Practice & Prepare 10 Real-Client T2 Corporate tax returns

Prepare & Practice 10 Real-Client T2 Returns
Learn comprehensive Tax Planning + Full Solutions  

Investment Company,
 Manufacturing, Consulting,
SR&ED, Entertainment, Medical PC, Law/Legal PC, 
IT Consulting, Restaurant & Holding Company 

Sign-up for a Free Trial

Package 2 includes: 

Ten T2 Corporate Tax Practice Cases based on REAL CLIENT 

Course Objective: Prepare 10 real client corporate tax returns from start to finish in any T2 tax software (TaxPrep, Profile, Cantax, etc.). Learn comprehensive tax planning for owner-manager CCPC small business and incorporated entities. The course includes very detailed full-length solutions. 

Course Pre-requisite: Must have completed the "Preparing T2 Corporate Tax" course - Click Here


Limited time offer: Premium Option includes free access to Preparing T2 Corporate Tax course


1. Investment Company

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to an Investment Company
            • Taxation of investment income including dividend income, capital gains, and interest income
            • Planning relating paying out eligible and in-eligible dividends
            • Planning relating to RDTOH, PartIV Tax, and dividend refund
            • Planning relating paying out CDA dividends
            • Taxation of rental properties, CCA limitation, and expense deductibility
            • Utilization of Capital losses
            • CCA schedule and deduction
            • Tax planning opportunities


2. Manufacturing Company

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to a Manufacturing company
            • Taxation of deferred revenue and reserves relating inventory and accounts receivable
            • Deductibility of bonuses, inventory allowance, and warranty provisions
            • Planning relating paying out dividends to the shareholder
            • Tax implications of disposition of capital assets; accounting gain vs. recapture for tax purposes
            • Income splitting strategies
            • CCA schedule and deductions
            • Tax planning opportunities

3. Consulting Business

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to a Consulting business
            • Taxation of deferred revenue; advance deposits
            • Deductibility of certain accounting expenses such as contingent liabilities, life insurance 
            • Tax and legal implications of paying dividends from Negative Retained Earnings 
            • Tax Instalments
            • Income splitting strategies
            • CCA schedule and deductions
            • Tax planning opportunities

4. SR&ED Business

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to companies doing research and development
            • Taxation of SRED expenditures 
            • How to prepare a basic SR&ED claim in the Tax return
            • Various components of SR&ED claim
            • Tax treatment of accounting gains and losses
            • Deductibility of certain accounting expenses
            • CCA schedule and deductions
            • Tax planning opportunities

5. Entertainment Business

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to an Entertainment business
            • Utilization of tax losses planning
            • Application of Non-capital loss carry forward from prior three years to reduce current year income
            • Application of Capital loss carry forward  
            • Deductibility of certain accounting expenses such as legal fees
            • CCA schedule and deduction
            • Allocation and sharing of small business deduction limit among associated corporations
            • Tax planning opportunities

6. Doctor/Dentist - Medical Professional Corporation

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to a Medical Professional Corporation
            • Common income splitting strategies using a medical professional corporation
            • Salaries to family members and dividend sprinkling 
            • Common share structure to allow for income splitting opportunities
            • Deductibility of certain accounting expenses such as donations, golf club fees, and staff events 
            • Tax implications of paying dividends to family members
            • CCA schedule and deductions
            • Tax planning opportunities

7. Law Firm - Legal Professional Corporation

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to a Law Firm or Practice
            • Taxation of Work-in-Progress (in light of 2017 Federal Budget)
            • Deductibility of certain accounting expenses such as contingent liabilities, life insurance
            • Planning relating paying out dividends to the shareholder
            • Income splitting strategies
            • Tax Instalments
            • CCA schedule and deductions
            • Tax planning opportunities

8. IT Consulting Corporation

T2 - Tax return will include the following tax issues and tax planning:

            • Common tax issues relating to an IT consulting businesses
            • Tax issues relating to a Personal Service Business (PSB)
            • Limitation of expense deductibility of a PSB
            • Tax issues relating to Small Business Deduction (SBD)
            • Deductibility of certain accounting expenses
            • Utilization of Capital losses
            • CCA schedule and deductions
            • Tax planning opportunities

