Build practical tax fundamentals for owner-managed business clients by focusing on two structures that drive most planning conversations—compensation choices and partnerships—plus a current-year update. You’ll learn how salary versus dividends affect both the shareholder and the corporation, including common inter-corporate transactions such as management fees, rent, and intercompany loans. You’ll also strengthen your understanding of how partnerships and partners are taxed, preparing you to advise clients considering partnership structures. The tax update rounds out the bundle by highlighting recent changes that may affect accepted planning techniques.

Courses Include:

• Income Tax: Owner-Manager Compensation
  This course provides you with a working knowledge of the tax effects of the use of salary and dividends as compensation to owner-managed business from both the shareholder and corporate perspective. The course will look at inter-corporate transactions for small businesses including management fees, rent, and intercompany loans.
   
• Income Tax: Partnerships
  This course highlights the manner in which partnerships and their partners are taxed, with reference to the relevant statutory provisions, case law and CRA administrative positions. The course provides participants an overview of the “what” and “why” issues in preparing returns and prepares participants to better advise clients with or considering partnership structures.
   
• Income Tax: Update 2025
  Providing a high-level summary of tax law changes in the past year, this course examines current changes and relevant issues in taxation that affect individuals and most businesses in the private sector. Learn how the current levels of personal and corporate tax rates affect and possibly change accepted tax planning techniques.

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Upon completion of this bundle, learners will be able to:

• Compare salary and dividend compensation strategies and calculate tax impacts for common owner-manager scenarios.
• Understand inter-corporate transactions used by small businesses and the tax considerations they create.
• Explain partnership taxation basics and the key differences from corporate taxation.
• Identify planning opportunities and common pitfalls when advising owner-managed clients.
• Stay current on recent tax changes that affect individuals and private corporations.