BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.17.2//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:South Carolina Association of CPAs 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:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20280312T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20281105T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T002726Z CREATED:20260807T002725Z LAST-MODIFIED:20260807T002726Z UID:10006701-1814356800-1814356800@sc.cpa SUMMARY:(SSAA202/27) Surgent's How Can I Spot Fraud? A Review of Fraud Detection and Prevention Techniques DESCRIPTION:Event Description\nThis course will discuss what to do if you suspect fraud within your organization. The HealthSouth fraud case is presented as a means of understanding how the fraud was committed\, and ways in which it could have been prevented. This is the second of five 2-hour courses in Surgent’s Fraud Certificate Program. This program includes a combination of lectures\, animated videos\, and live interviews with white-collar offenders and whistle-blowers. Each course is designed to be engaging and informative and will enhance your understanding of fraud. \nDesigned For\nProfessionals who want to learn how to recognize and prevent fraud in their business \nObjectives\n\nRecognize ways to detect and prevent fraud in your organization\n\nMajor Subjects\nCommon fraud prevention strategies Common fraud detection methods \nInstructions\nNone URL:https://sc.cpa/event/ssaa202-27-surgents-how-can-i-spot-fraud-a-review-of-fraud-detection-and-prevention-techniques/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003238Z CREATED:20260807T003232Z LAST-MODIFIED:20260807T003238Z UID:10006705-1814356800-1814356800@sc.cpa SUMMARY:(SSBM104/27) Surgent's CFOs as Leaders of Organizational Change: Driving Innovation and Navigating Economic Uncertainties – Panel Discussion DESCRIPTION:Event Description\nThis engaging panel discussion will explore the evolving role of CFOs as strategic leaders of organizational change. As companies face unprecedented challenges – economic shifts\, technological advancements\, and the increasing need for innovation – CFOs are stepping beyond traditional financial stewardship to become catalysts for transformation. The panel will be facilitated by Surgent’s Accounting and Auditing Content Developer\, Cory Ng and will feature Avia Yudalevich and Landon Cortenbach\, two leading CFOs from diverse industries. They will share their insights and experiences in driving innovation\, enhancing operational efficiencies\, managing financial risks\, and navigating economic uncertainties. This session will provide insights into the strategic decision-making processes CFOs employ to steer companies through challenges\, while also seizing opportunities for growth. \nDesigned For\nAccounting practitioners\, CPAs\, CFOs\, financial executives\, and senior management professionals involved in or aspiring to lead organizational change \nObjectives\n\nUnderstand the evolving role of CFOs as leaders of organizational change and innovation\n Identify key strategies CFOs use to navigate economic uncertainties and drive business resilience\n Evaluate risk management strategies and frameworks that support organizational resilience\n Explore the role of technology and innovation in the financial decision-making process led by CFOs\n Understand the leadership skills necessary for CFOs to act as agents of change in their organizations\n\nMajor Subjects\nThe CFO’s expanding role in organizational leadership Leading innovation in finance and beyond Navigating economic challenges and uncertainties Effective risk management frameworks for CFOs CFOs as agents of change: aligning finance with broader organizational strategy The intersection of finance\, technology\, and innovation \nInstructions\nNone URL:https://sc.cpa/event/ssbm104-27-surgents-cfos-as-leaders-of-organizational-change-driving-innovation-and-navigating-economic-uncertainties-panel-discussion/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003418Z CREATED:20260807T003418Z LAST-MODIFIED:20260807T003418Z UID:10006706-1814356800-1814356800@sc.cpa SUMMARY:(SSTX303/27) Surgent's Weekly Expert Hour (Original Air Date: 8/12/21) 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\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nChild Tax Credit update (as of 8/12/21) Revenue Procedure 2021-33 How to use an annuity What tax practitioners need to be aware of regarding the Champlain Towers condo collapse \nInstructions\nNone URL:https://sc.cpa/event/sstx303-27-surgents-weekly-expert-hour-original-air-date-8-12-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003439Z CREATED:20260807T003438Z LAST-MODIFIED:20260807T003439Z UID:10006708-1814356800-1814356800@sc.cpa SUMMARY:(SSOT162/27) Surgent's Yellow Book and Single Audits: How to Stay in Good Graces and Out of Bad Places with Your Peer Reviewer DESCRIPTION:Event Description\nIf you perform Yellow Book audits and/or single