
Are you ready for corporate tax season? This course will explain how to complete a corporate tax return (a T2). Tax compliance rules and deadlines are also discussed. There are numerous examples to explain everything needed for tax season.
Features
This course discusses the following:
• Due dates, late filing penalties, tax preparation software, and the T2 Short
• First-time tax filers, GIFI, and covid subsidies
• Net income for tax purposes, capital gains, capital cost allowance (CCA), recapture and terminal loss
• Taxable income, loss carryovers, tax credits (including the small business deduction), related and associated
• Refundable taxes, RDTOH, and dividend refund
• Allocating taxable income among provinces
• What happens after you file the return, instalments and how to amend a T2
Features
Verifiable
Online
Anytime

1
Quiz
1
Text
1
Video

Jason was a tax manager at a Big-4 CPA firm. He marked the professional accounting exam (the UFE) and taught tax week at Summer School for CPA Ontario. Jason is the author of CFE Tax- A Guide to Understanding the Basics of Canadian Income Taxation. Jason lectures at York University.