Most common CRA Reassessment causes and best options for Elections
What are the most common CRA reassessment causes? What are the best options for tax elections? This course explores these key questions and provides a practical refresher on mitigation strategies that can help you or your clients avoid costly surprises. CRA reassessments are often triggered by common errors or oversights—and knowing what to watch for is your first line of defense.
You’ll also review the most effective tax election options available and how to approach them strategically. Whether you’re a tax professional or managing corporate filings, this course will equip you with actionable insights to reduce reassessment risks, enhance compliance, and make informed decisions with confidence.
Accounting Consultant CPA; CGA, Published Author, Professor, HuffPost Guest Blogger, Award Winning Writer
Designated Accountant with over 15 years experience within technology, 3PL, and SaaS industries. Proven track record of project management specialized in revenue optimization strategies, expense reduction, process improvement delivery and implementation. Results driven through use of technology integration to create synergies throughout company wide business units to support delivering financial and non-financial optimization and recovery of assets and resources.
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.
