Taxation and Financial Planning

The Taxation & Financial Planning Course provides a detailed examination of various tax issues from both a technical and practical standpoint and will enable a financial planner to identify and resolve tax concerns for his or her client. The course begins with an introduction to money management and basic tax concepts. It then looks at the different business structures (i.e. sole proprietorships, partnerships and corporations), how they can be used to generate wealth for the owner/manager or the passive investor and how they are viewed from a tax perspective. We also review employment relationships and the tax implications of employment income and benefits. Finally, we develop an in-depth discussion of how various types of investment income are taxed (e.g. interest, dividends, rental income) as well as how capital gains and capital losses are treated. Special tax situations and tax exemptions are also explored. Note: Check with the institution regarding start/end dates, prices, and delivery method. These may vary according to program, section, and/or semester.