Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This comprehensive course is designed to provide accounting professionals with essential knowledge and practical skills in partnership taxation. Participants will gain a thorough understanding of partnership formation, types, and filing requirements, learn to determine and manage partnership income and loss, and explore the tax implications of partnership reorganizations. Additionally, the course covers administrative matters such as changes in partnership structure and compliance with deadlines. Through hands-on experience with tax software and a practical case study, participants will apply theoretical knowledge to real-world scenarios, including completing the partnership tax return T5013.
Topics Include:
| Module | Topics |
|---|---|
| Module 1: Foundations of Partnership |
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| Module 2: Taxation of Partnerships |
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| Module 3: Partnership Reorganizations |
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| Module 4: Administrative Matters |
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| Module 5: Partnerships in the Corporate Structure |
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| Module 6: Practical Application and Case Studies |
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Note: Software is not provided as part of this course. Training is not specific to any software after the training a participant can use any software to apply their learning.
Other Available Sessions
Key Takeaways
Upon completing this course, you will be able to:
- Gain a thorough understanding of what constitutes a partnership, including formation processes, types, and filing requirements.
- Learn to determine and manage partnership income and loss, including allocation and reporting for partners.
- Explore tax implications and strategies for partnership reorganizations, including property contributions and rollovers.
- Understand administrative matters such as changes in partnership structure, fiscal year-end requirements, and compliance with deadlines.
- Apply theoretical knowledge to real-world scenarios using tax software, with a practical case study and step-by-step guidance for completing the partnership tax return T5013.
Who Will Benefit
This course is designed for employees and partners of public accounting firms, as well as individuals working in the tax industry seeking to enhance their tax compliance and planning skills.
How to Access the Course
This course is a live webinar. You must attend the live course to receive verifiable CPD hours. We recommend you join five minutes prior to the scheduled starting time. To get the full experience of this interactive course, use a computer that has video and microphone capabilities.
Electronic material can be accessed one week prior to the course and should be downloaded in advance.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.
Speaker(s)
Haroon Khan is an experienced tax professional, having served over 14 years at the world’s leading accounting firms, including the Big 4, as Senior Tax Manager and Tax Partner. Haroon obtained his Bachelor of Business Administration degree from the University of Toronto before qualifying as a CPA, CA in Canada and as a U.S. CPA in the State of Illinois. He has also completed all three parts of CPA Canada’s In-Depth Tax Program. He co-founded multiple start-ups, these ventures have allowed him to assist over 100,000 professionals across Canada, the US, and internationally.