BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.15.18//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20240310T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20241103T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20250309T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20251102T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004714Z LAST-MODIFIED:20250401T050641Z UID:10004963-1751284800-1751284800@sc.cpa SUMMARY:(SSAA166/25) Surgent's Controllership Skills Update: Current Survival Skills DESCRIPTION:Event Description\nThe role of financial professionals has and continues to change in organizations. The stereotype of collecting and reporting data has been replaced by a broader vision\, which focuses on improving an organization’s results today and preparing it for the future. This brief program offers specific actions that can be implemented by financial personnel to expand their role through improving their organization. The actions and techniques provided build upon and improve activities that exist in many organizations (measuring\, budgeting\, hiring\, risk management\, etc.)\, as well as providing insights into capital allocation\, cash management\, valuation techniques\, variables that influence capacity levels\, M&A activity and actions to increase efficiency and innovation. Updated to include the impact of tax regulations\, additional examples of M&A\, alliances and strategic spin-offs/splits\, methods to improve efficiency from existing activities\, and current organizational changes employed to manage and accelerate growth. \nDesigned For\nPublic\, private and non-profit organizations and their members — CFOs\, CEOs\, controllers\, auditors\, and managers \nObjectives\nProvide an overview of the expanded role of financial professionals Gain knowledge in a diverse range of activities Explore analytical valuation techniques that are useful over a board range of events Understand the potential value of improving existing practices and/or implementing missing ones Recognize immediate actions that can result in measurable benefits to an organization Identify specific areas for further exploration \nMajor Subjects\nChanging Role of Financial Professionals: Priorities Change in mission Valued-added actions Strategic Measurements: Common errors and guidelines for improvement Balanced scorecard Strategy development and implementation Budgeting basics and next steps Risk Management: Recent lessons\, including Black Swan events Defining Enterprise Risk Management (ERM) Implementation Developing a Financial Leadership Pipeline: Changing employment environment Retaining the right employees Compensation Hiring process Capital Projects: Types of projects Factors affecting capacity Valuation techniques Cash management M&A Activity: Current environment Controller’s role Strategic questions Sample transactions Due diligence Implementation Introducing Improvements/Innovation: Getting started Establishing an environment Potential first projects Organizational structure \nInstructions\nNone URL:https://sc.cpa/event/ssaa166-25-surgents-controllership-skills-update-current-survival-skills/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004510Z LAST-MODIFIED:20250401T051013Z UID:10004961-1751284800-1751284800@sc.cpa SUMMARY:(SSAA214/25) Surgent's Latest Developments in Government and Nonprofit Accounting and Auditing DESCRIPTION:Event Description\nThis is indeed another year of significant change in the world of government and nonprofit accounting and auditing. Time is valuable\, and it’s hard to stay current in today’s rapidly changing environment. Let us save you time and effort with this informative update course. The course materials utilize a highly illustrative and innovative format. Over 30 focused exercises are included to provide an enhanced working knowledge of the latest developments in government and nonprofit accounting and auditing. \nDesigned For\nAuditors and industry professionals working in the government and nonprofit environment \nObjectives\nUnderstand the latest GAO\, OMB\, AICPA\, GASB\, and FASB developments Keep accounting and auditing skills up to date with current requirements Prepare for major changes on the horizon \nMajor Subjects\nDeveloping issues related to Yellow Book audits and single audits Key AICPA developments affecting audits of governments and nonprofits (including implementation of SAS No. 145 on risk assessment) Recent GASB activities directed toward state and local governments with an emphasis on the implementation of GASB No. 87\, Leases The changes that occurred in NFP presentation and disclosure as a result of ASU No. 2020-07 The effects of FASB ASC 842\, Leases\, on nonprofits \nInstructions\nNone URL:https://sc.cpa/event/ssaa214-25-surgents-latest-developments-in-government-and-nonprofit-accounting-and-auditing/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004319Z LAST-MODIFIED:20250401T050821Z UID:10004960-1751284800-1751284800@sc.cpa SUMMARY:(SSOT127/25) Surgent's Raising Financially Capable Children DESCRIPTION:Event Description\nThis course focuses on the main elements of financial education and will help accounting and finance professionals guide their clients\, and their clients’ children\, through a personalized teaching roadmap. Clients with wealth face questions about how to teach their children about money to raise financially capable children. Often\, their first contact is to their accounting and financial professionals\, so it is important to be able to provide a framework to help teach clients how to prepare their children for life with privilege.This course is designed for all practitioners who want to help their clients navigate the process of teaching the next generation about personal finances. Because every family and child are different\, it is critical to develop a specific plan for each client\, and likely each child and grandchild. By working with their clients’ descendants\, accounting and finance professionals not only build rapport and trust but also get to know the children and grandchildren\, building firm value and long-term connection. \nDesigned For\nAccounting and finance professionals who want to help clients better prepare the next generation \nObjectives\nUnderstand the importance of financially capable children Be familiar with the basic elements of financial education Be able to deal with the most common questions