Cantax T2 Update – Spring 2023, RW Avail June 15, 2023

OVERVIEW

There have been a significant number of federal and provincial corporate tax changes in recent months. There are also proposed legislative changes that may impact corporate tax filings and planning. Tax professionals need to understand the implications of these changes. In this live 2-hour webinar, we will cover the key tax and form changes in the Spring 2023 Cantax T2 Release as well as additional proposed changes.  

DETAILS

In this 2-hour webinar, we will review the most significant tax and form changes included with the Spring 2023 T2 Release which is scheduled for May 26, 2023.  We will provide an update on the filing and payment requirements for the Underused Housing Tax, review the status of tabled and proposed tax legislation, provide an update on previously announced tax measures, and highlight the most significant items from the recent Federal and Provincial budgets.   

All attendees will receive a link toa PDF of the slides in advance of the session.  The material will also be available for download during the session.  This session is intended for those who are current users of Cantax T2 software.

TOPICS:

Tax and Form changes (Federal and Provincial), including:Electronic filing of Schedule 89
Increase in the Limit of Taxable Capital to $50 million for the Annual Business Limit for the Small Business Deduction
Expansion of Assets Qualifying for CCA Classes 43.1 and 43.2
New 30% Critical Mineral Exploration Tax Credit
Current Status of Tabled and Proposed Legislation
Update on the progress of previously announced tax measures
Highlights from the most recent Federal and Provincial Budgets including recently released draft legislation
Latest News for the Underused Housing Tax
Increases to federal and provincial prescribed interest rates 
Questions and Comments will be addressed throughout the session via a Q&A text panel

LEARNING OBJECTIVES:

Understand recent changes to federal and provincial taxes and forms 
Understand the latest changes to tax legislation including draft legislative proposals
Learn about upcoming issues that may affect corporate clients and their filing requirements
 

MINIMUM REQUIREMENTS:

You will require an Internet connection and a phone/voice connection at the same time. Most attendees use their computer for the audio. Participants are able to submit questions and comments during the session via a Q&A text panel. Terms, conditions, pricing and services subject to change.

TARGET AUDIENCE:

This webinar will be of most interest to accountants, tax practitioners, and financial planners who subscribe to the Cantax T2 software.  

PROFESSIONAL DEVELOPMENT CREDITS (CPE HOURS):

Wolters Kluwer professional development programs are designed to meet the continuing education requirements of a variety of professional associations. These requirements do vary by association and region. Please consult your provincial association to ensure this webinar meets the continuing professional development standards for your specific situation. 

Registrations for each Live Webinar are available until the start of each program. We reserve the right to substitute speakers in the case of instructor illness. In the event that we must cancel a Live Webinar, all registrants will be notified immediately and given the opportunity to either transfer their registration to another Live Webinar or a Recorded Webinar or obtain a refund. For all Live Webinars that are recorded, participants will have access to the recording for 30 Days following the Live Webinar. Partial credit will not be awarded for attendees that are not present for the entirety of the Live Webinar. Credit will not be awarded if an attendee does not answer all of the polling questions (where applicable). Additional credit will not be awarded due to the instructor presenting over the allotted time.

CANCELLATION POLICY:

Due to the costs involved with planning Web sessions, cancellations must be confirmed in writing at least one (1) business day before the beginning of the Web session. If we receive your cancellation notice within the above-mentioned period, you will receive a full refund. No refund will be issued for notices received after the cancellation period.

THIS WEBINAR INCLUDES:

30-days to review the webinar recording
Print version of the presentation slides
PD Certificate for 2 hours 

PRESENTER:

This webinar is being presented by:

Sue Deakin, CPA, CA, MAcc

Sue is a Professor of Accounting, specializing in tax, in the Lawrence Kinlin School of Business at Fanshawe College in London, Ontario.  She also teaches Corporate and Personal Taxation for Nipissing University.  Sue earned her undergraduate degree and MAcc from the University of Waterloo and her CPA designation thereafter.  She completed her co-op education with Arthur Andersen & Co in Toronto and continued to work at AA& Co. in Taxation upon graduation.  She then worked for 15 years as VP Finance in a property management company before pursuing a teaching career.  Sue has been assisting with the Wolters Kluwer webinars and seminars since the Fall of 2019.  

ASSOCIATE PRESENTERS

Assisting Sue during the session will be our veteran team of seminar presenters including, Maureen Vance, CPA, CA, Jenny Lee, CPA, CA, and Senior Training Consultant Gerry Barker.