A 2019 update for Partnerships that is important for Tax professionals including how to maximize the T5013
Partnership Income (T5013) can be tricky—especially when it comes to correctly completing the form and navigating the more complex areas like allocating the Small Business Deduction (SBD) Limit. This course is designed to help tax professionals and preparers gain clarity on the key requirements, common pitfalls, and best practices related to T5013 reporting.
You’ll explore how partnership income impacts corporate tax filings, how to assign the SBD limit among partners, and how to ensure compliance with CRA expectations. Whether you're new to partnership filings or looking for a refresher, this course provides practical guidance and the confidence to handle even the most challenging aspects of the T5013 return.
1 activity • 1 videos • duration: 52m
Accounting Consultant CPA; CGA, Published Author, Professor, HuffPost Guest Blogger, Award Winning Writer
Designated Accountant with over 15 years experience within technology, 3PL, and SaaS industries. Proven track record of project management specialized in revenue optimization strategies, expense reduction, process improvement delivery and implementation. Results driven through use of technology integration to create synergies throughout company wide business units to support delivering financial and non-financial optimization and recovery of assets and resources.
Professional development requirements vary by profession, country, and regulatory body. Before enrolling, review the course details and confirm that the content, learning format, and any listed credits meet your specific requirements. You are responsible for confirming eligibility with your regulator or professional association and keeping the records required for reporting.
