Preparing and Filing Trust Returns, AC Recorded Webinar Mar 2022

OVERVIEW

Do you need to prepare T3 returns? Learn about the latest T3 filing requirements, including the brand new T3 EFILE, as well as tips for preparing T3 returns and slips and an update on upcoming changes to T3 compliance.

This 2-hour webinar will focus on various issues related to preparing and filing T3 returns and slips and provide you with numerous tips to help in your T3 preparation and filing.

 Topics covered include:

• Requirements to file a T3 return

• Electronically filing the T3 return

• Filing deadlines

• Entering beneficiary information

• Reporting income and expenses

• Allocating income to beneficiaries

• Dealing with losses

• Printing and filing T3 slips

• Upcoming changes to T3 filing requirements

• Dealing with the CRA

Portions of the webinar will be presented using the Taxprep for Trusts software program in order to illustrate the forms and calculations involved as well as the EFILE process.

Target Audience:

This webinar will be of most interest to tax practitioners, lawyers and accountants (practicing independently or in small to medium sized firms) who need to file T3 Trust Returns but may also be useful to financial planners working in financial institutions or wealth management firms, and other service professionals.

Professional Development Credits:

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.

Presenter:

Maureen Vance, CPA, CA

Maureen obtained her CA with Peat Marwick Mitchell (a predecessor of KPMG) and joined Taxprep (now part of Wolters Kluwer) in 1985. She completed the CICA In-depth tax course in 1991, and since 2002, she has been a consultant to Wolters Kluwer on tax and compliance issues.

Maureen researches and writes material on tax planning and compliance and presents seminars and webinars on various tax and software topics to accounting firms across Canada. She is a member of the CRA-CPA Canada Technology Working Group, a contributor to the CPA Canada Tax Risk Management Guide, a contributing author for the Wolters Kluwer publication Preparing Your Partnership Returns and a frequent contributor to the Wolters Kluwer Canada publication Tax Topics.