Staying current on tax, form, software and e-service changes is critical to the success of your personal tax season. Only Personal Taxprep seminars can provide you with all the essential information you need in a single session!
Our full day seminar will not only present the numerous tax and form changes for 2019 T1 returns, but also show you how they have been implemented in Personal Taxprep. We’ll discuss important software enhancements, changes to CRA e-services and delve into some Best Practices with respect to preparing personal returns.
This seminar will be presented using the new enhanced version of Taxprep which will replace “Classic” Taxprep this tax season. While the enhanced version uses the same forms and calculations as the current version of Taxprep, it has a modernized interface and new features designed to improve productivity.
Our limited group size encourages group discussion and our in-person seminar format allows you to network with other Personal Taxprep users.
Special Offer: Register 3 attendees for the price of 2!
Personal Tax Update
for Taxprep Users
“Long time user of Taxprep. First time attending seminar. Can’t believe how useful it was! Maureen was great. Thanks”
<Cindy Thompson CPA, CA>
Federal Tax and Form Changes
We’ll discuss the various federal 2019 tax and form changes, including the following:
- Revamped T1 return for 2019 (including revised line numbering and incorporation of Schedule 1 into the T1 jacket)
- CCA changes including Accelerated Investment Incentive and zero-emissions vehicles
- Enhanced Canada Pension Plan implications
- Canada Training Credit
- Changes to the Home Buyer’s Plan
- New Canada Workers Benefit
- Changes to the elections relating to principal residences
- Updated T183 for EFILE Authorization
Provincial Tax and Form Changes
We will review the changes to tax rates and tax credits relevant to your province. For clients that prepare returns for taxpayers in other provinces or that have income from multiple jurisdictions, our comprehensive seminar guide will include details on the changes made in all provinces.
Note that as there may be significantly more provincial changes to discuss in some locations rather than others, the length of time devoted to certain featured topics listed below may be adjusted accordingly.
CRA is making significant changes to their process for authorizing representatives beginning February 2020. We’ll review the changes, the relevant modifications in Taxprep, as well as discussing Best Practices with respect to managing your authorizations.
The ability to download virtually all T-slips has been a game-changer for T1 return preparation. During the seminar, we’ll look at changes being made for 2019, including an enhanced reconciliation for T3 slips as well as the ability to download tuition slips. And we’ll review best practices for dealing with the downloaded data.
During the seminar, we’ll also discuss some changes that will come into effect in 2020, such as changes to the employee stock option deduction and the new digital subscription tax credit.
- Lunch will be provided
- All participants receive our printed comprehensive Seminar Guide.
- Each participant will receive a Wolters Kluwer Canada certificate (7 hours) to track Professional Development Credits.
Your Tax Presenter:
Maureen Vance, B. Com, CPA, CA
Tax Software Consultant – Wolters Kluwer Canada
Maureen obtained her CA with Peat Marwick Mitchell (a predecessor of KPMG) and joined Taxprep (now part of WoltersKluwer) in 1985. As one of the original Taxprep employees, Maureen has been involved with all aspects of Taxprep development and support, including acting as product manager on both Corporate Taxprep and Personal Taxprep. She completed the CICA In-depth tax course in 1991 and since 2002, she has been a consultant to WoltersKluwer on tax and compliance issues. Maureen researches and writes material for training and program documentation and presents seminars and webinars 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 as well as a frequent contributor to the Wolters Kluwer Canada publication Tax Topics.
Your Seminar Host:
Product Manager, Tax Compliance Events
Gerry has a long tenure in the tax compliance industry with Taxprep and Cantax in various capacities. He enjoys getting out to see new and current customers when he can and spends 1/3 of his days on the road coordinating our training seminars. He is the ultimate road warrior dog! With a true passion for servicing our customers through his high touch approach, he genuinely does care about the learner experience. Gerry and our tax compliance team dedicate themselves to executing on delivering great customer experiences every day.
Spaces are limited, so register now! Our limited group size allows for more one-on-one interaction with instructors and the live seminar format allows you to network with other Personal Taxprep users.