Master the essentials of year-end reporting to ensure accuracy, compliance, and confidence when preparing and filing T4, T4A, and T5 slips.
Navigating the complexities of Canadian tax reporting requires precise knowledge of Canada Revenue Agency (CRA) requirements and deadlines. Preparing and Filing T4, T4A and T5 slips is a specialized course designed to guide tax professionals, bookkeepers, and payroll administrators through the essential processes of issuing accurate information returns. By diving deep into authoritative resources such as guides RC4120, RC4157, and T4015, this course provides a practical roadmap for compliance and error reduction.
This course moves beyond basic data entry, offering a detailed examination of the scenarios that trigger specific filing obligations. Learners will explore the nuances of reporting employment income, pension and other income, and investment returns. The content addresses recent legislative changes, including new reporting codes for dental benefits and adjustments to capital gains inclusion rates, ensuring that your filings reflect the most current tax laws. From determining the correct slip for special employment situations to calculating complex benefit adjustments, this course clarifies the distinct roles of T4, T4A, and T5 forms.
Throughout the lessons, participants will learn to identify the most reliable sources of information, distinguishing between detailed CRA guides and concise web updates. The material emphasizes the importance of accuracy in summary completions and outlines the strict deadlines and electronic filing mandates necessary to avoid penalties. Whether you are managing payroll for a corporation or handling investment reporting for a trust, this training offers the technical insights needed to manage tax season with confidence.
Course highlights include:
AJAG Professional Development was founded in 2003 with a mission of making professional development easier and more cost-effective for Canadian accountants and other financial advisory professionals. Our comprehensive range of flexible and reasonably-priced courses, programs and seminars are delivered online and in classroom-style settings in the Greater Toronto Area (Toronto, Oakville and Markham). AJAG features a roster of highly-qualified instructors who deliver content that is pertinent, up-to-date and engaging.
CPA, CA, LPA
As the Managing Director of Tucker Professional Corporation, Jonathan Tucker is an innovative tax accountant and strategic tax advisor to hundreds of health professionals on: Tax Planning & Preparation, Accounting, Practice Management, and Financial Planning.
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.