and answers Recognize how to build a stronger relationship with clients \nMajor Subjects\nDiscussion of the importance of a financial education for the next generation Understanding a client’s financial values Determining a client’s financial literacy Helping clients develop a teaching roadmap Using knowledge to protect against entitlement Developing a knowledge base for the information\, including a full list of recommended books on the topic and games for families to play Discussion of specific topics\, including tips and tricks related to: Allowances Earning\, work\, and entrepreneurship Spending\, saving\, and investing Philanthropy Taxes Credit cards \nInstructions\nNone URL:https://sc.cpa/event/ssot127-25-surgents-raising-financially-capable-children/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004313Z LAST-MODIFIED:20250401T041221Z UID:10004959-1751284800-1751284800@sc.cpa SUMMARY:(SSAA222/25) Surgent's How Not-for-Profits Account for Grants and Contracts Under ASU No. 2018-08 DESCRIPTION:Event Description\nThis course is designed to help you proceed and succeed in applying the requirements found in ASU No. 2018-08\, Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made. Learn the thought process used in evaluating and recording contribution transactions. \nDesigned For\nNot-for-profit industry professionals and auditors \nObjectives\nUnderstand the steps involved in applying ASU No. 2018-08 Recognize how the new contribution guidance interacts with the old contribution guidance \nMajor Subjects\nEvaluating whether transactions should be accounted for as contributions or as exchange transactions Determining whether a contribution is conditional or unconditional Become comfortable with the new barrier and right of return/right of release terminology \nInstructions\nNone URL:https://sc.cpa/event/ssaa222-25-surgents-how-not-for-profits-account-for-grants-and-contracts-under-asu-no-2018-08/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004224Z LAST-MODIFIED:20250401T035222Z UID:10004958-1751284800-1751284800@sc.cpa SUMMARY:(SSTX311/25) Surgent's Weekly Expert Hour (Original Air Date: 6/02/22) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nIRS news releases and Fact Sheets as of June 2\, 2022 Key tax law changes affecting the 2022 filing season and Tax Year 2021 tax returns Charitable contributions Congressional Budget Office projections\, 2022 to 2023 \nInstructions\nNone URL:https://sc.cpa/event/sstx311-25-surgents-weekly-expert-hour-original-air-date-6-02-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004215Z LAST-MODIFIED:20250401T045616Z UID:10004956-1751284800-1751284800@sc.cpa SUMMARY:(SSTX173/25) Surgent's Loss Limitations - A Mechanical Review DESCRIPTION:Event Description\nOwners of S corporations and partnerships are subject to various limitations on pass-through losses\, each with unique rules\, applications\, and complexities. As many businesses are reporting losses as a result of COVID-19\, it is essential for tax practitioners to understand the mechanical aspects of each limitation and how they coordinate to provide effective planning for loss utilization in future periods. \nDesigned For\nExperienced practitioners who desire a refresher on loss limitations and an analysis of the new rules and less experienced practitioners who desire to learn the basics of all four pass-through loss limitations and their interactions in one course \nObjectives\nUnderstand how the activity of an entity and distributions are handled when basis limitations exist for partnership interest and S corporation stock Analyze at-risk amounts for disallowed losses and demonstrate understanding of how the amount and character of suspended amounts are determined Understand passive loss limitations and how character and the number of suspended losses are determined Analyze excess business loss limitations created by the Tax Cuts and Jobs Act of 2017 and understand the limitation calculation and resulting carryforward amounts \nMajor Subjects\nLimitation 1: Basis limitations will be reviewed in detail with computational examples and include insights into similarities and differences between calculations for partnership interests and S corporation stock Limitation 2: Detailed at-risk limitation computational examples will be reviewed\, and the mechanical features of partnerships and S corporation activities will be compared and contrasted Limitation 3: Passive loss limitation mechanics will be outlined in detail and discuss computations where there are a mix of entity structures owned by a taxpayer Limitation 4: Excess business losses will be presented from a mechanical perspective \nInstructions\nNone URL:https://sc.cpa/event/sstx173-25-surgents-loss-limitations-a-mechanical-review/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T004112Z LAST-MODIFIED:20250401T044918Z UID:10004955-1751284800-1751284800@sc.cpa SUMMARY:(SSTX307/25) Surgent's Weekly Expert Hour (Original Air Date: 5/5/22) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nSecure Act proposed regulations New RMD rules Outlook for the economy and markets \nInstructions\nNone URL:https://sc.cpa/event/sstx307-25-surgents-weekly-expert-hour-original-air-date-5-5-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003518Z LAST-MODIFIED:20250401T045412Z UID:10004953-1751284800-1751284800@sc.cpa SUMMARY:(SSTX192/25) Surgent's Getting Ready for Busy Season: Key Changes Every Tax Practitioner Should Know DESCRIPTION:Event Description\nGetting ready for busy season involves not only knowing what’s new for the current year\, but also understanding how the changing limits\, phaseouts and other rules apply to current-year returns. With major legislation enacted over the past few years\, the present course will constitute a one-stop “shop” that brings you the essential individual tax information. In addition\, this course provides an up-to-date review of important tax form changes\, new tax forms\, new limitations\, key developments as they are reflected in the IRS forms\, and IRS filing issues and deadlines that will be invaluable to attendees who prepare tax returns during busy season. \nDesigned For\nAny tax practitioner preparing or reviewing individual income tax returns for the current tax year \nObjectives\nUnderstand which income tax returns and schedules have changed for individuals and pass-through entities Identify the legislative\, administrative\, and