programs, the GST/HST course covers the critical elements of understanding retail sales tax legislation including step-by-step lessons on how to file returns. We also look at ways to check GST/HST numbers to make sure they are reasonable and also deal with common CRA problems & client situations
Compensation Planning
A vital part of any corporate tax practice is the ability to understand compensation strategies and options for owner-managers. This course reviews the fundamentals of salary & dividend planning along with topics related to share-holder benefits. Also explored are the pitfalls, tips and traps of compensation planning
Why Choose Our Training?
Instructor has over 20 years of public practice experience, has prepared thousands of personal and corporate tax returns and trained students
Courses focus on the practical side of preparing tax returns. Most students have studied the theory but don’t have any experience preparing actual tax returns. This course focuses on teaching them the tax law in easy to understand language AND the practical application or actually doing tax work and preparation
All the course content is delivered via online video tutorials that can be accessed anytime - 24 hours a day, 7 days a week. That means your staff can keep coming back for refreshers rather than disturb you or your professional staff with general questions
The courses are delivered in bite-sized tutorials so when they do come back for a refresher, it will be easy to scroll through the material to find what they are looking for. No tedious fast forwarding or rewinding of long videos.
General questions on course material can be asked within the course and will be answered by the course instructor so you don’t have to worry about dealing with these types of training related questions
Actual examples of tax returns done with professional software (Intuit Profile used in all courses). This means that they not only learn the rules and theory, but they can actually see how it applies to actual real-world tax returns. This means they’ll be familiar with and have exposure to tax software along with the rules
The courses are jam packed with real world examples and personal tips on how to deal with situations, clients and what to expect from the Canada Revenue Agency
The courses also include all the questions asked by enrolled students and the related instructor answers. This means the course is a growing knowledge base and many student questions have already been answered. These are accessible under every tutorial
Personal Tax Foundations Package
$ 599 (5 User Licenses) - Full Access for one year from date of purchase
Modules - 8
Hours of Training - 20
Regularly Priced at $ 299
Modules - 10
Hours of Training - 12
Regularly Priced at $ 299
Primers & Examples - 15
Case Studies - 14
Regularly Priced at $ 249
Additional Licenses - $89/user
$ 799 (5 User Licenses) - Full Access for one year from date of purchase
Modules - 11
Hours of Training - 15
T2 Examples & Case Studies
Regularly Priced at $ 499
Modules - 10
Hours of Training - 10
GST/HST Filing Examples
Regularly Priced at $ 299
Modules - 8
Hours of Training - 13
Salary + Dividends Planning
Regularly Priced at $ 299
Additional Licenses - $119/user
Corporate Tax Foundations Package
Personal & Corporate Tax Foundations Package
$ 999 (5 User Licenses) - Full Access for one year from date of purchase
Modules - 8
Hours of Training - 15
Regularly Priced at $ 299
Modules - 10
Hours of Training - 12
Regularly Priced at $ 299
Primers & Examples - 15
Case Studies - 14
Regularly Priced at $249
Modules - 11
Hours of Training - 14
T2 Examples & Case Studies
Regularly Priced at $ 499
Modules - 10
Hours of Training - 10
GST/HST Filing Examples
Regularly Priced at $ 299
Modules - 8
Hours of Training - 13
Salary + Dividends Planning
Regularly Priced at $ 299
Additional Licenses - $149/user
Staff Training - All Access
$ 1,399 (5 User Licenses) - Full Access for one year from date of purchase
Access to All Content at Canadian Tax Academy for One Full Year
This package includes all the courses available in the Staff Training packages above plus all the other courses that are not part of those packages. This training also includes access to the monthly Tax Bytes Practice Mentor and all past editions and training
Additional Licenses - $199/user
How it Works - Purchase & Registration
STEP 1:
Once you purchase one of the above packages just email us at training@canadiantaxacademy.com with the subject License Request.
STEP 2:
In the email, let us know the following:
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Your Name
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Name of your firm
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Firm Address
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Package Purchased (T1 Training, T2 Training, T1/T2 Training)
You do not have to provide names or emails of your staff.
STEP 3:
We will then send you a URL with the registration link that you will provide your staff members to sign into the course and get started. They will be able to use their own email address and password to register. You will then have an additional 5 registration slots open for your staff (your own registration is included in the price so you will have a total of 6 slots).
NOTE
This firm registration process is necessary as the licenses are only available to accounting firms, tax preparation, bookkeeping & investment firms. Once we confirm that a firm or practitioner is requesting the training, the user registration link will be sent. These packages and licenses are not available to individuals. We have the right to refuse license registration to anyone we consider to not meet the firm criteria.