audits\, it is a given that a peer reviewer will be looking at your work on those engagements! Why fret and sweat about what peer reviewers are going to be looking for? In this course\, we will explore the key audit requirements that peer reviewers focus on\, how the auditor complies with those requirements\, and common pitfalls seen in Yellow Book and single audits. This course will help you proceed and succeed in your Yellow Book and single audits! \nDesigned For\nNot-for-profit and government auditors \nObjectives\n\nUnderstand what peer reviewers look at (and don’t look at) when reviewing Yellow Book and single audits\n Apply some of the best practices and avoid some of the worst habits seen in audits of governments and not-for-profits\n Skillfully apply today’s Yellow Book and Uniform Guidance requirements\n\nMajor Subjects\nThe key requirements and audit areas that peer reviewers hone in on when reviewing Yellow Book and single audit engagements Avoiding common pitfalls seen in Yellow Book and single audits How to improve your performance on Yellow Book and single audits while staying in good graces with your peer reviewer \nInstructions\nNone URL:https://sc.cpa/event/ssot162-27-surgents-yellow-book-and-single-audits-how-to-stay-in-good-graces-and-out-of-bad-places-with-your-peer-reviewer/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003448Z CREATED:20260807T003447Z LAST-MODIFIED:20260807T003448Z UID:10006709-1814356800-1814356800@sc.cpa SUMMARY:(SSTX353/27) Surgent’s Weekly Expert Hour (Original Air Date: 9/19/24) 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 series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.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\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nDiscussion of the continuing struggle for FAFSA simplification Form 1099-K and crowdfunding online Anti-money laundering regulations for residential real estate transfers An overview of the expiring TCJA provisions \nInstructions\nNone URL:https://sc.cpa/event/sstx353-27-surgents-weekly-expert-hour-original-air-date-9-19-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003713Z CREATED:20260807T003713Z LAST-MODIFIED:20260807T003713Z UID:10006713-1814356800-1814356800@sc.cpa SUMMARY:(SSTE113/27) 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\n\nExplain the data tools available in Excel\n Locate Power Query and Power Pivot in Excel\n Be well versed in the important points of Power Query and Power Pivot\n Understand why starting with Excel in implementing data analytics is a smart choice\n\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/sste113-27-surgents-excel-the-data-tools-for-analysis-power-query-and-power-pivot/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003718Z CREATED:20260807T003718Z LAST-MODIFIED:20260807T003718Z UID:10006714-1814356800-1814356800@sc.cpa SUMMARY:(SSTX115/27) Surgent's Technical Business Practice Issues and Tax Forms for Experienced Practitioners DESCRIPTION:Event Description\nDon’t let the title frighten you. It is critical that staff be trained on the increasingly complex forms-related issues that challenge them each busy season. This course will help experienced staff focus on the essential amidst the cacophony of IRS and legislative changes and avoid costly mistakes.This course brings to the forefront advanced preparation issues\, from individual returns to flow-through entities such as S corporations\, LLCs\, and partnerships. \nDesigned For\nAccounting and Finance Professionals who are involved in planning\, preparing\, or reviewing complex returns \nObjectives\n\nProperly complete several tax forms related to certain advanced technical issues which arise in preparing Forms 1065 and 1120-S\n Understand advanced technical practice issues facing practitioners today\n\nMajor Subjects\nBonus depreciation and Section 179 changes under the OBBBA Schedules K-2 and K-3 and filing exceptions Form 7203; IRS Tax Pro Account; IRS modernization initiatives Information Returns Intake System (IRIS) Identity Theft warnings;; IRS guidance for the marijuana industry; Recycled Form 1099-NEC to report nonemployee compensation; Form 1065 steps for reporting capital; Centralized audit regime; late filing penalties and small partnership relief; Substance over Form argument of shareholder loans; Advanced study of At-Risk loans; Employer W-2 correction requests; Don’t get caught watching the paint dry — What is hot and new; What is terminating S corporations today?; Special allocation issues of Section 704; Final regulations for allocating depreciation recapture to partners and members of LLCs; \nInstructions\nNone URL:https://sc.cpa/event/sstx115-27-surgents-technical-business-practice-issues-and-tax-forms-for-experienced-practitioners/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003722Z CREATED:20260807T003722Z LAST-MODIFIED:20260807T003722Z UID:10006715-1814356800-1814356800@sc.cpa SUMMARY:(SSBM105/27) Surgent's Mastering Client Management for