judicial developments that affect the income tax returns and schedules of individuals and pass-through entities \nMajor Subjects\nTimely coverage of breaking tax legislation Comprehensive coverage of the Inflation Reduction Act of 2022 and SECURE Act 2.0; A tour of the most recent changes starting from gross income and ending with alternative minimum tax (AMT) and selected credits including the latest IRS guidance on recent tax legislation Hot developments affecting the upcoming tax season Review of new laws and changes in old forms to provide a familiarity for the upcoming tax season Key new tax and practice developments and how they impact the current-year tax forms for individuals \nInstructions\nNone URL:https://sc.cpa/event/sstx192-25-surgents-getting-ready-for-busy-season-key-changes-every-tax-practitioner-should-know/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003516Z LAST-MODIFIED:20250401T042223Z UID:10004952-1751284800-1751284800@sc.cpa SUMMARY:(SSAA239/25) Surgent's Applying Lessons Learned To Assure a Successful ASC 842 Adoption DESCRIPTION:Event Description\nWith the effective date of ASC 842\, Leases\, imminent\, it’s time to get tactical with your implementation plan. In this webinar\, Ane Ohm\, the co-founder and CEO of leading lease accounting software provider LeaseCrunch\, joins Surgent to discuss lessons learned and best practices from those who have already completed ASC 842 adoption to help assure a successful implementation of this complex accounting standard. Ane will discuss her experiences in assisting companies through the nuances of ASC 842\, from navigating its complex guidance on such topics as lease term\, lease payments\, and discount rates to providing a road map for performing transition accounting. Plus\, she’ll demonstrate the value of using lease accounting software to assist in these activities. With time at a premium\, this webinar will allow you to focus on the important activities that you should be doing now to complete your ASC 842 implementation. \nDesigned For\nPracticing CPAs and their staffs\, both in public accounting and business and industry – controllers\, accountants\, and other financial accounting personnel involved in financial statement preparation and review \nObjectives\nIdentify best practices for successful ASC 842 adoption Recall common challenges when applying ASC 842 guidance Identify tools to assist with successful ASC 842 adoption \nMajor Subjects\nASU No. 2016-02\, Leases (Topic 842) Implementation challenges in adopting ASC 842 Common pitfalls and errors in applying ASC 842 Best practices in implementing ASC 842 Use of lease accounting software for successful implementation and ongoing accounting \nInstructions\nNone URL:https://sc.cpa/event/ssaa239-25-surgents-applying-lessons-learned-to-assure-a-successful-asc-842-adoption/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003512Z LAST-MODIFIED:20250401T045922Z UID:10004951-1751284800-1751284800@sc.cpa SUMMARY:(SSAA289/25) Surgent's What in the GASB Were They Thinking! Governments and Leases DESCRIPTION:Event Description\nGovernments enter into leases for many types of assets. This course is designed to help you understand the core components of governmental lease accounting under GASB No. 87\, Leases. You will learn the important definitions involved\, the key decision points involved in applying the standard\, and how to think through those decision points. \nDesigned For\nGovernmental industry professionals and auditors \nObjectives\nSkillfully prepare for the implementation of GASB No. 87 Become comfortable with the application of GASB No. 87 in the governmental environment \nMajor Subjects\nEvaluating whether a contract meets the definition of a lease Properly calculating the lease term Determinations to be made with regard to short-term leases \nInstructions\nNone URL:https://sc.cpa/event/ssaa289-25-surgents-what-in-the-gasb-were-they-thinking-governments-and-leases/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003510Z LAST-MODIFIED:20250401T045919Z UID:10004950-1751284800-1751284800@sc.cpa SUMMARY:(SSTX160/25) Surgent's Taking Advantage of Installment Sales DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so that it won’t be necessary to send a check to Uncle Sam. There is a provision within the Internal Revenue Code that allows the taxpayer to defer recognition of immediate taxable gain in the year of sale known as an “installment sale.” Knowing how and when to utilize this provision makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals that could impact the future of this provision. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\nUtilize the provisions of IRC Sec 453 to defer recognizing gain on the sale of real property via an installment sale \nMajor Subjects\nHow does the IRC define an installment sale under IRC Sec 453? When can a taxpayer utilize the provisions of IRC Sec 453? When should a taxpayer utilize the provisions of an installment sale and when should it be avoided? How does the issue of a dealer vs. a non-dealer impact the use of the installment sale method? Reporting an installment sale when related parties are involved Calculating an installment sale How has the Tax Cuts and Jobs Act impacted the use of the installment sale method? \nInstructions\nNone URL:https://sc.cpa/event/sstx160-25-surgents-taking-advantage-of-installment-sales/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003312Z LAST-MODIFIED:20250401T050644Z UID:10004947-1751284800-1751284800@sc.cpa SUMMARY:(SSTE130/25) Surgent's Power Query Series: Merge Queries DESCRIPTION:Event Description\nA merge query combines two queries that have a common column or columns. This course discusses best practices for creating merge queries using Power Query (Excel version) and includes hands-on exercises to enable the user to demonstrate what they have learned.Power Query is an “ETL” tool that extracts\, transforms\, and loads data. This tool has a user-friendly interface that enables the Excel user to connect to data sets they previously did not have access to. It also enables powerful data transformations without requiring any coding and will save the Excel user time in performing their cleanup of data. This course is the eighth in a twelve-part series\, Power Query: Beginning Data Analytics for the Excel User. The series is designed so the Excel user can learn the functionality of Power Query