Personal/Self-Employed Tax Preparation Certificate

Duration: 24 hours + Free 60 hours of Job Training
Program Fees: $ 1,185.00

This program incorporates intensive hands-on teaching and mentoring to help you learn how to apply your Canadian Tax knowledge and tax software skills to real full-cycle tax cases. You will learn how to file your tax return using the Government of Canada’s online tax return service, Netfile. You will also gain familiarity with other methods of filing personal taxes and self-employment taxes and you will know how to use U-file for newcomers, families, students and seniors. The course also covers income tax liabilities for Canadian residents with income, deductions and credits. By the end of this course, you will know how to handle self-employed business returns with income/expenses determination and calculation.

Results:
When a student completes the three levels of Personal Tax Preparation courses, he/she will know how to deal with newcomers, families, students and seniors through U-file. You will learn the income tax liabilities for Canadian residents with income, deductions and credits from tax perspective. The course will also let you know how to handle self-employed business return with income/expenses determination and calculation.

Handling tax preparation cases in a real business environment will enable you obtain useful practical skills in your pursuit of tax accountant career.

Core Courses: Tax Preparation- Basics, Tax Preparation- Essentials, and Tax Preparation- Advanced.

Tax Preparation- Basics

Standard Course Fees: $395.00/ 8 hours
Date & Time: 1 on 1 Training; flexible date & time

At the basic level of individual tax return you will learn the following concepts:

  • Income tax Residents and Deemed Residents in Canada
  • Understanding income, tax deductions and credits
  • Employment income
  • Personal Income Tax Deductions
  • Personal tax credit

Results:
After completing this level of Personal Tax Preparation courses, you will know the income tax liabilities for Canadian residents with income, deductions and credits from tax perspective.

Tax Preparation- Essentials

Standard Course Fees: $395.00/ 8 hours
Date & Time: 1 on 1 Training; flexible date & time

At this level of individual tax return you will learn the how to handle the different residents and tax return E-file software:

  • Newcomers, families, students, seniors
  • Registered Retirement Savings Plan (RRSP)
  • The Tax Free Savings Account (TFSA)
  • Working Income Tax Benefit
  • Submitting Tax Return with U-file

Results:
After completing this level of Personal Tax Preparation courses, you will know how to deal with newcomers, families, students and seniors through U-file.

Tax Preparation- Advanced

Standard Course Fees: $395.00/ 8 hours
Date & Time: 1 on 1 Training; flexible date & time

Designed to equip you with the skills and knowledge to handle a variety of situations, this tax preparation course covers advanced concepts and expands upon previous knowledge.

  • Investments
  • Rental Properties and Principal Residences
  • Provincial / Territorial schedule – Alberta
  • Self-employed

Results:
After completing this level of the courses,  you will know how to handle the investments and self-employed business return with income/expenses determination and calculation. In addition, you will understand the provincial tax rule, especially in Alberta.