DATE RECORDED: March 2025
This microlearning course provides an overview of what safe income is and how to calculate it for exemption purposes and manage the tax implications. The microlearning course also focuses on the safe income on hand and how it’s attributed to the types of shares typically issued by private corporations.
Learning Objectives
By the end of this course, participants should be able to:
- Describe the concept of safe income and the requirements under which the safe income exemption applies.
- Calculate the safe income in various common situations.
- Identify how much of the safe income on hand is attributed to the types of shares typically issued by private corporations.
Content
- Safe Income Overview
- Safe Income Exceptions
- Calculating Safe Income
- Holding Period
- Safe Income on Hand
Prerequisites – Knowledge, Experience or Courses
No prerequisite knowledge is required
Who Will Benefit
CPAs at all levels of their career and in any type of organization across a wide range of industries and roles.
ABOUT THIS COURSE
You have 180 days from date of purchase to access and complete this course. There are no extensions.
CPA PRO Microlearning On-Demand courses offer content in concise, easily digestible modules designed for immediate application. These courses may include interactive learning activities to enhance the educational experience, and course materials are also included where applicable. These titles consist of CPA PRO recordings of live seminars or exclusive content developed specifically for the e-learning audience, typically ranging from 20 to 30 minutes in duration.
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.
These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to download your electronic certificate of completion upon passing the quiz.