Accounting and Finance Professionals DESCRIPTION:Event Description\nDo you want to build stronger relationships with your clients\, improve client retention\, and drive growth in your practice? This course delves into the essential strategies for effective client management in today’s competitive landscape.Client relationships\, like any relationship\, can be challenging to manage. Miscommunication\, differing work styles\, and unrealistic expectations are some of the challenges accounting and finance professionals routinely encounter. However\, when accounting clients and members of your team are on the same page\, client loyalty and profitability improve while conflict is minimized. This webinar explores proven strategies to improve relationships between accounting and finance professionals and their clients. \nDesigned For\nAnyone in the accounting or financial service professions who seeks to gain a better understanding of strategies to improve client relationships \nObjectives\n\nIdentify and manage client risks and expectations\n Develop strategies for boosting client satisfaction and loyalty\n Understand client management best practices\n Develop practical skills to build stronger client relationships and improve client satisfaction\n Leverage technology to enhance your client service capabilities\n Discover strategies to optimize client retention and drive growth in your practice\n\nMajor Subjects\nThe evolving landscape of client expectations in the accounting profession Building strong and lasting client relationships through effective communication\, empathy\, and proactive service Implementing efficient client onboarding and engagement processes Leveraging technology to streamline communication\, enhance collaboration\, and deliver personalized service Effectively resolving client concerns and complaints Utilizing client feedback to continually improve your practice \nInstructions\nNone URL:https://sc.cpa/event/ssbm105-27-surgents-mastering-client-management-for-accounting-and-finance-professionals/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T003823Z CREATED:20260807T003823Z LAST-MODIFIED:20260807T003823Z UID:10006716-1814356800-1814356800@sc.cpa SUMMARY:(SSTX118/27) Surgent's Avoiding the Top 10 Mistakes That Can Wipe Out Retirement Savings DESCRIPTION:Event Description\nYears of growth in a retirement account can be wiped out by one mistake. As such\, retirement account owners and their advisors should take care to ensure that IRAs are operated in compliance with the governing regulations. This includes ensuring that distributions are handled properly\, and that movement of retirement assets\, including between IRAs and employer plans\, does not violate the limitations that apply. \nDesigned For\nAll practitioners advising clients on these complex issues \nObjectives\n\nIdentify penalties that can apply to distributions\, and how they can be avoided\n Help clients avoid the portability mistakes that can result in unintended tax consequences\n Move inherited retirement assets in a manner that preserves tax deferred status\n Help clients avoid ineligible contributions\n Explain the operational and compliance requirements for Roth IRA conversions\n\nMajor Subjects\nCoverage of applicable rules from SECURE Act 2.0 The 10% penalty Net unrealized appreciation of employer securities Roth IRA conversions Rollovers and the limitations Direct rollovers vs indirect rollovers\, and tax withholding; Beneficiary portability rules When a Roth IRA distribution is qualified to be tax-free Excess contributions and the 6% excise tax \nInstructions\nNone URL:https://sc.cpa/event/sstx118-27-surgents-avoiding-the-top-10-mistakes-that-can-wipe-out-retirement-savings/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004025Z CREATED:20260807T004025Z LAST-MODIFIED:20260807T004025Z UID:10006721-1814356800-1814356800@sc.cpa SUMMARY:(SSTX253/27) Surgent's Forms 1120-S and 1065 Return Review Boot Camp for New and Experienced Reviewers DESCRIPTION:Event Description\nMost review techniques developed by professionals are self-taught and fine-tuned via experience. Yet how does one start? The purpose of this course is to give both new and seasoned reviewers additional and advanced procedures via a multitude of checklists to more thoroughly review S corporation and partnership tax returns. Its emphasis is not planning; rather\, it is to develop a strategy to properly review a return effectively and thoroughly. The course includes dozens of “practice tips for new reviewers” and is updated for impacts of newly enacted legislation. \nDesigned For\nSenior-level staff new to the review process or experienced staff members looking to update and/or expand their review procedures \nObjectives\n\nExpand the process involved in reviewing applicable tax returns\n Identify the most common areas that result in errors\n Document a review\, including consideration of risk management\n\nMajor Subjects\nReviews of portions of error-prone staff-prepared