Topics

Session 1: Tax Update – September 14

• Tax changes proposed in election platforms.
• Status of federal budget proposals.
• Are tax increases inevitable, what increases and when.
• CRA audit of CEWS and non-CCPC plans.
• Using capital gains exemption to take out corporate funds (new planning from legislative change and time limited opportunity). What you should consider.

Session 2: Passing on the Family Business – October 5

• Election results and likely tax changes.
• Succession of the family business, tax strategies and issues to consider.

Session 3: Employee Incentive Programs - October 19

• Employee incentive programs, basic rules.
• Creative approaches illustrated with five examples which improve the tax result.
• US tax changes relevant to Canadian clients (personal and corporate tax rate increases, reduction in US estate tax exemption and rate increase, other possible changes).

Session 4: The Troublesome U.S. Beneficiary – November 2

• Tax issues of a US person (US citizen or US resident) being a beneficiary.
• Overview of US tax rules.
• Tax planning ideas illustrated with four case studies.
• Use of Canadian unlimited liability company (ULC) and check-the-box election.

Session 5: Owner-Manager Remuneration Update - November 16

• Owner-manager remuneration review and planning.
• Small business deduction, NERDTOH/ERDTOH, TOSI.
• Creative approaches and cautions on aggressive planning.

Session 6: TOSI Refresher – November 30

• TOSI refresher.
• Overview of basic rules.
• TOSI central resources and TOSI analysis program.
• Update on new CRA positions.
• Planning ideas.

Session 7: Mistakes in Estate Planning - December 7

• Common mistakes in estate planning.
• Non-tax issues such as choice of executor, family harmony, family law issues, validity of will, conflicts of interest.
• Tax mistakes such as not redeeming shares in a freeze, insurance in the wrong place, ineffective estate freezes.

Session 8: The 21-Year Rule – December 17

• The 21 year rule, how it works.
• Planning ideas and strategies that don’t work.
• Capital gain, good or bad and using pipeline planning.
• Year-end tax planning in light of possible tax changes for 2022.

Note: We will add other topics as circumstances warrant (e.g. if there is a Federal Budget)

Format

• Virtual seminar series by Zoom
• 8 Sessions, 75 minutes pre-recorded, 15 minutes live questions, 90 minutes each in all
• Detailed slides with notes sent in advance
• Focus on current topics of interest
• Posted on website for later review
• CPD accredited, certificate provided, 12 hours of verified CPD including 1.5 hours of ethics
• Access to our Seminars Archive , Calculation Programs and TOSI Central
• Zoom watch/listen mode
• Questions by dedicated e-mail address
• Access via laptop, tablet or mobile phone

Dates

Broadcast and live question date

All sessions run from 9:00 am to 10:30 am

Fee

$450 + HST per person
Registration fee includes:

• 8 webinars and Q/A sessions
• Slides and notes
• Access to recordings of webinars
• Access to our calculation programs, seminar archive and TOSI Central
• Certificate for CPD