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Courses/Tax/Tax Update *

2024-2025 Income Tax Update

An in-depth look at significant changes to Canadian federal and Ontario tax laws and their impact on filings.

Created byAlex Garber
4.7
(686 reviews)
BeginnerUpdated Nov 11, 2024
2024-2025 Income Tax Update

What You'll Learn

check_circleRecognize key updates to federal and Ontario tax brackets and rates for 2024.
check_circleUnderstand the new capital gains inclusion rate and its impact on various taxpayers.
check_circleExplain expanded reporting requirements for certain trusts, including penalties.
check_circleAnalyze corporate tax rates and integration calculations specific to Ontario.
check_circleApply new rules regarding deductions and income limitations for short-term rentals.
check_circleIdentify tax credits available for clean technology and electric vehicle investments.

About This Course

The 2024-2025 Income Tax Update seminar will provide an overview of developments in Canadian income taxation that occurred during 2024 and are relevant for tax filings for the 2024 taxation year and beyond.

Created and presented by Alex Garber, an experienced tax advisor and educator, this seminar focuses specifically on various tax changes and recent developments significant for Canadian taxpayers.

Intended Audience: Professionals (both in public practice and industry) dealing with personal and/or corporate taxation in Canada.

Topics Covered Include:

  • Personal tax brackets and tax rates (Federal and Ontario)
  • Corporate tax rates (Federal and Ontario)
  • Limits for RRSP, TFSA, LCGE, automobiles, etc.
  • Ontario integration calculations
  • Significant income tax developments (Federal and Ontario) announced in 2024, including proposed changes to the taxation of capital gains after June 24, 2024

This seminar is designed to equip professionals with the latest information and strategies to navigate the evolving landscape of Canadian taxation.

Your Instructor

Alex Garber
Alex Garber

Educator and Tax Advisor

menu_book20 courses
star7,440 reviews

Alex Garber, CPA, CA, MTax has been working in public accounting since 2004, focusing primarily on income taxation for Canadian owner-managed businesses and their shareholders. Alex presents PD seminars for CPA Ontario and facilitates at the CPA Canada In-Depth Tax Program. Alex is also a faculty member at the Schulich School of Business, York University, where he teaches income taxation at both undergraduate and master's levels. Alex started his career with Deloitte and Touche LLP in Toronto. He is currently an independent tax advisor, assisting various clients, sole-practitioners and CPA firms in Ontario.

Credit Information

What Students Are Saying

4.7
Student's Choice
686 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.