Certificate Course

Tax Planning for Incorporated Professionals


DMA™ - Corporate Tax Services Specialist


This course focuses on personal and corporate tax planning for small to medium-sized businesses, owned and operated by professionals, with a special focus on financial advisors and medical practitioners. Retirement and succession planning is also an integral part of the course.


Course Content

Chapter 1 | Tax Rules for Professional Corporations
Chapter 2 | Incorporated vs Non-Incorporated Professional Businesses
Chapter 3 | Corporate Structures
Chapter 4 | Shareholder Remuneration
Chapter 5 | Corporate Shareholder Integration Theory
Chapter 6 | Using the PC for Family Benefits
Chapter 7 | Retirement Planning for the Incorporated Professional
Chapter 8 | Getting the Business Ready for Sale
Chapter 9 | Selling the Professional Practice
Chapter 10 | Succession Planning: Top Ten Tips


Strategies that have been used by business owners and their advisors for decades may no longer be valid. Advisors need to be aware of these changes and understand what impact they will have on their clients. This course highlights those changes and frames proper planning and compliance issues for busy professional tax and financial advisors charged with assisting these businesses.

What You'll Learn

This course will teach you how tax compliance differs for micro- and medium-sized businesses. You'll learn about shareholder matters as they relate to corporate and shareholder tax planning and corporate structure review. Also covered are tax efficiencies such as income splitting, income averaging, tax exemptions and deferrals. You'll discover the top ten strategies for retirement and succession planning and how to sell a block of business—as in shares versus assets and evaluating access to lifetime capital gains exemption.

What’s Included

• Personal course selection consultation
• Virtual campus orientation
• Lesson and study plans
• Personal instructor email support
• Comprehensive Knowledge Journal
• EverGreen Online Research Library
• Knowledge Bureau calculators
• Testing and certification
• CE/CPD accreditation

Marking Guide

Case Studies
Final Exam
Passing Grade
Honours Achievement

All students who pass the course will receive a certificate. Students who receive a mark of 90% or better will receive a gold honours bar on their certificates.

CE | CPD Credits

Knowledge Bureau | 30 CPE credits

Most regulators and associations accept Knowledge Bureau certificate courses for continuing education credits.


Learn Your Way

Online 24/7

Every course you take with Knowledge Bureau counts on your academic pathway. Qualify for tuition rebates by taking a certificate course, diploma program or designation program.


Complement your online education with CE Summits. Held in November, January and May, these one-day, instructor-led workshops offer peer-to-peer learning experiences to students who prefer studying in groups.


Annual three-day Distinguished Advisor Conferences focus on finding solutions for the challenges faced by businesses in a global marketplace.

Knowledge Base

Tap into a comprehensive, centralized clearinghouse of trusted information, including great books, Knowledge Bureau Report, online calculators and research libraries.