and the many benefits of this powerful tool. Each 1-hour webcast has hands-on examples to enable the Excel user to experience the active learning of Power Query. \nDesigned For\nExcel users who want to develop data analytics skills \nObjectives\nUnderstand what a merge query is and why it is so useful Recognize the data requirements for a merge query Be familiar with the types of joins for a merge query \nMajor Subjects\nWhat is a merge query? What are the data requirements for a merge query? What are the types of joins for a merge query? Hands-on examples: creating merge queries\, creating a full anti-join using an append query\, grouping queries \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste130-25-surgents-power-query-series-merge-queries/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003311Z LAST-MODIFIED:20250401T041918Z UID:10004946-1751284800-1751284800@sc.cpa SUMMARY:(SSAA148/25) Surgent's Mastering Accounting for Income Taxes DESCRIPTION:Event Description\nSince its inception nearly 30 years ago\, many have continued to struggle with applying the current model for accounting for income taxes\, ASC 740. But this does not have to be you. This course will provide you with the basic knowledge necessary to understand the complexities of this challenging topic. Through discussions and use of exercises\, this course will analyze the authoritative literature to provide a thorough understanding of such topics as deferred taxes\, income tax expense\, uncertain tax positions and other classification and disclosure requirements related to income taxes. We will also explore some specialized areas of income tax accounting\, such as intra-period allocations of income tax expense and accounting for changes in tax laws and rates\, and we will review proposed updates to ASC 740 disclosures on which the FASB is contemplating.In summary\, this course is the place to be to enhance your accounting for income taxes IQ. \nDesigned For\nPracticing CPAs and their staffs\, both in public accounting and business and industry — controllers\, accountants\, and other financial accounting personnel involved in financial statement preparation and review \nObjectives\nIdentify and calculate the deferred tax asset or liability for an entity Determine when and how to report uncertain tax positions Calculate and report the components of income tax expense Develop appropriate disclosures Comprehend recent and proposed changes to accounting guidance for income taxes \nMajor Subjects\nThe sources of deferred tax assets and liabilities Calculating the deferred tax asset or liability Reporting income-tax expense and balance sheet items CARES Act accounting implications Defining\, analyzing\, and reporting uncertain tax positions Classification of deferred tax assets and liabilities Disclosure requirements Recent and proposed changes to the accounting and disclosure requirements for income taxes \nInstructions\nNone URL:https://sc.cpa/event/ssaa148-25-surgents-mastering-accounting-for-income-taxes/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003221Z LAST-MODIFIED:20250401T045521Z UID:10004945-1751284800-1751284800@sc.cpa SUMMARY:(SSAA287/25) Surgent's Understanding and Testing Control and Compliance in a Single Audit DESCRIPTION:Event Description\nThe control and compliance requirements for single audits differ from the requirements for GAAS audits. As a result\, sometimes it’s difficult to tell where the auditor’s responsibilities start and stop in a single audit. This course is designed to help you proceed and succeed in applying the single audit control and compliance requirements. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in single auditing today. \nDesigned For\nAuditors performing single audits \nObjectives\nObtain a thorough understanding of the auditor’s responsibilities related to internal control in a single audit Skillfully apply the single audit requirements related to testing direct and material compliance requirements for major programs Perform single audits that make peer reviewers happy \nMajor Subjects\nThe essential internal control concepts applied in a single audit How the auditor obtains an understanding of controls over compliance and then tests the effectiveness of those controls in a single audit How the auditor plans and performs tests of compliance in a single audit The identification and reporting of control and compliance findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa287-25-surgents-understanding-and-testing-control-and-compliance-in-a-single-audit/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003217Z LAST-MODIFIED:20250401T044022Z UID:10004944-1751284800-1751284800@sc.cpa SUMMARY:(SSOT113/25) Surgent's Corporate Bankruptcy Basics: Understanding the Reorganization and Liquidation Process DESCRIPTION:Event Description\nCorporate bankruptcies are complex proceedings involving multiple parties. Businesses file for bankruptcy to seek protection from creditors and to reorganize or liquidate debts. There are several reasons companies file for bankruptcy; however\, the most common include excessive debt\, a drop in demand\, increased costs\, lawsuits\, and poor accounting practices. As trusted advisors\, accounting and financial professionals should have a basic understanding of the bankruptcy process. This course provides an overview of corporate bankruptcy proceedings. Participants in this webinar will gain an understanding of how corporate bankruptcy proceedings begin and end\, as well as learn about key issues that affect debtor and creditor rights during bankruptcy.This webinar provides information from the perspective of both debtor and creditor. Although bankruptcy concerns the debts of the debtor\, the Bankruptcy Code provides substantial protections to creditors. Creditor rights\, however\, vary widely depending on the status afforded the creditor under the Bankruptcy Code. Do yourself\, your clients\, and your profit margin a favor\, and sign up for this invaluable webinar. \nDesigned For\nProfessionals seeking to understand the basic components of bankruptcy proceedings \nObjectives\nUnderstand the difference between Chapter 7 and 11 bankruptcy proceedings Advise clients regarding the proof of claim process Identify issues important to corporate creditors during the bankruptcy process Understand the role of the automatic stay injunction \nMajor Subjects\nCommencement of a corporate