Advanced Personal TaxPrep - Software Training

COURSE OVERVIEW:

This course is designed specifically for tax practioners with previous experience in T1 preparation.

In this specialized course we cover more intermediate to advanced topics such as: tax returns for non-residents, Part XIII tax, s.216 tax return , part-year inbound, part-year outbound, NR73 residency determination, pension income splitting, medical credits, old age security, and much more.

This course is customizable. We are more than willing to cover topics not mentioned here provided that you let us know in advance.

This is a case-based course that deals with practical issues, and deal directly with the personal tax return, the forms and schedules utilized in preparation of such returns.

LEARNING OBJECTIVES:

PREREQUISITES:

Previous T1 preparation experience is required.

COURSE MATERIAL:

Computer and software (software will be provided in class)

OUR COURSE OUTLINE:

  1. Overview of the Personal Taxation system in Canada (Overview)
  2. How to Navigate through Canadian Personal Tax Prep – STARTING STEPS
  3. Type of Taxes & Tax Returns
  4. Canadian Tax Obligation for Non-Residents
  5. Practice of Case #1 - Non-Resident Tax Return for Part I Taxes Owing
  6. S.216 Return
  7. Practice of Case #2 - S.216 return for non-residents
  8. Part Year Tax Returns
  9. Practice of Case #3 - Part-year inbound
  10. Deemed Disposition
  11. Practice of Case #4 - Part-year outbound
  12. Residency determination when leaving Canada
  13. Impact of becoming non-resident
  14. Medical Expenses
  15. RRSP Income Splitting - Tax Planning
  16. Pension Income Splitting
  17. Slips that record pension income
  18. Practice of Case #5 - Pension Income Splitting
  19. Q&A

FREQUENTLY ASKED QUESTIONS

WHATS MAKES HTKCONSULTING DIFFERENT?

Our TaxPrep Personal course goes beyond just teaching students on how to use TaxPrep. We have used our extensive background in personal tax preparation to design real life case simulations, which our students will have an opportunity to go through in our class. Our students will follow along on their laptops as we demonstrate how to prepare tax returns for different types of taxpayers (students, family, full-year resident, part year resident, and seniors).

In addition, our students will also have an opportunity to try another real-life simulation case all by themselves, while our instructors provide supervision. This, we believe, will give students an opportunity to put into practice what they have learned and become more familiar with the steps and schedules involved. The beauty of these cases are that they contain all the notable personal tax topics that an entry level accountant will face, so you could be confident going into the field.

We are big believers in excellent customer service, at the end of every class we provide resume tips and allow a student to re-attend a personal tax class free of charge! We are also more than happy to help answer any questions you may have as you practice our cases at home.

WHAT SOFTWARE DO WE USE?

We train students using Personal TaxPrep. Personal TaxPrep is used by most Chartered Accounting (CA) and Certified General Accounting (CGA) Firms in Canada.

If you want to learn more about Personal TaxPrep please click here

WHAT ARE THE QUALIFICATIONS OF THE INSTRUCTORS?

Training will be conducted by designated professional accountants with a lot of practical experience in big 4 and small professional accounting firms.

HOW MUCH DOES IT COST?

The cost is $300. Group course/student packages are also available at 20% discount. At HTKConsulting we are big believers that money should not stop you from learning, and accordingly we provide special discount to people with financial needs.

WHAT IS THE DURATION OF THE COURSE?

Most of our classes have a duration of 1 complete day i.e. (9am – 5pm).

WHEN ARE THE CLASSES HELD?

The classes are usually held on the weekends.

HOW DO I ENROLL FOR THE COURSE?

You have to send us an email at info@htkconsulting.com, call us or submit an online form.

HOW DO I PAY?

We accept cash, paypal, and interac e-transfer, and the payment is due on the day of class.

CAN I RE-ATTEND THE SESSION?

Yes, you can re-attend the session for FREE.

WHAT DO I NEED FOR THE COURSE?

You will need a laptop (If you do not have a laptop, we will provide you with one in class).

WILL YOU PROVIDE CAREER TIPS?

Yes at the end of each session we provide students with the resume tips and career advice.

DO I GET A CERTIFICATE?

Yes, you will be provided with an official HTK Consulting certificate of completion at the end of each session.