CE Credits
Knowledge Bureau - 3.5 CE/CPD Credits - Non-Verifiable
Knowledge Bureau - 6.5 CE/CPD Credits - Verifiable

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Post Budget Action Strategies for Tax and Financial Advisors

Agenda and Workshop Details

* Subject to change. Please come back often as new speakers and topics will be added.
7:30 - 8:30
TAXLINK ADVISORY BOARD MEETING

Knowledge Bureau will also hold its second TAXLINK™ advisory board meeting at these events.  This is a forum for peer-to-peer communications exchanges, referral services and advocacy for those who advise clients with tax issues.  TAXLINK members help us establish and support education services at recognized national standards of competence and participate in advocating for excellence in technical skills and best practice support services through a tax writers group, peer-to-peer reviews, student support, mentorship and testing.

8:00 - 8:30
REGISTRATION AND COFFEE

Pick up your Comprehensive Knowledge Journal

8:30 - 10:00
WHAT’S NEW: AFTER THE FEBRUARY 27, 2018 FEDERAL BUDGET

Evelyn Jacks,President, Knowledge Bureau, MFA, DFA-Tax Services Specialist

At Department of Finance:
• Overview: Personal Tax Changes for 2017/2018
• Update on proposed changes to small business corporations
• Tips and traps on filing Proprietorship Returns

10:00 - 10:30
EXPERT PANEL

THE EFFECT OF CHANGE ON TAX EFFICIENT RETIREMENT AND INVESTMENT PLANNING

10:30 - 10:45
NETWORKING BREAK
10:45 - 12:00
AUDIT ISSUES AT CRA: APPROACHING YOUR CONFIDENT RELATIONSHIP

• Tax Audit Season: 2008 - 2018
• The Adjustment and Appeals Process

DIG DEEP INTO THE MOST AUDITED CLAIMS: FOCUS ON INCOME AND DEDUCTIONS:

• Families: Maximizing child care claims, Canada Child Benefits
• Employees: Deductions for out-of-pocket expenses
• Students: Understanding the new Canada Worker's Benefit
• Investors: Staying clear of RRSP excess contributions, TFSA Returns
• Retirees: Pension income splitting and instalment optimization
• The Disabled: Canada Caregiver and Disability Claims
• Gift Planning: Making donations count

12:00 - 12:30
A TRUE-TO-LIFE CASE STUDY: FOCUS ON REAL ESTATE – THE FAMILY COTTAGE

• Ownership – Personal Residences and Rental Properties

  o One property; more than one property, on Canada, abroad, T1135
  o Estate Planning: preparing executors for change - principal residence and other dispositions
  o Change of Use: Personal to rental: First Year Reporting Issues, Personal to business: what’s different?

Dispositions: Adventure or concern in nature of trade: when are investments/real estate considered to be business income?

12:30 - 1:00
NETWORKING LUNCH
1:00 - 1:30
PRACTICE MANAGEMENT: THE FUTURE OF PROFESSIONAL DEVELOPMENT

Featuring Knowledge Bureau Designates

1:30 - 2:45
CANADIANS ABROAD

Dean Smith, a partner in Cadesky Tax (Cadesky and Associates LLP) and the President of Cadesky U.S. Tax Limited.

In Toronto: Russell Vert, Senior Tax Manager, Cadesky U.S. Tax Ltd.

News for Investors, Snowbirds, Professionals, Business Owners & New Romances

1) What was the objective of U.S. tax reform? Effect of reforms on residency rules and filing requirements

2) What changes will impact Canadians investing in the U.S. and U.S. citizens living in Canada?

3) Personal tax: How will the rules affect Canadian residents who have children studying in U.S., snowbirds, retirees, rental and personal property owners in the U.S.

4) Family tax: What is the effect of change for Canadians who marry U. S. citizens?

5) Tax tips for Expats and U.S. residents/citizens living in Canada

If these are questions that keep you and your clients up at night, don’t miss this dynamic session from one of Canada’s most experienced U.S.-Canada tax experts.

2:45 - 3:00
NETWORKING BREAK
3:00 - 4:00
CANADIANS ABROAD:

6) Property owners: Is it still a good idea to own property in the U.S.?

7) Corporate tax: In particular, what will the changes to the U.S. subpart F rules mean for planning for Canadian private companies? Learn about the expansion of the definition of a “United States shareholder” and new deemed income inclusions.

8) Tips on planning with professionals, Canadians who own U.S. shares

9) The Bottom line in investments, retirement and estate planning for individuals, professionals and private business owners.

4:00 - 4:30
THE SUMMIT – PEER-TO-PEER DISCUSSION, YOUR Q & A

Hosted by Evelyn Jacks and Dean Smith

Ask your most pertinent questions of the experts.  How will you respond to the planning and audit-defence opportunities with your clients?  How will your practice change with a new, more aggressive CRA/IRS approach?  You’ll find stimulating answers to these questions and deep perspectives from our guest experts and your peers in this interactive session.

4:30
Closing Remarks and Certification

Verifiable Credits – 6.5  Non-Verifiable Credits – 3.5 = Total 10 CE/CPD Credits