bankruptcy proceeding Protections provided to Chapter 11 and 7 debtors under the Bankruptcy Code Key procedural aspects of bankruptcy The automatic stay Differences between Chapters 7 and 11 bankruptcy cases How a debtor liquidates under Chapter 7 Proofs of claim Chapter 11 plans of reorganization Litigation that can arise during bankruptcy Creditor committees Bankruptcy trustees Avoidable preferences and fraudulent transfers Special rights afforded to landlords and secured creditors \nInstructions\nNone URL:https://sc.cpa/event/ssot113-25-surgents-corporate-bankruptcy-basics-understanding-the-reorganization-and-liquidation-process/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T003107Z LAST-MODIFIED:20250401T040115Z UID:10004942-1751284800-1751284800@sc.cpa SUMMARY:(SSOT137/25) Surgent's Understanding Non-Compete Agreements DESCRIPTION:Event Description\nMore and more employers rely on non-compete agreements to protect company assets. Although state laws vary\, non-competes are often used to protect the creation and development of corporate goodwill\, customer relationships and specialized training\, among others. Today\, employees are more likely to be asked to sign non-compete agreements as a condition to employment. Non-compete agreements are also a common component of a business sale agreement. This program surveys non-compete agreements from all angles. Whether you advise individual clients or work for an employer\, the presentation provides an understanding of common issues that arise in the negotiation and enforcement of non-competes. \nDesigned For\nPractitioners who advise employers who seek to use non-competes to protect corporate assets such as customer goodwill\, client lists or other legitimate business interests. Practitioners who advise individuals who may have signed non-compete agreements. \nObjectives\nGain an understanding of issues that arise when an employer seeks to enforce a non-compete or when an employee challenges the validity of a non-compete agreement Understand how non-compete laws vary significantly by state Learn common issues that arise when drafting and litigating non-compete agreements. \nMajor Subjects\nEnforcement of non-compete agreements from the employer’s perspective Opposing enforcement of non-compete agreements from the employee’s perspective Understanding reasonable geographic scope and time limitations for non-compete agreements Understanding key issues that arise during enforcement and opposition to enforcement of non-compete agreements. \nInstructions\nNone URL:https://sc.cpa/event/ssot137-25-surgents-understanding-non-compete-agreements/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002814Z LAST-MODIFIED:20250401T034322Z UID:10004939-1751284800-1751284800@sc.cpa SUMMARY:(SSAA181/25) Surgent's Construction Contractors: Accounting and Financial Reporting Issues DESCRIPTION:Event Description\nAccounting and financial reporting for construction contractors may be the most difficult area to be in compliance with the various standards. Also\, construction engagements are\, in many instances\, more “dangerous” than most lines of business due to the many users of the financial statements (especially considering the impact of COVID-19). In this course\, we will discuss why construction accounting and financial reporting are so complex and discuss the relationship between the contractor and the surety\, both from an underwriting and claims perspective. We will also explore what the surety looks for in order to maximize potential bond credit. \nDesigned For\nPractitioners who have construction clients and professionals in the construction industry who need to be up to date on the latest information \nObjectives\nApply accounting and financial reporting standards to construction contractors \nMajor Subjects\nOverall landscape of the construction industry GAAP and recent changes affecting the construction industry The new Revenue Recognition Standard and its impact on the construction industry The unique relationship between the contractor and the surety The new lease FASB ASC and its impact on the construction industry \nInstructions\nNone URL:https://sc.cpa/event/ssaa181-25-surgents-construction-contractors-accounting-and-financial-reporting-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002514Z LAST-MODIFIED:20250401T045118Z UID:10004935-1751284800-1751284800@sc.cpa SUMMARY:(SSTX286/25) Surgent's Weekly Expert Hour (Original Air Date: 11/19/20) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series.Please Note: CFP credit is not available for this course in 2021. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nBaer v. United States Safe harbor provided by Rev. Proc. 2020-51 Are S corporations and partnerships subject to the $10\,000 SALT limit? IRS Notice 2020-75 Commercial real estate tax strategies \nInstructions\nNone URL:https://sc.cpa/event/sstx286-25-surgents-weekly-expert-hour-original-air-date-11-19-20/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002512Z LAST-MODIFIED:20250401T050824Z UID:10004934-1751284800-1751284800@sc.cpa SUMMARY:(SSAA116/25) Surgent's Testing Internal Control and Reporting Deficiencies DESCRIPTION:Event Description\nThe risk assessment process requires the auditor to understand internal controls over financial reporting and report deficiencies to management and those charged with governance as defined by professional standards. Auditors may be also required or decide to test internal controls for effectiveness. This module builds on the previous module on internal control extending the participant’s skills to effective and efficient testing of internal controls and communicating deficiencies. