Business and Corporate Taxation T2 Certification
Location: MS Teams
Time: Tuesdays and Thursdays 6:00pm to 8:30pm EST
Start Date (Tentative): Tuesday, Novemver 26, 2024; End Date: Thursday, December 12, 2024
Start date may be subject to change.
Course Description:
Students will gain a practical understanding of the Canadian income tax system, enabling them to navigate business and corporate tax obligations effectively and significantly boost their financial literacy.
Key Course Topics:
- Exploration of key business activities
- Explanation of business structures
- Payroll obligations
- T2125 Form - Income and Expenses
- Capital properties
- Cross-provincial allocation of income
- Losses: Business, rental, and investment
- Explanation of partnership structures
- Corporate tax T2
- GST/HST returns
- Corporate E-File, GIFI, RSI
- Alternative Minimum Tax (AMT)
- Tax software (UFILE)
Prerequistes:
Satisfactory completion of Fundamentals of Personal Income Taxation course is strongly recommended; or
Sufficient knowledge of Canadian personal income tax.
Instructor:
Zaimin Karmali CPA