Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This in-depth course will focus on the preparation of basic, intermediate and some advanced level Canadian individual tax returns using taxprep software. This course intends to provide the skills to participants to be able to develop tax preparation skills by working on modified versions of real-life tax cases. This will allow existing tax practitioners to enhance their tax preparation skills while also allowing beginners to develop much needed tax preparation skills required within the domain of expatriate taxation and high net worth individual taxation. The course covers all of the typical aspects of Canadian individual tax returns that would usually be applicable i.e., Resident return, Part year returns (departure and arrival), and Non-Resident return. Deemed residents and deemed non-residents will be captured within the aforementioned tax returns.
This is an intense course, and it is designed to cover wide breath of issues as part of the tax return scenarios. There will also be assigned homework cases that will reinforce in-class learning. Each module is structured to build upon the previous one. To maximize your learning experience and gain the full benefits of the course, please make sure to complete all required coursework. Learners who complete the course are eligible to write an optional exam. The exam is not mandatory; however digital badges will only be awarded to those who successfully complete the exam. Course email confirmations for Continuing Professional Development (CPD) tracking purposes will be sent to all learners who meet the attendance requirements regardless of exam participation.
Speak to an Advisor
To speak to an advisor, please fill out this form.
Schedule
| Date | Module | Focus Areas |
|---|---|---|
| January 14, 2025 12:30 p.m. - 4:30 p.m. |
Module 1 (4 hours): Understanding Canadian Individual Tax Residency and Life Cycle - Beginning with Non-Resident Tax Return |
|
| January 16, 2025 12:30 p.m. - 4:30 p.m. |
Module 2 (4 hours): Resident Tax Return |
|
| January 21, 2025 12:30 p.m. - 4:30 p.m. |
Module 3 (4 hours): Part Year Arrival Tax Return |
|
| January 23, 2025 12:30 p.m. - 4:30 p.m. |
Module 4 (4 hours): Part Year Departure Tax Return |
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January 27, 2025 - |
Optional Exam (90 minutes) |
Learners who complete the course are eligible to write an optional exam. The exam is not mandatory; however Digital Badges will only be awarded to those who successfully complete the exam. Course email confirmations for Continuing Professional Development (CPD) tracking purposes will be sent to all learners who meet the attendance requirements regardless of exam participation. |
| Office Hours | ||
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Office hours are optional. Feel free to join if you have questions about the course material or need extra support.
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Live Instruction: 16 Hours
Asynchronous Learning: 2 Hours
Key Takeaways
By the end of this course, you will:
- Be able to prepare intermediate level Canadian individual tax returns for resident taxpayers.
- Be able to prepare intermediate level Canadian individual tax returns for part year resident taxpayers (arrival and departure).
- Be able to prepare intermediate level Canadian individual tax returns for non- resident taxpayers.
- Be able to complete various informational tax forms such as T1135, T1161, T1243 etc.
- Have developed comprehensive understanding of reporting various Canadian tax slips, US tax slips, income sourcing and pro-ration, RRSP contributions reporting, capital gains reporting, foreign tax credits and various deductions/credits reporting.
Earn a Digital Badge
Our new collection of digital badges can be earned through the completion of any of our certificate programs offered in our professional development catalogue. Collect these digital badges to add to your website, social profiles, email signature and more. These badges are an easy way to visually communicate your skills and accomplishments to your peers and network. Digital badges will be awarded based on course completion requirements.
Who Will Benefit
This course will be of interest to:
- CPA firm staff tasked with preparing individual tax returns, including but not limited to Analysts, Senior Analysts, Contractor Preparers, Co-ops and Interns.
- CPA sole proprietors specializing or transitioning into individual taxation.
- CPAs practitioners who specialize in areas other than individual tax but who want to develop a working understanding of individual taxes.
- Those seeking to pursue a career in individual taxes.
A general understanding of tax is encouraged; however, it is not a pre-requisite.
Need Approval to Attend
Attendance Requirements
To earn your CPD hours you must attend all live sessions. We understand that sometimes unplanned absences happen. Please reach out to our Operations Team if you're unable to attend a session as scheduled. To earn a Digital Badge, you must meet the attendance requirements outlined above and receive a passing grade (50% or higher) on the final exam.
How to Access the Course
We're pleased to invite you to register for our Certificate courses. Whether or not you're a CPA, you're more than welcome to join us on this learning journey. To get started, you'll need to create an account. Don't worry if you don't have a CPA Ontario ID yet; you can easily set up your account right here. Let's begin your learning adventure together.
This CPA Ontario course is a live certificate program, delivered over four, half-day, sessions. We recommend you join five minutes prior to the scheduled starting time of each session. Recordings of all sessions will be available to all registrants.
To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the certificate program to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Babar Khan is an experienced cross-border tax professional with over 14 years of experience in US & Canadian tax compliance and advisory work. He specializes in taxation for Expatriates, Business Travelers, High Net Worth Individuals and Owner-Managed businesses. Babar also teaches at Canada’s Schulich School of Business and CPA Ontario. Babar holds an MSc (Tax) from University of Oxford (UK), an MBA from Schulich School of Business and a BBA from University of Toronto. He is also a dual US and Canadian CPA. Babar also serves on the board of a UK based EdTech company.
Testimonials
I highly recommend the Certificate in Individual Tax Returns. Although it covers an extensive agenda, the instructor Babar Khan made it enjoyable, clear, and practical, opening space for attendee participation and questions. The practical cases covered throughout this course provided me with excellent learning as well.
Mr. Khan was very supportive in my learning experience. His presentation skills and knowledge about the topics made it easy to learn. His dedication to the extra office hours was much appreciated. Also relating the topics to his real life experience helped me relate to the learning material. Also one cannot expect to benefit from this course if they're not willing to do the readings and try the cases.
Finally, I found the course to be interesting and as a result have increased my knowledge of other tax issues.
This was my first time taking a CPA course and I am very happy I did! Babar is a delightful and engaging instructor. He has a great presentation style, and gave us lots of opportunities to ask questions and discuss items. Babar’s case studies are also very realistic of the various typical taxpayer situations we encounter, and how we as tax advisors should proceed.
After completing this course with Babar, I am much more confident in my abilities to advise clients and how to prepare PYD and NR returns.