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Guidelines For Deducting Conference and Training Expenses

Ronika Khanna CPA,CA

Per guidance from CRA re convention expenses with respect to self employed taxpayers who either carry on a business or practice a profession (Lawyers, doctors, CPAs, Engineers etc.), Eg, the Canadian Institute of Chartered Accountants would have to hold the qualifying event somewhere in Canada otherwise the deduction might be denied.

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As CPA Canada’s Collaboration Accord Fails to Collaborate, Who Gets the Profession’s Credibility in the Divorce?

Going Concern

It’s relevant to us as down here as we have states currently in the act of upsetting the AICPA’s apple cart on the 150 hour rule so we can relate to and delight in national vs. state CPA drama. Oh and Ontario’s neighbors in Quebec planned to join them in seceding from CPA Canada. Y’all are familiar with those.

CPA 59