Taxwide Tax School

Taxwide Tax School offers the most comprehensive tax courses. You learn a wide array of tax topics and how to apply them, from a course built by experienced tax practitioners.

Level 1 (Personal Income Tax Course) Fees: $249 + Tax (Books and Training Tax Software included)

• Rental Statements – Form 776
• Employment income and deductions
• Mutual Funds and Investment Income
• Donations
• Resident vs. Non-Resident
• Carrying charges
• Registered Retirement Savings Plan (RRSP) and Pension
• Medical Expenses, Disability Credit, Caregiver Credit and Attendant Care Amount
• Union and membership dues
• Child Care expenses and child tax benefit
• Moving expenses
• Capital Cost Allowance and depreciation
• Income from USA
• Seniors tax returns with special credits and pension-splitting
• Home Buyers Plan and Life Long Learning Plan
• Single parents and tax credits
• GST/HST credit personal
• Ontario Trillium Benefit including credit for rent and property tax
• Support payments received and paid
• Tuition fees and education tax credit
• Dependents and credits for dependents
• Calculation of Federal and Provincial taxes and credits
• How to file an amendment for already filed tax return.
• Answers to your questions.

Level 2 (Corporate & Business Tax Course) Fees: $349 + Tax (Books and Training Tax Software included)

• Starting a New Business
• Name Search and Registration of Business Name
• Registration of Business for Business Number (BN) and Business Identification Number (BIN)
• Federal and Ontario incorporation of a Business
• Depreciation and Capital Cost Allowance
• Recapture and terminal losses
• Capital Gains & Losses
• Business, Rental and investment losses
• Foreign property reporting requirement
• Severance package and implications and rollover to RRSP
• Advantages and disadvantages of incorporating your business
• Final tax return for deceased person
• Attribution rules
• GST/HST returns for business
• Payroll and preparation of T4 slips and T4 Summary
• Difference between Employee & Self-Employed
• Tax returns for Sole Proprietorship: Form T2125
• Tax Returns and Information Returns of a Partnership firm.
• Corporation tax return T2
• Preparation of GIFI
• Extensive Practice on computer for all types of tax returns.
• How to make tax return audit proof
• Stock options and benefits
• USA taxes and & implications on Canadians
• Class discussions and answers to your questions
• Learn how to E-File and NetFile the tax returns