Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course provides a high-level overview of the calculation of personal taxes, with a focus on the role of tax credits and the impact of alternative minimum tax (AMT) on overall tax payable. Participants will revisit key concepts related to common credits and foreign tax relief, while gaining a clearer understanding of how these elements interact in determining final tax outcomes. The course emphasizes core principles to support informed planning and decision-making.
Topics include:
- Personal and family tax credits including Canada employment credit, CPP and EI contributions tax credit, transfer of tax credits to a spouse and federal personal alternative minimum tax.
- Home accessibility tax credit, Adoption expense tax credit, new home buyers tax credit.
- Tax credits for tuition and student loan interest, tuition fees and Canadian training credit.
- Medical expenses tax credit.
- Donations.
- Volunteer firefighter tax credit and search and rescue volunteer tax credit.
- Contributions to federal political parties.
- Labour-sponsored funds tax credit, investment tax credits, foreign tax credits.
- Refundable tax credits, refundable goods and services tax credit, Federal clawback of OAS, tax relief on retroactive lump-sum payments.
- Tax on split income (“TOSI”).
- Income earned or not earned in a province.
- Please note that this course does not review the detailed preparation of a personal tax return.
NOTE: This course description has been revised and reflects updates for 2026. If you have any questions, please contact pdevents@cpaontario.ca.
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal. You can also access your course through the Blackboard Learn app (iOS or Android).
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Key Takeaways
By the end of this course, participants should be able to:
- Understand the calculation of taxes and the various tax credit combined with how the application of alternative minimum taxes impacts taxes payable.
Who Will Benefit
- Professionals involved in personal tax who want a structured refresher on planning concepts.
- Practitioners supporting individuals, family trusts, and owner‑managers seeking up‑to‑date, practical guidance.
Prerequisite(s)
- Personal Tax: Compliance and Planning in T1 Preparation or equivalent experience preparing personal returns.
- Recent hands‑on exposure to personal tax planning.
How to Access the Course
To access your course in Blackboard, please follow these steps:
- Go to https://pdlms.cpaontario.ca
- Select ‘Ontario’ from login menu
- Sign in using the same login credentials used to register for the course
- Navigate to your course to access the content
Important: Your course access time begins on the date of purchase and remains available for the duration noted above. Please note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.