In this introductory income tax course, students explore the field of professional tax preparation services for individuals and self-employed business owners. Students discover how to apply the principles, rules, and guidelines that govern each type of T1 tax filing. Students are exposed to fundamental income tax topics, including individual taxpayer rights, taxpayer obligations and requirements. Students learn to analyze records of taxable income, compute the necessary information to produce T1 tax returns. Students will learn to use CRA approved personal tax software.
By the end of this income tax course, students will have demonstrated the ability to determine and prepare everything that an individual and self-employed business are required to file for income tax purposes. To achieve critical performance, students will have demonstrated the ability to:
Wasim (MBA, CP) holds a Masters in Business Administration and has over 17 years of valuable family business experience, combined with 10 years of e-commerce experience. He is a Certified Public Accountant and Certified Bookkeeper who has been active in the accounting field for over 20 years. Ismail is passionate about education and has taught accounting and business at various colleges from 2005 onwards. He is an expert in tax planning and has successfully run his own private accounting practice since 2008.
*Subject to change without notice
Introduction to Federal Income Taxation in Canada, bundled with Study Guide, R.E. Beam and S.N. Laiken, CCH Canadian Ltd., 40th Edition (2019 – 2020), ISBN 9781773790374.
The registration fee for this course is $870.
Live Online Students
Ashton College uses web conferencing tools to help instructors and students connect and collaborate live online. For the online classes, students need to have a fully functional computer system with a webcam, speakers and microphone or headset and headphones, along with a reliable high-speed internet connection. Though the classes can be accessed using smartphones and tablets, we recommend using a laptop or desktop computer for a better learning experience.
This course does not require approval by the Private Training Institutions Branch of the Ministry of Advanced Education and Skills Training. As such, it was not reviewed.