Small Business Deduction

Though the last set of tax changes relating to the Small Business Deduction was announced in 2018, this seminar will review the association rules, the various grinds to the SBD, and the Specified Corporate Income (SCI) rules.
Oct. 13, 2022 | 11:30 am – 1:30 pm PT | Online | $120
In this session we will cover:
  • Review of association rules, including the deeming rules.
  • Discussion of grinds to Small Business Deduction (taxable capital and passive income).
  • Review of Specified Corporate Income and how to appropriately report SCI.

Facilitator: Shane Schepens, CPA, CA

Intended participant: Although the standards are complicated and let’s be honest a bit confusing, this session is applicable to all staff who complete T2 corporate returns. SBD and SCI rules impact many clients and their tax planning arrangements.

Verifiable CPD Hours: 2