What will you learn

Our Pro Tax and Income Tax T1 (Advanced) is an advanced course designed for students who want to learn tax filing for Sole Proprietorships and Partnerships.

The course will cover 4 different in-demand modules focusing on different businesses.

Each module is full of hands-on exercises and interactive lessons.

This course is the fourth step in our Books to Taxes Career Pathway, a proven six-step process that will transform you from a beginner bookkeeper to a Books to tax Expert, fast!

General Businesses

Our General Business Tax module will focus on understanding of Sole proprietorship, Partnerships and Corporations. The business registration requirements, the GST/HST registration and other government accounts.

Hands-On exercises will cover examples about preparing T2125 along with recording income, expenses and claiming motor vehicle expenses.

Trucking Businesses

The Trucking Module will cover tax filing for Company Drivers and Self-Employed Owner Operators.

This module will teach you everything about long-haul truck drivers and their tax filing including forms like TL2, T2200 and GST370.

How to Save taxes? Claimable expenses for self-employed drivers, including home expenses, Capital Cost allowances and more. Module covers hands-on exercises and self-exercises.

UBER Drivers Businesses

Do you want to learn TAX Filing for UBER drivers? This module will cover everything you need to know, how to read a Uber Partner Income Slip, to the mechanics of motor vehicle expenses, to how to report income for Uber drivers.

What are the Fares Received and Fees Paid by Uber Drivers. How to find Net Earnings of Uber Driver? How to find HST liability of Uber Driver? Exercises will be done with Hands-On examples on Uber Business Income reporting

IT Consultant Businesses

Our IT Consultant business module, covers tax filing for Sole Proprietors or Independent Contractors. Why be Self-Employed? The benefits of Self-Employed IT Consultant? The 4 Key components to qualify as a consultants vs an employee.

How to minimize taxes? What expenses can be claimed? The module will cover hands-on exercises for IT Consultant and how to prepare the T2125 statement.

Course Syllabus

Our syllabus gives you a detailed breakdown of the in-demand skills you’ll learn, and a preview of the hands-on exercises your will do in this course.

Download Syllabus

Books to Taxes Career Pathway

1
QuickBooks Online Course

Expand and solidify your skillset with our most popular QuickBooks Online Cloud Bookkeeping course.

36 Hours Course

2
QBOA and QBO ProAdvisor Course

Get the essential skills to go from Books to Taxes for your Cloud Taxation Career Pathway

18 Hours Course

3
Pro Tax and Income Tax T1 Course

Gain a solid foundation that can lead to a fulfilling career in tax preparation

36 Hours Course

4
Pro Tax and Income Tax T1 - Advanced Course

Take Your tax practice to next level by specializing in specific businesses

18 Hours Course

5
Pro Tax and Income Tax T2 Course

Go advance in your taxation practice with our world-class skills training and support

36 Hours Course

6
Become a QuickBooks Online ProAdvisor

Launch your new career Taxation World

Take our Self-Evaluators

The online self evaluators will take you less than 5 minutes to complete and will help us understand your career goals and the kind of setting where you would be most comfortable working. You can take evaluations for several of the subjects which are included in this program.

Self Assessment Evaluation of your Personal Taxes T1 Knowledge

 

With more than 26 million of Canadians that file income tax returns every year, you want to acquire this skill if you want to start your own tax practice, new to Canada or you are a student.
  • This quiz is intended as a self assessment to test your knowledge and areas of improvement. There are 10 questions MCQ’s (multiple choice questions)
  • Choose your answer to the question and click "Next" to see how you did.
  • Each correct answer will give you a point and you will be able to see your percentage scored at the end.

When you have completed the test, click 'See Result' to see your results. Good luck!

Self Evaluation of Your Personal Taxes T1 Knowledge

At the end of Quiz, Get Results, instantly!

1 / 10

Which of the following lowers your taxable income?

2 / 10

A TFSA (Tax-Free Savings Account) allows for tax-free growth of investment income and capital gains from qualified investments, which means you won't be taxed on withdrawals.

3 / 10

You make $1 million a year. Which province or territory has the highest marginal tax rate for people at your income level?

4 / 10

Which of the following actions carries the stiffest CRA penalty?

5 / 10

Which of the following payments require that tax be withheld at source?

6 / 10

Which of the following generates a deduction rather than a tax credit?

7 / 10

Do students or seniors with low or no income need to file their taxes?

8 / 10

Do small businesses need to hire a Certified Public Accountant to prepare their taxes?

9 / 10

You can deduct capital losses on investments in your TFSA or RRSP account on your tax return.

10 / 10

You have been given $400 to pay for something you consider worthwhile. Assuming you have a taxable income of $50,000, which of these would give you the biggest tax break?

Your score is

0%

Exit

What will be provided in Training

Live Instructor Led Training By Industry Experts

A Fintech Certified Logo along with a Certificate of Completion

Study Material with Exercises

Your Questions Answered

Why Fintech College ?

Why Our Income Tax T1 Certification Course?

  • Our Income Tax T1 Certification Course covers everything you need to know to become a Income Tax T1 Professional.
  • Learn how to use income tax provisions, rules and procedures for individuals
  • Real-world tax preparation exercises and receive live one-on-one instructor assistance.
  • Gain a solid foundation that can lead to a fulfilling career in tax preparation
  • Thorough explanation of all the forms and schedules on T1 tax return and how to fill them.
  • Learn about different incomes types, deductions, credits and includes Business Income (T2125)
  • Proprietary material specially designed by our Tax Experts with all updates.
  • Learn over 10 modules made simple and easy for you

Small Class Sizes (6-8 students)

  • Why be with 20 or 30 other students when you can get a premium learning experience online with a handful of students.
  • Our small class size is designed to facilitate small group discussion, one-to-one mentoring and personalized training & coaching!
  • Our live virtual training center utilizes the latest technology to bring you a seamless learning experience.
  • Our College is focused on providing a supportive and personalized experience – the perfect environment for learning.

Why Our Course?

  • Our Income Tax T1 Certification Course is a ALL IN ONE.
  • Our instruction is all live and in person, with no student instructors.
  • You will learn all the material you require to be “job ready” or “starting your bookkeeping business” in the week you spend at our training center.
  • In our course you will learn what it would take years to learn on your own!

Support after Course

  • This is a FREE support plan that is included with your course.
  • We are just a phone call away for any assistance, consultation that you need for your job or work.
  • Whatever you need, we are here for you.
  • This plan is unlimited and never expires.
  • Imagine having access to your own personal business guru.
  • This plan gives you the friendly & approachable support you need.
  • All of this is provided to you by our Lead Trainer and Coach, Harsh Oza.

After You Graduate

You will:

  • Receive a Certificate of Completion.
  • Join our Fintech Alumni Group and become a part of community.
  • Be fully qualified to do tax returns for personal, family, friends and in community.
  • NO EXAM TO WRITE! Why? Because being relaxed is part of our Philosophy of Positive Learning. Learn comfortably without fearing a big intimidating exam at the end of the week.
  • We are confident in our program that we offer. And so, our graduates may come back and attend the course again as many times as they like, absolutely FREE for 6 Months!
Part-time Courses 2024:

Next Course Begins: May 12th to May 26th