Browse WME Course For Financial Planners (WME-FP)

Chapter 8: Understanding Tax Returns

In this section

  • Financial Planning and Taxation
    Explore how a solid understanding of the Canadian tax system enables financial planners to optimize after-tax income, leverage deductions and credits, and support sustainable wealth growth.
  • Personal Income Tax Returns
    A comprehensive guide to the Canadian T1 personal tax return, major tax slips, key deductions, and credits for financial planners seeking to optimize client tax outcomes.
  • Taxation of Investment Income
    An in-depth exploration of how various types of investment income are taxed in Canada, including interest, dividends, capital gains, foreign investment income, and tax-preferred accounts, with practical examples, diagrams, and references to Canadian regulations.
  • Taxable and Non-Taxable Employee Benefits
    Explore taxable and non-taxable employee benefits under Canadian tax law, learn how to identify and classify them, and discover strategic planning considerations for financial planners and their clients.