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Course Description

This course covers the federal income tax law concerning income of individuals from employment, business, property and other sources. Tax law implementations and effects on corporations, shareholders, and business and financial decisions are covered. Taxation of partnerships, trusts, and the Goods and Services Tax are examined. Issues in tax planning and other practical matters are explored, as well as legal interpretations of the law, through examination of a wide variety of practical problems and cases.

Notes

This course is online and asynchronous except for its final exam, which is held in person. This means that you typically will not have to be online at specific times. You will engage in course-related activities through online tools such as announcements, discussions, and email. Your course learning will be based on weekly module content and activities that you can work through independently. Note: There will be deadlines for assignment submissions, and you may be expected to participate in discussion board interactions with your peers on a regular basis.

Your instructor may also include occasional scheduled sessions for Q&As and other discussion activities using web conferencing tools such as Zoom and Google Meet. Details will be included in your course outline, which will be available on the first day of classes.

On-campus exam requirement: Your final exam will be written in person at the Toronto Metropolitan University campus. If you live more than 100 km from the TMU campus, you may arrange to write your exam off campus using an approved off-campus invigilation service. Details on your exam date and how to arrange off-campus invigilation can be found on the Exams for Online Courses webpage.

Requisites

CACC 550 or ACC 550

Chang School Certificate students who do not have the prerequisite(s), but have completed CACC 504 and CACC 514 should contact Chang School Client Services (ce@torontomu.ca) for further information. 

Relevant Programs

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Course Sections
Class Number
5530
Type
LEC
Dates
Jan 13, 2025 to Apr 18, 2025
Delivery Options
Online  
Fees
Domestic Fee non-credit $583.24 Click here to get more information
Domestic Out of Province Fee non-credit $0.00 Click here to get more information
International Fee non-credit $0.00 Click here to get more information
Class Number
1022
Type
LEC
Dates
May 05, 2025 to Aug 01, 2025
Delivery Options
Online  
Fees
Domestic Fee non-credit $583.24 Click here to get more information
Domestic Out of Province Fee non-credit $0.00 Click here to get more information
International Fee non-credit $0.00 Click here to get more information
Class Number
1021
Type
LEC
Days
Th
Time
6:30PM to 9:30PM
Dates
May 08, 2025 to Jul 31, 2025
Schedule
Contact Hours
39.0
Location
  • Downtown
Delivery Options
Classroom  
Fees
Domestic Fee non-credit $583.24 Click here to get more information
Domestic Out of Province Fee non-credit $0.00 Click here to get more information
International Fee non-credit $0.00 Click here to get more information