This comprehensive course provides small practitioners with a detailed overview of essential tax updates impacting their work in 2024. Dive deep into legislative changes, capital gains rules, employee ownership trusts, and crucial updates on tax credits and rates. Designed to help CPAs navigate complex and ever-evolving tax laws, the course offers practical insights and actionable guidance for client advisory and strategic tax planning. Stay ahead of the curve and ensure your practice is ready to manage these changes efficiently and effectively.

Topics List:

• Legislative Updates and Tax Politics
• Changes to Tax Rates and Indexation
• Capital Gains Inclusion Rate Adjustments
• Employee Ownership Trusts and Exemptions
• Canadian Entrepreneurs Incentive
• Impacts on Corporations and Capital Dividend Accounts
• Modifications to Capital Gains Reserve Rules
• Depreciable Asset Transfer Rules and Elections
• GST/HST Updates for Small Businesses
• Trust and Partnership Reporting Requirements
• Alternative Minimum Tax Adjustments
• International Tax Considerations and Compliance
• CCA and Immediate Expensing Measures
• CRA Enforcement and Compliance Changes
• Principal Residence Exemption and Real Estate Reporting
• Implications of the Canada Disability Benefit Updates
• Tax Planning for Investments and Asset Transfers
• Strategies for Post-Mortem Tax Planning
• Compliance with New Withholding Requirements
• Tax Software and Filing Challenges for 2024