Tax learning during COVID-19

New tax challenges are on the rise as CPAs continue to navigate what the pandemic means for their work and the profession. Make sure your skills and toolkit are up to date.

There’s no such thing as “business as usual” during a crisis. This is especially true for CPAs. You play a critical role on the frontlines by helping the Canadian accounting profession practice one of our core tenets: acting in the public interest.

We recognize what a challenging time this is – but using your expertise can make a difference.

People and businesses alike need reliable insights on tax. By providing valuable, timely guidance on the tax implications of COVID-19, you’ll be able to serve others now, and invest in yourself for the future, by building skills for the post-pandemic world.

Our flexible online courses and trustworthy digital publications will help you keep up with what’s new while staying on budget. Browse below for a roundup of practical training options and reference materials to support your work at every step, accurately and with confidence.  

Online tax learning

Feature course: Get 20 per cent off until July 15

Ethics and Tax
Members $289, Non-members, $335 | 4 CPD hours  

Learn how to apply key concepts to the ethical issues you face every day, with experience-based guidance from a wide range of tax practitioners. You’ll also get an overview of ethics in the profession, including why it’s essential to a successful tax practice, and review best practice models for ethical decision making.  

More courses

Accounting for Income Taxes
Members $795, Non-members $895 | 20 CPD hours  

Dive into the fundamentals of accounting for income taxes in Canada under both IFRS and ASPE, including recognition, measurement, valuation, presentation, and disclosure. You’ll also build stronger skills in accounting methodology for managing issues such as deferred tax and GAAP measures for Canadian entities.

Overview of Canadian Tax and Law
Members $595, Non-members $645 | 15 CPD hours  

Get an overview of both systems, with the curriculum divided into two sections. The tax section explains the objectives and the structure of the Canadian tax system, covering allowable deductions and how to determine income for tax purposes. The law section will bring you up to speed on the tools and concepts you need in commercial transactions and contract law.

Safe Income and Safe Income on Hand
Members $595, Non-members $695 | 14 CPD hours  

Explore the fundamentals of safe income and safe income on hand for Canadian corporations. You’ll learn about the most recent legislative changes to the Income Tax Act, as well as how to calculate safe income and what the exceptions are, the effect of capital gains stripping, and tips for allocating safe income to various share classes.

U.S. Corporate Tax for the Canadian Practitioner
Members $475, Non-members $525 | 10 CPD hours  

Make sure you understand critical American tax issues when dealing with client transactions south of the border. In this course, you’ll learn about the core concepts of the American corporate tax system, including state and local taxes, how to calculate federal income tax, and key elements of tax administration and reporting.

SR&ED Fundamentals
Members $595, Non-members $695 | 12 CPD hours  

The fundamentals of SR&ED in Canada made clear. Get a closer look at our country’s federal and provincial SR&ED programs and the latest compliance requirements, with practical tips on how your firm can improve its journey through the SR&ED cycle, maximize support through tax credits, effectively resolve disputes and more.  

Essential tax publications

Feature resources: Get 20 per cent off until July 15

Canadian Tax Principles
The industry standard for general practitioners. Resolve tax issues with confidence and get straightforward answers to all of your personal and corporate tax questions.

Commodity Tax News
A comprehensive subscription with the latest developments in GST/HST, provincial sales taxes, and customs and trade issues, including recent government releases.

Tax Risk Management Guide
Stay ahead of the curve with valuable guidance. Use the TRMG to better manage risk, avoid common pitfalls and improve the effectiveness of your practice.  

More resources

Federal Income Tax Act Collection
A combination of reference materials with in-depth tax commentary, case law and much more. Available online with different levels of coverage: Lite, Plus, Platinum and Premium.

Professional Accountant’s Reference Service
Find everything you need, all in one place. PARS comes with some of our most popular titles in a bundle together. Available online in two subscription formats: Standard and Plus.

Tax Suite
Whether you’re working on common tax issues or need new tips to better manage risk, Tax Suite can help. Available online with five options: Ontario, Quebec, East, West and Premium.