Forms 1120-S and 1065 from client-provided information What are common errors preparers make and what are the areas generating malpractice claims? Initial administrative groundwork The importance of Schedule M-1. Learn how various schedules are related and learn how to self-review Reporting requirements and filing exceptions for Schedules K-2 and K-3 Don’t fall prey to reporting oddities When can seemingly separately stated Schedule K items actually be trade or business items to report on Forms 1120-S or 1065? Form 1120-S – What exactly is terminating S elections today? How do I recognize a second class of stock? Maintaining shareholder basis schedules; beware of final IRS regulations regarding open debt; the default method of calculating basis versus the election under Section 1367; can an S corporation distribute earnings and profits from C corporation years? Form 1065 – New tax reporting requirement for partners’ capital balances Why use Section 704(b) to maintain capital accounts; Section 704(c) regulations for preventing the shifting of tax consequences among partners or members; allocating recourse\, nonrecourse\, and qualified nonrecourse debt; a review of Section 754 step-up in basis rules Multiple checklists of efficient procedures to identify potential issues on an 1120-S or 1065 tax return Major provisions of HR 1\, One Big Beautiful Bill Act (OBBBA)\, relevant to course material have been included throughout \nInstructions\nNone URL:https://sc.cpa/event/sstx253-27-surgents-forms-1120-s-and-1065-return-review-boot-camp-for-new-and-experienced-reviewers/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004027Z CREATED:20260807T004027Z LAST-MODIFIED:20260807T004027Z UID:10006722-1814356800-1814356800@sc.cpa SUMMARY:(SSTE101/27) Surgent's Agentic AI Foundations for Finance and Accounting DESCRIPTION:Event Description\nThis course introduces accounting\, auditing\, and finance professionals to the emerging field of agentic AI: autonomous\, goal-driven systems capable of planning\, acting\, and learning with minimal human intervention. Participants will explore how agentic AI differs from traditional automation (RPA) and generative AI\, and how these agents are being deployed in finance and accounting. The course emphasizes foundational concepts such as the Perceive-Reason-Act-Learn (PRAL) loop and ethical decision-making frameworks.To ground abstract ideas in practice\, participants will experience a brief agent simulation using basic ChatGPT\, showcasing how natural language prompts can emulate agentic behavior\, such as goal setting\, clarification loops\, and structured task execution. The course also highlights real-world agent platforms (e.g.\, Microsoft Copilot\, IBM watsonx\, and UiPath) to provide context on enterprise adoption trends and discusses emerging global regulations such as the EU AI Act and the U.S. Executive Order on Safe AI. \nDesigned For\nCPAs\, CFOs\, controllers\, finance managers\, CITP/CISA holders or aspirants\, and professionals interested in the impact of agentic systems on finance and management accounting \nObjectives\n\nDefine agentic AI and differentiate it from generative AI and RPA\n Identify core use cases of agentic AI in finance and accounting\, including scenario modeling and financial close automation\n Recognize the potential benefits and risks of deploying autonomous agents in financial workflows\n Understand global regulatory frameworks that govern agentic AI\n Assess the role of the accounting professional in ensuring responsible AI adoption\n\nMajor Subjects\nEvolution from RPA to agentic AI (PRAL cycle: perceive\, reason\, act\, and learn) Use cases in financial reporting and decision support Platform overview: simulating agents with ChatGPT; enterprise examples from IBM watsonx\, Microsoft Copilot\, and UiPath Global regulation: EU AI Act\, U.S. Executive Order\, AICPA Code of Conduct Ethical considerations and professional skepticism in autonomous systems \nInstructions\nNone URL:https://sc.cpa/event/sste101-27-surgents-agentic-ai-foundations-for-finance-and-accounting/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004112Z CREATED:20260807T004112Z LAST-MODIFIED:20260807T004112Z UID:10006723-1814356800-1814356800@sc.cpa SUMMARY:(SSAA165/27) Surgent's The Most Critical Challenges in Governmental Accounting Today DESCRIPTION:Event Description\nWith the constant churning of governmental accounting standards\, now is the time to know more than just what the standards say; we need to know what they mean and how they will affect governmental entities. This course is designed to do just that! The course materials utilize a highly illustrative and innovative format. Over 15 focused exercises are included to provide an enhanced working knowledge of the most critical challenges in governmental accounting today. \nDesigned For\nGovernmental industry professionals and auditors \nObjectives\n\nIdentify the critical changes occurring in governmental accounting today\n