LEARNING PATH \
Owner-Manager Tax
Designed for CPAs and tax practitioners who advise individuals and private clients, offering both technical guidance and practical insights.
Tax Rates and Integration
Understand corporate and personal tax rates, integration theory, RDTOH, eligible vs non-eligible dividends, and optimal compensation strategies.
Small Business Deduction
Master small business deduction eligibility, active business income tests, business limit calculations, passive income clawbacks, and maximization strategies.
Specified Investment Business
Identify specified investment business characteristics, active business income exclusions, employee requirements, and strategies to avoid SIB classification.
Personal Services Business
Personal services business rules, incorporated employee tests, limited expense deductions, high tax rates, and independent contractor strategies.
Types of Remuneration
Compare salary, dividends, bonuses, and capital gains as compensation methods including tax efficiency, CPP considerations, and income splitting.
Corporate Structures
Design effective corporate structures including holding companies, operating companies, estate freezes, income splitting, and asset protection.
Shareholder Loans / Repayments
Understand shareholder loan rules including income inclusion timing, exceptions, imputed interest, repayment strategies, and documentation requirements.
Income Splitting / TOSI
TOSI rules including excluded business definitions, reasonable return tests, age-based exemptions, and compliant income splitting strategies.
Association Rules
Master corporate association rules determining shared business limits including control tests, deemed association, related groups, and allocation strategies.
Capital Gains Exemption
Maximize the lifetime capital gains exemption including QSBC share tests, asset requirements, holding periods, and strategies to preserve eligibility.
Acquisition of Control
Understand acquisition of control consequences including loss restriction events, deemed year-ends, loss streaming, CDA restrictions, and control change planning.
Interest Expense
Interest deductibility rules including current use versus original use tests, disappearing source income, tracing requirements, thin capitalization, and planning for maximum deductibility.