9. Holding Company

T2 - Tax return will include the following tax issues and tax planning:

            • Taxation of income from a corporate partnership
            • Tax treatment of allowable business investment loss (ABIL)
            • Tax treatment of accounting impairment
            • Taxation of investment income including dividend income, capital gains, and interest income
            • Planning relating to RDTOH, PartIV Tax, and dividend refund
            • Planning relating paying out eligible and in-eligible dividends
            • Planning relating paying out CDA dividends
            • Utilization of Capital losses
            • Tax planning opportunities

10. Restaurant Business

T2 - Tax return will include the following tax issues and tax planning:

        • Restaurant Industry-specific tax issues
        • Taxation of deferred revenue and reserves
        • Deductibility of inventory obsolescence and theft provisions; auto lease, life insurance
        • Planning relating paying out dividends to the shareholder
        • Tax implications of the disposition of capital assets; accounting gain vs. recapture for tax purposes
        • Dividend strategies
        • CCA schedule and deductions
        • Tax planning opportunities


LIMITED TIME OFFER: PREMIUM OPTION FOR PACKAGE 2 INCLUDES FREE ACCESS TO

PREPARING T2 CORPORATE TAX COURSE

What People Are Saying About Us

Meet our happy clients and find why our course is the preferred choice.

"Excellent training - I found the hands-on practical experience very very useful"

Carol Miller, CPA student

"Very useful and practical courses, the instructor is very knowledgeable. Will definitely recommend to all CPA students"

Brandon Riley, CPA student

"The courses were very well structured and organized. Keep up the good work! I'd love to attend more sessions"

Jonathan Lawson, CPA student

"The step by step video tutorial is easy to follow and the case study that required marking and feedback. Overall a Brilliant Course!!"

Bruce Smith, CPA Student

Course Price Options:

Quality service at an affordable price.

Regular

$999 $2000

Includes 1 hours of one-on-one Skype or Webex meetings

1yr - One year of unlimited access

Purchase Now

Premium Plus

$1499 $2500

Includes 10 hours of one-on-one Skype\Webex or in-person meetings

2 yrs - Two years of unlimited access 

Purchase Now

It’s 100% risk-free! If you cancel within 12 hours and you’re not completely satisfied, we’ll give you all of your money back.

All courses include 1-Year online access and Unlimited 1-on-1 Support from the Instructor via Email, Text/SMS, Short Phone Calls, and Onsite Chat 

Frequently Asked Questions





How long do I have access to the course?

Your online access will expire in one year from the sign-up date. The course is completely delivered online via topic-by-topic tutorial videos, real-client practice cases, full-length detail solutions, reading notes and powerpoint presentation slides. You can study at your own pace and can access the content online at any time from any where.

What if I have questions as I complete tutorial videos and practice cases?

We provide unlimited support via email, text, SMS, short phone calls, and website online chat. You can ask as many questions as you want and when you want.

How do you offer the one-on-one training sessions?

If you are in Toronto area, we can meet in-person to discuss your questions. Otherwise, we can meet online via Skype, Webex or Teamviewer.

How is the course taught?


The course is presented through a series of topic-by-topic videos. The videos include a technical discussion and theoretical overview of a given topic and a walkthrough of a real client practice case in the software. This allows students to learn the concepts at their own pace and review a particular topic again and again.

Do you provide access to the software for hands-on learning?

Yes, the course includes instructions to download TaxPrep T2 Corporate Tax and T1 Personal Tax return software (practice version only). The T2/T1 software can be used for practicing real-client cases and hands-on-learning. Please note we are not licensed or authorized to sell or distribute any software.

Who is the course instructor and can I contact the instructor to discuss questions?

Click Here to view instructor's profile. Yes, you can contact the instructor at any time you have questions. You can email the instructor at support@accountingtraining.ca

What kind of accounting or tax knowledge do I need to have before taking this course?

You should be familiar with basic accounting concepts. Ideally, you should have completed university level accounting course.

Are there any tests, quizzes or exams?

No. There are no tests, quizzes or exams. It is a self-study course and includes practice cases. Detail solutions are provided.

How often is the course updated?

The course is updated on an annual basis to keep up with changing tax legislation. We also update the course with any new budget information that is important to the course content throughout the year when applicable.