Skillfully implement today’s most challenging GASB standards\n More effectively audit governmental entities through superior knowledge of key accounting issues\n\nMajor Subjects\nThe implementation of GASB No. 101 on compensated absences GASB No. 103 addressing improvements to the financial reporting model The application of GASB No. 102 on certain risk disclosures and GASB No. 104 on disclosure of certain capital assets \nInstructions\nNone URL:https://sc.cpa/event/ssaa165-27-surgents-the-most-critical-challenges-in-governmental-accounting-today/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004114Z CREATED:20260807T004113Z LAST-MODIFIED:20260807T004114Z UID:10006724-1814356800-1814356800@sc.cpa SUMMARY:(SSTX246/27) Surgent's Update on the SECURE 2.0 Act DESCRIPTION:Event Description\nThis course provides a comprehensive analysis of the SECURE 2.0 Act. 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 legislation alters the landscape of retirement planning for taxpayers of all ages. Make sure you are up to date with the latest information available in order to effectively advise your clients on these important changes. \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 \nObjectives\n\nUnderstand the latest nuts and bolts rules on retirement for yourself and your accounting and finance clients\n Competently discuss the current state of retirement planning with your accounting and finance clients\n\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/sstx246-27-surgents-update-on-the-secure-2-0-act/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004120Z CREATED:20260807T004119Z LAST-MODIFIED:20260807T004120Z UID:10006725-1814356800-1814356800@sc.cpa SUMMARY:(SSBM24/27) Surgent's Project Management: Tips\, Tricks\, and Traps DESCRIPTION:Event Description\nRecent economic\, societal\, and political changes have shown us the need for numerous projects and the need to manage those projects in a unique way. Project management is a way of thinking highly recognized and practiced by large organizations\, but often neglected by the smallest companies and entrepreneurs. This course quickly discusses the basics of project management thought and practice and then spends the majority of the time exploring some of the greatest mistakes that can be made\, the ways to avoid them\, and some of the tricks that have been introduced into the discipline. In the program we will explore some of the specific types of project management as well as some of the available software programs to make the task of project management easier. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\n\nUnderstand the importance of project management in parts of the financial function\n See how project management can help an individual executive better organize the department\n Review different types of project management and see which one or ones might be best for the department and organization\n Explore some of the project management software suited for the small to medium size enterprise\n\nMajor Subjects\nContrasting project management with operations management Reviewing organizational culture and how it applies to project management The various types of project management including Agile\, Scrum\, Waterfall\, Critical path\, and others Looking at risk management software and its application in different types of project management Managing and leading project management stakeholders \nInstructions\nNone URL:https://sc.cpa/event/ssbm24-27-surgents-project-management-tips-tricks-and-traps/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004412Z CREATED:20260807T004412Z LAST-MODIFIED:20260807T004412Z UID:10006728-1814356800-1814356800@sc.cpa SUMMARY:(SSOT147/27) Surgent's Securing a Comfortable Retirement DESCRIPTION:Event Description\nThis course gives CPAs the knowledge to help their clients plan for retirement by evaluating how much retirement income will be required and strategizing about how to reach retirement goals. \nDesigned For\nCPAs looking to advise clients on retirement planning\, and CPAs looking for effective strategies for their own retirement \nObjectives\n\nHelp clients determine how much retirement income is necessary for the desired retirement lifestyle\n Identify resources available for retirement\n Understand how to build the three-legged retirement stool: employer retirement\, savings\, and Social Security\n Develop Plan B when the ideal retirement goal is not achievable\n Explain ways that clients can convert the equity in a home to retirement income\n Explain how the value of a small business can be converted to retirement income\n Explain survival possibilities and how first-to-die and last-to-die survival probabilities are used in retirement planning for married couples\n Understand timing regarding the use of taxable retirement funds and nontaxable funds\, and strategies to minimize income tax on Social Security\n Recognize the role of various investment types\, such as mutual funds\, equity holdings\, and bonds