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 3.) \nDesigned For\nAccountants who have responsibility for evaluating the design and operating effectiveness of controls in a financial statement audit \nObjectives\nExplain the professional standards related to and rationale for understanding and testing internal controls Discuss the professional standards related to testing controls for operating effectiveness Illustrate the appropriate level of linkage between the work performed in testing internal controls\, control reliance and reporting on internal controls Identify impact of a control reliance strategy on the detailed audit plan \nMajor Subjects\nRefresher on understanding internal controls When testing internal controls is required When testing of internal controls is an effective strategy to reduce substantive testing Designing tests of controls Responses when deviations are discovered in the design or operating effectiveness of internal control \nInstructions\nNone URL:https://sc.cpa/event/ssaa116-25-surgents-testing-internal-control-and-reporting-deficiencies/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002416Z LAST-MODIFIED:20250401T033215Z UID:10004933-1751284800-1751284800@sc.cpa SUMMARY:(SSTX193/25) Surgent's A Complete Guide to Offers in Compromise DESCRIPTION:Event Description\nThis course is designed to assist practitioners in preparing Offers in Compromise (OIC). After this course\, you should have an understanding of how proper planning can make a significant difference in the amount eventually paid to the IRS and the resulting financial well-being of your client. This program covers the basics\, from choosing the proper forms to utilize through the filing of an appeal if necessary. We will also explain how to increase your chances of having your OIC approved by the IRS by going over the complexities involved. \nDesigned For\nPractitioners who work with OICs and their rules and complexities \nObjectives\nIdentify the correct forms to use in filing an OIC Explain the three main types of OIC Understand what information should be gathered and put forth in filing an OIC Recognize what aspects of the OIC will increase chances of approval Understand what taxpayers shouldn’t do regarding OICs \nMajor Subjects\nLegislative history American Jobs Creation Act of 2004 and changes to IRC Section 6159 Comprehensive coverage of the three main types of OIC Doubts as to collectability (DATC) Doubts as to liability (DATL) Effective tax administration (ETA) Hybrid of DATC Detailed walk-through of the process and key terms Practical solutions and success rates Various scams \nInstructions\nNone URL:https://sc.cpa/event/sstx193-25-surgents-a-complete-guide-to-offers-in-compromise/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002412Z LAST-MODIFIED:20250401T045410Z UID:10004932-1751284800-1751284800@sc.cpa SUMMARY:(SSTX273/25) Surgent's Weekly Expert Hour (Original Air Date: 6/10/21) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format. Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. Please Note: CFP credit is not available for this course in 2021. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nSALT relief Tax basis capital reporting Remote workforce issues Update on the Section 121 Exclusion Takeaways from Coca-Cola v. Commissioner \nInstructions\nNone URL:https://sc.cpa/event/sstx273-25-surgents-weekly-expert-hour-original-air-date-6-10-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002327Z LAST-MODIFIED:20250401T054205Z UID:10004931-1751284800-1751284800@sc.cpa SUMMARY:(SSAA232/25) Surgent's IA Module 8 -- The Internal Audit (IA) Activity Quality/Excellence Continuum! DESCRIPTION:Event Description\nA commitment to excellence requires dedication toward self-improvement in whatever endeavor we choose\, including being Internal Audit (IA) professionals. Legendary football coach Vince Lombardi once said: “The quality of a person’s life is in direct proportion to their commitment to excellence\, regardless of their field of endeavor.” And Aristotle\, speaking some 2\,500 years earlier\, has been paraphrased as follows: “We are what we repeatedly do. Excellence then is not an act but a habit.” The consistent and ever-growing integration of quality and excellence in performance for IA activities is what this program is all about. From developing a sound understanding and application of IA standards regarding Quality Assurance and Improvement Programs (QAIPs) to moving far beyond compliance to highest-level quality and impact IA functioning\, this capstone course provides a vital roadmap to assist IA activity practitioners in their ongoing quests to tap more fully into and unleash their unlimited potential in better serving and adding value to all organizational stakeholders! \nDesigned For\nInternal audit (IA) professionals at all levels\, including consultants providing IA outsourcing\, co-sourcing and/or related services and external auditors providing IA services and/or who coordinate coverage with and place reliance on the work of Internal \nObjectives\nGain clarity regarding Quality and Excellence expectations for IA activities Develop a sound knowledge foundation of IA Quality Assurance and Improvement Program (QAIP) Standards Explore practical application strategies for adopting and implementing highly effective internal and external quality assessment programs Define ALL IA Organizational Stakeholders and emphasize Internal Auditors’ ever-increasing stakeholder value-adding roles and services Identify ongoing advanced skills and strategic leadership development/training program opportunities for Internal Auditors Introduce and integrate critical IA Success Quadrant utilization principles supporting ongoing IA quality initiatives and excellence in servicing \nMajor Subjects\nDefining Quality and Excellence for an IA activity: your Defining Moments! Quality Assurance and Improvement Program (QAIP): an overview QAIP Standards review Requirements of the QAIP: Internal/External Assessments Moving beyond standards compliance to highest-level quality and impact internal auditing It’s all about stakeholders and maximizing stakeholder value Advanced skills/leadership development for Internal Auditors The IA Success Quadrant and Never-Ending Quality/Excellence Continuum \nInstructions\nNone URL:https://sc.cpa/event/ssaa232-25-surgents-ia-module-8-the-internal-audit-ia-activity-quality-excellence-continuum/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002325Z LAST-MODIFIED:20250401T050414Z UID:10004930-1751284800-1751284800@sc.cpa SUMMARY:(SSTX165/25) Surgent's Getting Ready for Busy Season: Review Individual Tax Form Changes DESCRIPTION:Event Description\nGetting ready for busy season involves not only knowing the tax rules for 2023\, but also knowing how those rules are incorporated into the IRS tax forms practitioners will be using to prepare 2023 tax returns. This course provides tax return preparer attendees with an up-to-date review of important new tax forms\, key tax developments\, and tax law changes as they are reflected in IRS forms for 2023 and IRS filing issues and deadlines as they relate to 2023. \nDesigned For\nAny