Preparing Your Partnership Returns, 2nd Edition

The return of the latest addition to the market-leading Preparing Your Tax Returns series.

Wolters Kluwer is pleased to announce the second edition of the only compliance guide focused on the preparation of partnership returns.

Features & Coverage:

• Only publication in Canada devoted to the preparation of partnership returns
• Organized by tax forms and by filing requirements so you can easily find what you need
• Includes tips on how to report various items using tax software
• Online (IntelliConnect) format is fully searchable

Topics Covered*

Partnership Basics

• Concept of partnership
• Overview of tax treatment
• Distinguishing between partnership and other business forms of operations
• Parties to partnerships
• Types of partnerships

Preparation of Partnership Statements

• Fiscal Period
• Special Rules for Partnerships
• Partnership Statement
• At-Risk Rules
• Allocation to partners

Filing Requirements and Administrative Matters

• Filing the T5013
• GIFI
• T5013 Schedules
• T5013 slips
• T5013 Summary
• Quebec considerations
• EFile considerations

Administrative matters

• Deadlines
• Penalties
• Adjustments
• Other Administrative Matters

Non-Resident Partners and International Partnerships

• International partnerships
• Non-Resident Partners
• Withholding Tax

Selected Tax Issues

• Adjusted Cost Base (ACB)
• Dissolution
• Death of Partners
• Retirement of partners and residual partners
• Mergers - roll-out, roll-in
• Elections

Tax Shelters and Joint Ventures

• Tax Shelters
• Joint Ventures
  
  

Capital Cost Allowance

• New in this edition: detailed commentary on new accelerated capital cost allowance rules
  
  

Forms and Copy of Guide

*Final list of topics and order may vary