in retirement planning\n Summarize key points of recent research on the sustainability of retirement income and maintenance of desired retirement lifestyles\n\nMajor Subjects\nRetirement planning using variables such as desired lifestyle\, travel plans\, housing plans\, medical needs\, and family needs to customize a retirement plan unique to the client Using the residence and other real estate as retirement assets through equity and rent Using the small business as a retirement resource through creative retirement plans\, non-qualified deferred compensation\, and converting the value of the business through sales within the family or to an outside party An overview of portfolio management for retirees\, including sustainable portfolio withdrawal rates; balancing investments between income and equity\, and taxable and nontaxable; and asset liquidation and distribution timing to minimize the tax impact of retirement distributions and maximize cash flow from retirement vehicles and Social Security The three-legged retirement stool: employer retirement\, savings\, and Social Security Updates introduced by the One Big Beautiful Bill Act Analysis of the most current/important research on retirement planning and sustaining retirement income levels Planning with the new retirement provisions of SECURE Act 2.0 \nInstructions\nNone URL:https://sc.cpa/event/ssot147-27-surgents-securing-a-comfortable-retirement/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004516Z CREATED:20260807T004515Z LAST-MODIFIED:20260807T004516Z UID:10006729-1814356800-1814356800@sc.cpa SUMMARY:(SSAA120/27) Surgent's Accounting for and Auditing Leases DESCRIPTION:Event Description\nAccounting for and auditing leases was always a challenging task. Adding the implementation of the lease accounting guidance in ASC 842\, Leases\, will undoubtedly add that much more complexity to this audit area.In this module\, we will review the new lease accounting model for lessees\, compare and contrast the new model with the existing guidance in ASC 840\, and review in detail the key considerations in accounting for operating leases under ASC 842 and the other new guidance in the standard.Then\, we’ll review common audit procedures related to auditing the lease liability and the related Right-of-Use asset\, including reviewing the enhanced lease disclosure requirements under ASC 842 and review common audit procedures to perform over the cumulative effect adjustment which entities must record when they adopt ASC 842. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 3.) \nDesigned For\nAccountants new to the profession or new to auditing \nObjectives\n\nComprehend and apply the;FASB’s comprehensive new lease accounting guidance found in ASU No. 2016-02\,;Leases (Topic 842)\n Auditing considerations related to ASC 842 transition and subsequent accounting\n\nMajor Subjects\nASU No. 2016-02\, Leases (Topic 842) Overall lease accounting guidance for both lessees and lessors Detailed review of accounting by lessees Transition guidance Other operational issues Control and risk considerations related to auditing leases Common audit procedures related to auditing leases and the adoption of ASC 842 \nInstructions\nNone URL:https://sc.cpa/event/ssaa120-27-surgents-accounting-for-and-auditing-leases/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004608Z CREATED:20260807T004608Z LAST-MODIFIED:20260807T004608Z UID:10006730-1814356800-1814356800@sc.cpa SUMMARY:(SSTX142/27) Surgent's Exploring Client Advisory Services: Tax Due Dates and Penalties/Where Do I Need To File? DESCRIPTION:Event Description\nThis course provides essential knowledge for Client Advisory Services (CAS) professionals navigating multistate taxation and managing tax deadlines. We’ll start by exploring the implications of the Wayfair decision\, focusing on general rules for sales and income tax nexus across states. You’ll learn what to look for in state statutes and gain a solid foundation for filing requirements. Additionally\, we’ll cover key tax due dates\, how to handle missed deadlines\, and potential relief options. Whether you’re new to the field or running your own practice\, this course will equip you with the tools to succeed. \nDesigned For\nAccounting and finance professionals who work with business owners on multistate tax issues\, small business owners working in multiple states\, and other accountants looking to serve their companies or clients in the areas of payroll services or operations \nObjectives\n\nIdentify key tax due dates by entity type\n Recognize how late filing\, late payment\, and other common penalties are calculated\n Recall common information return due dates and applicable penalties\n State first time abatement relief qualifications and other common remedies\n State what the term nexus means and how it differs for sales tax and income tax reporting obligations\n Recognize economic nexus and when it applies\n Identify when a company has to file an income tax return or sales