Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course provides a detailed technical review of the numerous issues faced when preparing terminal or year-of-death filings.
The last tax return for a deceased individual carries significant implications for the executor and the inheritors under the will. In order to alleviate potential misunderstandings, this course provides a detailed technical review of the numerous issues faced when preparing terminal or year-of-death filings.
Specifically, the course emphasizes the preparation of returns and related planning for terminal filings. You will receive a review of relevant tax issues, engagement management, updated sources of tax research, and an overview of CRA assessing practices. In order to infuse the course with practical relevance, you will prepare and discuss real-life case studies pertaining to terminal filing.
Topics Include:
- Engagement management
- Tax filings upon death
- Identification and understanding of detailed compliance issues
- Compliance related to RRSPs and deferred income plan rules
- General compliance relating to terminal filings
- Identification of GST/HST matters
NOTE: No updates or changes were made to the 2023 version of this course. If you completed the course in 2022, please be advised the 2023 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.
Key Takeaways
Upon completing this course, you be able to:
- Establish a plan for approaching terminal filing assignments.
- Identify and effectively utilize the different types of tax returns that may be filed for a deceased individual.
- Identify and address significant issues relating to year-of-death filings.
Who Will Benefit
While all professionals will benefit from this seminar, the seminar particularly targets practitioners who complete individual terminal tax filings and have an interest in understanding related planning strategies.
Prerequisite(s)
Prior to enrolling in this course, participants should possess knowledge of personal tax and ideally have experience in preparing T1 personal tax returns.
How to Access the Course
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 course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.