tax practitioner preparing or reviewing income tax returns for 2022 \nObjectives\nUnderstand new tax developments and the impact they have on the 2023 tax forms Note changes in 2023 tax forms from the 2022 versions of the same forms \nMajor Subjects\nMajor 2023 tax form changes as they relate to individual taxpayers Key new tax developments as they relate to 2023 and how they impact the 2023 tax forms \nInstructions\nNone URL:https://sc.cpa/event/sstx165-25-surgents-getting-ready-for-busy-season-review-individual-tax-form-changes/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002318Z LAST-MODIFIED:20250401T045023Z UID:10004928-1751284800-1751284800@sc.cpa SUMMARY:(SSTE114/25) Surgent's Excel: The Data Tools for Analysis - Power Query and Power Pivot DESCRIPTION:Event Description\nWith the Power BI ecosystem\, a complete business intelligence solution\, your company can begin the data analytics journey with Excel. Excel contains two data tools of the Power BI ecosystem to begin developing data skills: Power Query and Power Pivot. Beginning your data journey with an application your business users are already familiar with will increase your chances of success in your company’s data goals.This course will demonstrate the capabilities of Power Query and Power Pivot in Excel. \nDesigned For\nAnyone who wants to understand how you can begin your data analytics journey with the data tools available in Excel \nObjectives\nExplain the data tools available in Excel Locate Power Query and Power Pivot in Excel Be well versed in the important points of Power Query and Power Pivot Understand why starting with Excel in implementing data analytics is a smart choice \nMajor Subjects\nDemonstration in Excel: where to locate the data tools of Power Query and Power Pivot Data skills demonstrated: data preparation and data modeling Demonstrations in Power Query – the Extract Transform and Load tool for data preparation of the Power BI ecosystem\, including data sources Power Query can connect to; transformations; load options; operations; and sample of use cases Demonstrations in Power Pivot\, the data modeling tool of the Power BI ecosystem\, including query organization; custom columns; parameters; and database capabilities \nInstructions\nNone URL:https://sc.cpa/event/sste114-25-surgents-excel-the-data-tools-for-analysis-power-query-and-power-pivot/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002311Z LAST-MODIFIED:20250401T040110Z UID:10004925-1751284800-1751284800@sc.cpa SUMMARY:(SSTX241/25) Surgent's U.S. Taxation of Foreign Corporations: A Case Study Approach DESCRIPTION:Event Description\nThis course is a case study designed to provide a comprehensive overview of U.S. taxation of a foreign corporation. Using a specific example\, the course will walk through step-by-step mechanics on how to calculate the income inclusions and foreign tax credits under GILTI (Global Intangible Low-Taxed Income)\, Subpart F\, and PFIC (Passive Foreign Investment Company) regimes. The case study will further evaluate tax impact of subsequent distributions from the foreign corporation and sales of its stock. A compare-and-contrast approach will highlight the different outcomes of these regimes for individuals and for C corporations\, empowering participants to advise their clients on the most tax efficient way to structure their international investments. \nDesigned For\nAny tax practitioner with clients invested in a foreign corporation \nObjectives\nExplain the similarities and differences between GILTI\, Subpart F\, and PFIC regimes Understand the mechanics of income inclusions and foreign tax credits available under GILTI\, Subpart F\, and PFIC regimes Compare and contrast the overall tax liability under different circumstances Identify tax planning opportunities for income from foreign corporations \nMajor Subjects\nUnderstand how to approach and analyze the U.S. taxation of foreign corporations Using an example\, calculate GILTI\, Subpart F\, and PFIC income inclusions for an individual and C corporation Determine how much foreign tax credit can be claimed against such income inclusions Determine how subsequent dividend distributions from the foreign corporation are taxed Calculate capital gain on the disposition of the foreign corporation Discuss the impact of Section 962 election Compare different outcomes under GILTI\, Subpart F\, and PFIC regimes for individuals and corporations Identify basic strategies for managing tax liabilities related to foreign corporations \nInstructions\nNone URL:https://sc.cpa/event/sstx241-25-surgents-u-s-taxation-of-foreign-corporations-a-case-study-approach/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002310Z LAST-MODIFIED:20250401T051732Z UID:10004924-1751284800-1751284800@sc.cpa SUMMARY:(SSTX292/25) Surgent's Weekly Expert Hour (Original Air Date: 10/08/20) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series.Please Note: CFP credit is not available for this course in 2021. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nTIGTA Audit Report No. 2020-30-056 Regulations under Section 274 relating to deducting meal and entertainment expenses (October 2020) PPP loan forgiveness (as of 10/08/20) \nInstructions\nNone URL:https://sc.cpa/event/sstx292-25-surgents-weekly-expert-hour-original-air-date-10-08-20/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002131Z LAST-MODIFIED:20250401T042026Z UID:10004921-1751284800-1751284800@sc.cpa SUMMARY:(SSTX163/25) Surgent's Taking Advantage of Installment Sales and Like-Kind Exchanges DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so it won’t be necessary to send a check to Uncle Sam. There are two provisions within the Internal Revenue Code that allow the taxpayer to defer recognition of immediate taxable gain in the year of sale: installment sales and like-kind exchanges. Knowing how and when to utilize these provisions makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals which could impact the future of these two provisions. