Preparing an income tax return is a must for any business, regardless of the business structure. This workshop will cover the basics of preparing a tax return for the sole proprietor. This course will be of interest to the unincorporated business owner as well as professionals belonging to a partnership. During this interactive 3-hour workshop, we will:
- discuss the Canadian Income Tax system
- review record keeping basics
- compare sole proprietorship vs. partnership vs. corporation
- identify and discuss the tax treatment of business income and expenses
- review tax form T2125 – Statement of Business or Professional Activities
- prepare a basic form T2125
Speaker Bio:
This 3 hour workshop will be instructed by Jason Valente, C.A.,Tax Manager, Logan Katz LLP