Can I re-take or re-attend the course?

Yes, you will have unlimited access to the online course content.

Is this course eligible for PD credits? Do you issue certificates?

Yes, you will earn verifiable PD credits and a certificate of completion will be issued after you complete the course.

Do you provide resume tips, interview tips, and career tips?

Yes, we provide students with resume tips and career advice.

What if I am unhappy with the course?

If you are unsatisfied with your purchase, contact us within the first 12 hours and we will give you a refund. Please review the refund policy here.




Why study Online vs. In-person training classes



Online plus 1-to-1 of Skype Training

In-Person Training


Go at your own pace, practice and review as needed


1-3 days of intensive training that might not stick


Learn from the comfort of your own home or office


Commute to some community college or seminar facility


Go back to training materials whenever you need or want to


“Access” training for only those few days


Follow the course progression or jump around to whatever section you need


Rigid structure and progression


Skip to exactly what you need, when you need it. Don’t waste time with material you don’t need.


Might waste time with stuff you already know


Get started right now


Attend in a week, month, or sometime in the future


100% money-back guarantee if you aren’t happy


Might offer refund before class, but probably not after it’s over


Certificate of Completion


Maybe a certificate?


1-year unlimited Access


1-3 days and you’re done


Ask unlimited questions from the CPA instructor anytime


Difficult to get 1-on-1 time from the instructor in a classroom setting


Unlimited 1-on-1 support from CPA instructor via Email, Text/SMS, Short Phone Calls, and web-chat 


No help available after the class is over




Get the practical skills that will set you apart on interviews, resume and on the job!



Our CPA Educator:

Learn from the expert and qualified trainer:


Instructor's Profile

Over 12 years of experience in Canadian Domestic and International Taxation

Work Experience
      • Currently a Senior Tax Manager at one of the Big7 firms in GTA
      • Previously a Tax Manager at PwC Canada
Qualifications and Designations
      • Chartered Professional Accountant (CPA) 
      • Chartered Accountant (CA) 
      • CPA In-Depth Tax (Level 1, 2 and 3)
      • CPA In-Depth International Tax
      • BBA from University of Toronto
Teaching experience
      • Seminar Leader/instructor at the CPA for Professional Development courses
      • Instructor at the CPA for In-depth Tax program (Year 1 and 2) Group Study and In-residence
      • Instructor at the CPA for Professional Education Program (CPA PEP) courses and modules
      • Instructor at the CPA for CPA Preparatory Courses courses and modules
      • Instructor at the CPA for Capstone 1 and 2 workshops
I have over twelve years of experience in providing comprehensive tax planning, consulting and compliance services to both multinationals and Canadian public & private companies in a broad range of industries and sectors. He is responsible for providing Canadian tax advice and compliance services including advising clients on cross-border transactions, mergers and acquisitions, tax planning and compliance, and assistance with Canada Revenue Agency audits. Our instructor obtained his Bachelor of Business degree with a specialization in accounting and finance from the University of Toronto. 

Feel free to call me at 416-275-6540 or email at support@accountingtraining.ca

Why Choose AccountingTraining.ca

one-on-one training

Hands-on Experience

Practice on real-client files on the software. Prepare real NTR and T2 corporate tax returns from start to finish. Free T2 trial software for practice.


online

Online Courses

Online training includes hundreds of topic-by-topic videos, real case studies, practice cases, reading material and valuable resources


Instructor

Talk to Expert CPA

Communicate directly with the course instructor by asking questions throughout the course. Click here to view Instructor's Profile


one-on-one training

One-on-One Session

Schedule 1-on-1 Live Skype Sessions to discuss any Question with an Expert CPA


ondemand

On-Demand

Unlimited One Year Access 24/7/365. Study at your own pace, when you want and at your convenience


Expert-presenters

Proven Reputation

 Over 94% of our students highly recommend us to other students.Our student satisfaction is 100%.


bank-grade-security-for-personal-info-cpdformula

Unlimited Support

Unlimited Email, Text/SMS, Short Phone Calls, and Onsite Chat Support

realworld p

Real Client Files

Practice Real Client Cases on the Software with Detailed In-Depth Solutions

we-track-your-cpd-certificates

CPD Certificates

Earn Verifiable CPD Hours for CPAs