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\nLearn when and how to utilize the provisions of IRC Section 453 in order to defer recognizing gain on the sale of real property via installment sales Learn when and how to utilize the provisions of IRC Section 1031 in order to defer recognizing gain on the sale of real property via a like-kind exchange \nMajor Subjects\nHow does the IRC define an installment sale under Section 453? When can a taxpayer utilize the provisions of IRC Section 453? When should a taxpayer utilize the provisions of an installment sale and when should it be avoided? How does the issue of a dealer vs. a non-dealer impact the use of the installment sale method? Reporting an installment sale when related parties are involved Calculating an installment sale How has the Tax Cuts and Jobs Act impacted the use of the installment sale method? What is a like-kind exchange as defined by IRC Section 1031? When can a taxpayer utilize the provisions of IRC Section 1031? What types of real property are eligible for like-kind exchange treatment and what types are not What is boot and how does it impact the like-kind exchange deferral? Calculating a like-kind exchange including any taxable portion How has the Tax Cuts and Jobs Act impacted the use of like-kind exchanges? Recent changes to like-kind exchanges as the result of IRS final regulations Changes that may be on the horizon regarding like-kind exchanges \nInstructions\nNone URL:https://sc.cpa/event/sstx163-25-surgents-taking-advantage-of-installment-sales-and-like-kind-exchanges/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T002123Z LAST-MODIFIED:20250401T042009Z UID:10004920-1751284800-1751284800@sc.cpa SUMMARY:(SSTX255/25) Surgent's Weekly Expert Hour (Original Air Date: 11/11/21) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series.Please Note: CFP credit is not available for this course in 2021. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nInfrastructure Investment and Jobs Act (as of 11/11/21) Q&As regarding the Employee Retention Credit (ERC) Audit Reconsideration \nInstructions\nNone URL:https://sc.cpa/event/sstx255-25-surgents-weekly-expert-hour-original-air-date-11-11-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T001818Z LAST-MODIFIED:20250401T031245Z UID:10004919-1751284800-1751284800@sc.cpa SUMMARY:(SSTX216/25) Surgent's Update on the SECURE 2.0 Act DESCRIPTION:Event Description\nThis course provides a comprehensive analysis of the SECURE 2.0 Act\, which is part of a much larger legislative package entitled the Consolidated Appropriations Act\, 2023. The principal focus of the Act is to expand retirement coverage and increase retirement savings. As such\, the Act has many important changes relating to IRAs and qualified plans. This long-awaited new legislation alters the landscape of retirement planning for taxpayers of all ages\, and there are changes taking immediate effect in January 2023. Make sure you are up-to-date with the latest information available in order to effectively advise your clients on these important changes. In addition\, this guidance will be of particular relevance to practitioners’ own retirement planning. \nDesigned For\nAny accounting and finance practitioner advising clients with respect to new pension and other changes brought about by the SECURE 2.0 Act of 2022 \nObjectives\nUnderstand the latest nuts and bolts rules on retirement for yourself and your accounting and finance clients Competently discuss the current state of retirement planning with your accounting and finance clients \nMajor Subjects\nAutomatic enrollment requirements for 401(k) plans Change in the credit for small employer pension plan startup costs $2\,000 saver’s match Changes in pooled employer plans Multiple employer 403(b) plans Increase in age for required beginning date for mandatory distributions Indexing IRA catch-up limit Higher catch-up limit to apply at age 60\, 61\, 62\, and 63 Treatment of student loan payments as elective deferrals for purposes of matching contributions Application of credit for small employer pension startup costs to employers who join an existing plan Small immediate financial incentives for contributing to a plan Withdrawals for certain emergency expenses Starter 401(k) plans for employers with no retirement plans Improving coverage for part-time workers Recovery of retirement plan overpayments Tax treatment of IRAs involved in a prohibited transaction Clarification of substantially equal periodic payment rule \nInstructions\nNone URL:https://sc.cpa/event/sstx216-25-surgents-update-on-the-secure-2-0-act/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20250630T120000 DTEND;TZID=America/Detroit:20250630T120000 DTSTAMP:20260403T191344 CREATED:20250401T001717Z LAST-MODIFIED:20250401T044310Z UID:10004918-1751284800-1751284800@sc.cpa SUMMARY:(SSMG131/25) Surgent's Implementing Subscription Pricing to Your Practice DESCRIPTION:Event Description\nThis course is designed to provide accountants with a comprehensive understanding of the subscription pricing model. As the business world increasingly shifts toward subscription-based models\, it’s crucial for accountants to understand the financial implications and strategies associated with this pricing approach. This course will cover the basics of subscription pricing\, how to set prices\, and how to analyze the financial impacts of these decisions\, as well as the specific impacts to your business.By the end of this course\, participants will be equipped with the knowledge and skills to effectively manage the implementation of subscription pricing to their practice. \nDesigned For\nAll finance and accounting professionals who want to improve billing practices for their business \nObjectives\nUnderstand what subscription pricing is and the need for a shift from traditional pricing to subscription pricing Set subscription prices based on costs\, customer value perception\, and competitive analysis Transition to a subscription pricing model and communicate these changes to stakeholders Understand the need to regularly review and adjust subscription pricing based on business needs and client changes Manage customer retention and churn in a subscription pricing model Develop skills to analyze the financial impact of subscription pricing on a business’s revenue and profitability \nMajor Subjects\nThe basics of subscription pricing Pricing strategies\, with an eye toward a modern model for your business How to implement subscription pricing The need to look back and assess the financial impact of the implementation How to manage customer retention The optimum subscription pricing for your business \nInstructions\nNone URL:https://sc.cpa/event/ssmg131-25-surgents-implementing-subscription-pricing-to-your-practice/ CATEGORIES:Self-Study Video END:VEVENT END:VCALENDAR