This course is designed to provide an overview of the changes and challenges facing taxpayers when filing their personal taxes in 2023
This course is designed to provide an overview of the changes and challenges facing taxpayers when filing their personal taxes in 2023. The course covers various topics related to personal tax filings, such as recent budget changes, inflation, tax brackets, index increases, and basic personal amounts. The goal is to help taxpayers understand how these changes may affect their personal taxes and to provide strategies for navigating them.
The course begins with an overview of the landscape of personal tax filings in 2023 and how it is rapidly changing. It covers recent budget changes and their impact on personal tax changes. The course also provides information on how changes to federal tax brackets and indexing to inflation can affect taxpayers.
The challenges and uncertainties facing the Canadian economy are also discussed, including inflation, supply chain disruptions, and the COVID-19 pandemic. The course provides information on how the increase in basic personal amounts will impact taxpayers and industry stakeholders.
Finally, the course explores the development of new tax forms and fairness in adjusting prior-year returns. The course offers practical strategies for navigating the pitfalls of personal tax filings in 2023 and how to prepare for future tax seasons.
Manager | Newman & Sversky
Allen Gold is an experienced Certified Public Accountant with over 30 years of professional experience. He has worked with several accounting firms throughout his career, starting in 1987 when he began working as an Accountant at Coopers & Lybrand. From 1996 to 2001, Allen worked as a Senior Accountant at Stern Cohen LLP, where he gained valuable experience in assisting and advising Owner Managed Businesses on all accounting and tax matters. He then went on to work as a Supervisor at Segal LLP from 2003 to 2006, where he continued to build his expertise in the field. From 2006 to 2014, Allen worked as a Senior Manager at Sloan Partners, where he managed client relationships and provided expert advice on accounting and tax matters. Currently, Allen serves as a Manager at Newman & Sversky, where he has been working since 2014. In this role, he continues to provide clients with exceptional accounting and tax services. Throughout his career, Allen has demonstrated a commitment to providing high-quality services to his clients and has become well-respected within the accounting profession. He is known for his technical expertise and his ability to build strong relationships with clients.
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.
