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Courses/Tax/Tax Update *

CPA Small Practitioners' Forum 2024: Fall Tax Update 3.0

Get in-depth analysis on critical tax updates, legislative changes, and practical strategies to prepare your clients for the 2024 tax season.

Created byNathan Geib
4.6
(92 reviews)
BeginnerUpdated Nov 4, 2024
CPA Small Practitioners' Forum 2024: Fall Tax Update 3.0

What You'll Learn

check_circleAnalyze the impact of new legislative changes and their implications for tax planning.
check_circleExplain the updated capital gains inclusion rates and their effect on clients.
check_circleUnderstand the rules governing employee ownership trusts and tax deferral opportunities.
check_circleEvaluate the Canadian Entrepreneurs Incentive and its requirements for eligibility.
check_circlePrepare for GST/HST updates and new filing requirements for small businesses.
check_circleImplement effective tax planning strategies for depreciable asset transfers and elections.
check_circleNavigate CRA enforcement measures and stay compliant with evolving tax regulations.
check_circleIdentify and address key compliance challenges for trust and partnership reporting.
check_circleUtilize tax software effectively to manage complex tax calculations and filings for 2024.

About This Course

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

 

Your Instructors

Nathan Geib
Nathan Geib
menu_book44 courses
star6,833 reviews

The CPA Small Practitioners’ Forum was created to offer an inviting, semi-causal, and easygoing professional development weekend that provides substantial professional development value to small practitioners. All profit earned by the CPA Small Practitioners’ Forum is donated to the Alberta CPA Education Foundation, so you are helping young people in Canada get scholarships for university. All these courses are reviewed by the delegates at the Forum in Banff annually so we have a great lineup that is adjusted every year to keep things relevant to small practitioners. If you work at a public accounting firm in Canada with employees of 1-50 people, you are our target demographic and you should find this course useful.

Hugh  Neilson
Hugh Neilson

KRP/VTN

Hugh Neilson FCPA FCA TEP is an independent contractor to Kingston Ross Pasnak LLP, where he is a Director, Taxation Services. He is also an independent contractor to Video News Inc., where he serves as a member of the Editorial Board of Video Tax News, and appears regularly in their monthly video and newsletter. Hugh has over 30 years of public practice experience, focusing on income tax services for individuals and owner-managed private corporations. He provides tax consultation in many diverse areas, including business structuring and restructuring, negotiations with Canada Revenue Agency auditors and Appeals Officers, tax-effective compensation strategies, immigration and emigration planning and strategies for tax-effective personal, family and estate tax planning.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.6
Student's Choice
92 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.