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Tax Planning

Personal Tax Scenario

How do I use Personal Tax Scenario?
Will the worksheet provide the “optimum income split” to minimize taxes?
What is the purpose of the Personal Tax Scenario Worksheet?

Corporate Tax Scenario

How do I use the Corporate Tax Scenario worksheet?
How to determine the input into the the “Part IV tax – connected” in the Corporate Scenario Worksheet?
What is the purpose of the Corporate Tax Scenario Worksheet?

Salary vs Dividend (1)

How do I use the Salary vs. Dividend (1) worksheet?
Why is there a (1) in the title of the Salary vs. Dividend worksheet?

Salary vs Dividend (8)

How do I use the Salary vs. Dividend (8) worksheet?
Why is there an (8) in the title of the Salary vs. Dividend (8) worksheet?

Prescribed Loan

How do I use the Prescribed Loan worksheet?
What is the purpose of the Prescribed Loan worksheet?

Assets vs Shares

How do I use the Assets vs. Shares worksheet?

Corporate Asset Disposition

How do I use the Corporate Asset Disposition worksheet?
What is the purpose of Corporate Asset Disposition Worksheet?

Corporate Liquidation

How do I use the Corporate Liquidation worksheet?
What is the purpose of the Corporate Liquidation Worksheet?

Tax Integration

How do I use the Tax Integration worksheet?

Tax Accounting

Canada Emergency Wage Subsidy (CEWS)

How do I use the Canada Emergency Wage Subsidy (CEWS) worksheet?
How do import information from the 10 employee CEWS worksheet to the 100 employee CEWS worksheet?
When it comes to the CEWS calculation, how do I deal with an employee that has been removed from payroll in 2020 but is subsequently rehired?
When I copy and paste the employees’ names, the names appear on the “Employee” tab are not populating in the “Baseline” tab.

Canada Emergency Rent Subsidy (CERS)

How do I use the Canada Emergency Rent Subsidy (CERS) worksheet?
When I copy and paste the employees’ names, the names appear on the “Employee” tab are not populating in the “Baseline” tab.

Corporate Tax Continuity

How do I use the Corporate Tax Continuity Worksheet?
Why are there different flavours of the Corporate Tax Continuity Worksheet?
Where should I record a tax refund applied against other tax balances in the Tax Continuity Worksheet?
How are unrealized events reconciled in the Tax Continuity Worksheet?
How can I book an accrual in the Tax Continuity Worksheet?
How are refunds held back (unpaid amounts) reconciled in the Tax Continuity Worksheet?
How do I reconcile the prior year tax balances where R&D credits reduce income taxes payable?
How do I enter the opening receivable (payable) balance in the Tax Continuity Worksheet?
How should I use the Tax Continuity Worksheet?
What is the purpose of the Tax Continuity Worksheet?

Forex

How do I use the Forex worksheet?
How often do you update your rates?
Why does the result in the Forex Worksheet indicate “No Rate”?
What is the source of foreign exchange rates?
What is the difference between “Average for year” and “Year ended” in the Forex Worksheet?
What is the difference between “Average for month” and “Month ended” in the Forex Worksheet?
How are the rates determined with the Forex Worksheet?
What is the purpose of the Forex Worksheet?

Investment Bookkeeping

How do I transfer shares from Canadian dollars into US dollars?
Can the worksheet generate a summary for each individual investment?
How do I use the Investment Bookkeeping worksheet?
How often do you update your rates?
If I download a CSV/Excel report from the investment account, can the information be copied into TTI’s Investment Bookkeeping worksheet?
Is it best to use separate worksheets for separate currency accounts? For example, if a client has both a US account with US transactions and a Canadian account with Canadian transactions, should you use two worksheets?
How do I complete cash transfers with the Investment Bookkeeping worksheet?
What is the difference between the Asset Type “Shares” and “Shares – SBC” in the Investment Bookkeeping Worksheet?
How are currency gains (losses) determined in the Investment Bookkeeping worksheet?
What is the purpose of the Investment Bookkeeping Worksheet?
How do I change the name of an investment asset in the Investment Bookkeeping worksheet?

Safe Income

How do I use the Safe Income worksheet?
Can you provide any useful references for the Safe Income calculation?
How do I adjust for non-capital losses in the Safe Income Worksheet?
How does the worksheet support amalgamations?
What is the purpose of the “r” column in the Safe Income Worksheet?
What is the purpose of the Safe Income worksheet?
What is the purpose of the “s” column on the Safe Income worksheet?

Simplified or Quick (T2125, HST)

How do I use the Simplified or Quick (T2125, HST) worksheet?
How can I claim [Meals and Entertainment] at custom business use rates in the Simplified or Quick Method Worksheet?
How are GST/HST amounts calculated in typical situations in the Simplified or Quick Method Worksheet?
How do I accommodate unique GST/HST situations in the Simplified or Quick Method Worksheet?
How do I claim ITCs on capital assets in the Simplified or Quick Method Worksheet?
How is GST/HST handled on bad debts in the Simplified or Quick Method Worksheet?
How should I start using the Simplified or Quick Method Worksheet?
What additional inputs are required to ensure the reconciliation in the Simplified or Quick Method Worksheet matches the personal tax return?
What is the purpose of the Simplified or Quick Method Worksheet?
What is the purpose of the mileage reasonability in the Simplified or Quick Method Worksheet?
What resources may be relevant to the Simplified or Quick Method Worksheet?

General

Getting Started

What is the “TTI Suite” and how does it work?
Does Tax Templates offer webinar training?
How can I use foreign exchange rates in TTI worksheets?
How do I start using a TTI worksheet?
I feel lost, where do I start?
What are the best practices for downloading the TTI Suite?
How should I enter dates in TTI worksheets?
What do I do with the old package of TTI Worksheets when I receive an update?
What are the best practices for downloading the TTI Suite?
How should I enter dates in TTI worksheets?
How do I download TTI files?

Licencing

How do I upgrade my subscription to add additional users or to add a second collection?
What is in the Tax Planning collection?
Will any personal information of the purchaser’s employees or clients be accessible to TTI?
Does Tax Templates offer promotions or discounts on pricing?
I would like to try out your product. Do you offer a free trial?
I only want one worksheet, can I purchase it individually?
What is in the Tax Accounting collection?
What are the system requirements?

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Tax Planning
Personal Tax Scenario

Personal Tax Scenario

How do I use Personal Tax Scenario?
Will the worksheet provide the “optimum income split” to minimize taxes?
What is the purpose of the Personal Tax Scenario Worksheet?

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