Personal Income Tax Preparation I Module

Credential: Module

Modules provide students
with knowledge of a single
subject and are an excellent
way for students to try out
online education and learn
something new.

Our comprehensive course on Income Tax Preparation is designed to provide you with a solid foundation in the legislative framework and processes involved in income tax preparation and a thorough understanding of the specifics of the Income Tax Act. With expert instruction, you will learn to identify various types of income, know the difference between capital gains/losses, accepted deductions and limits, and the proper submission of tax returns. By the end of this course, you will be fully equipped with the knowledge and skills to navigate the world of income tax preparation and submission confidently.

Offered By

About This Program

Throughout this course, students will learn about the legislative framework and processes related to income tax preparation and submission. The curriculum will cover an in-depth understanding of the Income Tax Act, including its specific guidelines. Moreover, enrolled students will receive valuable guidance on identifying different types of income, capital gains and losses, accepted deductions and limits, and proper submission of tax returns.

What You Will Learn

  • Summarize the viewpoints of economists and accountants regarding income
  • Explain the available criteria and methods for taxpayers to submit their annual tax returns
  • Discuss the correlation between accounting and income tax and define the basics of employment income
  • Distinguish between refundable and non-refundable tax credits

 

Program Objectives:

This course is intended to provide students with a comprehensive understanding of legislative policies and processes related to income tax preparation and submission. It caters to students who wish to enhance their accounting skills or gain a better understanding of the procedures involved in their annual tax remittance. Upon completion of this program, you will have a better comprehension of Canadian tax laws and how to navigate through their complexities with ease.

Grading:

  • 40% Quizzes
    These will test your comprehension of the course material.
  • 60% Knowledge Assessments
    One for each week of the course.
Average Duration

3 weeks at 20 hours per week.

Language

All courses are taught in English.

Canadian Application

Apply your new knowledge and skills to a career in Canada.

Textbook Included

World-class textbooks are available with no extra cost.

Earn Credits

Module credits can be put towards a future Diploma program.

Program Textbook

Canadian Tax Principles

Consistent with the title of this textbook, the objective is to instill a solid understanding of the basics of income tax and GST/HST through an appreciation of the tax principles, concepts, and unique vocabulary that make up the framework upon which the Canadian tax system has been built. This level of understanding is not solely directed at a theoretical or academic level; considerable emphasis is placed on practical everyday situations in preparation for careers where an understanding of tax in some form will be helpful at a minimum and essential at best.

Author:

Gary Donell: A senior advanced tax trainer with the Canada Revenue Agency, Donell did a technical review of significant portions of the text and problems. His suggestions contributed greatly to the accuracy and clarity of the material. In addition, he was responsible for writing much of the Chapter 18 material on partnerships and the Chapter 20 material on international taxation. Mr. Donell has undertaken this work independently of his employment with the CRA.

Build Job-ready Skills To Succeed in Canada

Take advantage of an increasing job market in Canada.

4,564*

Job Postings

$44,000

Average salary

Job Opportunities

Accounting Clerk
Bookkeeper
Accounts Payable Clerk
Accounts Receivable Clerk
Payroll Clerk
CAD $45,000
CAD $45,000
CAD $44,000
CAD $44,000
CAD $44,000

Sources

These statistics are from indeed.com and payscale.com
from February, 2023 and may not represent
current employment numbers.

Skills You Will Gain

  • Math

  • Spreadsheets

  • Accounting

Enroll Now To Start Today

Personal Income Tax Preparation I Module

$284.00

All Taxes and Fees Included

Exclusive Benefits of a Sundance College Module

Sundance College Logo

Recognized Canadian Education
By completing this course, you will earn recognized Canadian educational credentials in this subject. Canadian post-secondary institutions are considered some of the best and most affordable academic institutions in the world.

Priority Support
All Sundance College students have access to priority technical support with regards to their online learning. 

Credits Transfer to all Sundance Colleges within Canada
All module credits are transferable. They may be used to complete all applicable Sundance College Diploma Programs.

Shareable Certificate upon completion
You can share your module on your LinkedIn profile, on printed resumes, CVs, or other documents.

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Everything depends on your experience, location, industry, and the job market itself. According to salary data from PayScale, the average salary for a Payroll Administrator in the United States is around $50,000 per year, starting at $35,000 per year for entry-level positions. The average salary for a Junior Accountant in the United States is around $45,000 per year, starting at $30,000 per year for entry-level positions.

All commerce programs are highly sought-after credentials as so many jobs require business skills. Most companies have a core of management, human resources, marketing, finance, and accounting personnel. With an Account, Tax, & Payroll diploma, you can join the ranks of this industry by earning essential knowledge and skills in finance and accounting.

Online learning is user-centric. Students can study at their own pace, repeat assessments, and take breaks when needed. This helps students to balance their work, education, and family without feeling overwhelmed.

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Online learning costs less. NeoCanada doesn’t have classrooms, so we can charge less for the exact same learning materials that are used in Canadian Colleges and Universities. Students also save money because they don’t have to pay for transportation between the classroom and their residences.

‘Four in five Canadian post-secondary students feel the COVID-19 pandemic has fundamentally changed their expectations of a higher education experience and want a tertiary education that matches their digital lifestyle, finds new poll research by KPMG in Canada.’

Absolutely! NeoCanada is always open; you can access your course materials in the morning, afternoon, or nighttime. This helps you schedule your learning in ways that work best for you, ensuring that you have the time to complete your studies.

Canada is known for its educational excellence. This is why Canada is one of the top education destinations in the world, with over 620,000 international students enrolled.

Canadian education is recognized and highly valued around the world; employers know that it’s an accomplishment to receive a credential from a Canadian Institution.

Graduates from Canadian post-secondary institutions have higher employability rates, making them more competitive in the job market both domestically and globally.

Diplomas focus on a distinct discipline and are intended to give students a practical education to develop greater knowledge. Graduates of Diploma Programs have proven themselves to be capable individuals and are highly valuable to employers.

  • Diplomas are comprised of 4-7 MicroDiplomas

MicroDiplomas are a section of a Diploma. They are intended for students who want to upgrade their skills or get a comprehensive education in a new subject.

  • MicroDiplomas are comprised of 2-4 courses.

Modules provide students with knowledge of a single subject and are an excellent way for students to try out online education and learn something new.

You get all the benefits of a Canadian education without the travel, lodging, or time spent away from home that traditional in-person Canadian schools incur on foreign learners. You can remain in your country with your friends, family, and support networks without interrupting your current job or lifestyle. 

NeoCanada provides educational services designed to assist students in improving their qualifications and credentials for potential immigration to Canada. Our courses are designed to educate and equip you with the necessary skills and knowledge to find employment once you arrive in Canada, but we do not guarantee any specific immigration outcomes.

NeoCanada is not an immigration consulting firm or an immigration service provider. We do not provide legal advice, immigration advice, or assistance in the immigration application process. Our services are solely focused on education and skill enhancement.

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