tax return\n\nMajor Subjects\nEstimated taxes and deadlines Tax due dates for common returns and filings Potential penalties and interest Information return penalties Penalties applicable to pass-through entities Accuracy-related penalties First-time abatement (FTA) FTA eligible returns Reasonable cause Nexus: sales tax vs. income tax Sales tax nexus with state specific examples Remote work and sales tax nexus Income tax nexus with state-specific examples Remote work and income tax nexus Sales factor: throwback rules \nInstructions\nNone URL:https://sc.cpa/event/sstx142-27-surgents-exploring-client-advisory-services-tax-due-dates-and-penalties-where-do-i-need-to-file/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004611Z CREATED:20260807T004611Z LAST-MODIFIED:20260807T004611Z UID:10006731-1814356800-1814356800@sc.cpa SUMMARY:(SSTE138/27) Surgent's Power Query Series: More Transformations and Load Options DESCRIPTION:Event Description\nPower Query (Excel version) offers a wide range of transformation options. This course uses hands-on exercises to explore the data transformation process\, focusing on data cleaning and data enrichment. In addition\, this course explains query loading options and processes. 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 sixth 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\n\nUnderstand loading options in Power Query\n Apply the data transformation process in Power Query\n\nMajor Subjects\nWorkflow of the data transformation for a general ledger with sub-accounts Loading a query Loading options for a query Changing the load destination of a query Hands-on examples: flattening a general ledger with sub-accounts; making a connection to the data source; reviewing and documenting the steps created by Power Query \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste138-27-surgents-power-query-series-more-transformations-and-load-options/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T004613Z CREATED:20260807T004613Z LAST-MODIFIED:20260807T004613Z UID:10006732-1814356800-1814356800@sc.cpa SUMMARY:(SSTX200/27) Surgent's Max the Tax: Section 754 DESCRIPTION:Event Description\nTwo firms need expert help with Section 754\, and game participants are just the right people to assist. First\, partners at LMN\, LLP are considering electing Section 754. They need to understand key aspects of the process and want to ensure the best outcome to their basis in partnership property and interest. Participants must then leverage their knowledge and calculate the adjusted basis balance sheet for another firm that already elected Section 754. \nDesigned For\nAccounting professionals needing foundational information related to Section 754 \nObjectives\n\nDetermine the amount of a Section 754 basis step-up; \n Know how to allocate the basis step-up to the partnership’s assets; \n Know how a partnership makes a Section 754 election and reports it to the IRS\n\nMajor Subjects\nHow and why a partnership makes a 754 election; The effect of the 754 election when an interest in a partnership is sold or inherited; How the 754 election applies when a partnership makes a distribution of property to one or more of its partners; How to make the 754 basis adjustment \nInstructions\nNone URL:https://sc.cpa/event/sstx200-27-surgents-max-the-tax-section-754/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005133Z CREATED:20260807T005133Z LAST-MODIFIED:20260807T005133Z UID:10006735-1814356800-1814356800@sc.cpa SUMMARY:(SSTX100/27) Surgent's Fiduciary Income Tax Returns – Form 1041 Workshop with Filled-in Forms DESCRIPTION:Event Description\nThis course is designed as a comprehensive guide to the core concepts of trust and estate income tax preparation. The course explains the common terminology and complicated income tax rules of estates and trusts\, fiduciary accounting\, and an introduction to or refresher on preparing Form 1041. This practical\, over 300-page manual is an excellent reference source for your practice\, which begins with quite simple cases. Building upon that base throughout the manual\, the course ends with two complicated preparation cases\, one trust and one estate\, each with filled-in forms. \nDesigned For\nAccounting and Financial Professionals whose practice includes the preparation of fiduciary income tax returns \nObjectives\n\nBe aware of fiduciary accounting principles\n Calculate Distributable Net Income and the income distribution deduction \n Prepare Form 1041 and Schedule K-1 \n\nMajor Subjects\nClassifying receipts between income and corpus under the Uniform Principal and Income Act Calculation of DNI utilizing three different methods\, a forms method (Schedule B)\, a code method\, and a shortcut method\, utilizing a worksheet of common income and expenses Proper W-2 preparation and procedures in the year of death Taxpayer passes before taking a required minimum distribution; what must be done?; Forgetful fiduciaries of simple trusts Fluctuating trusts – Simple one year\, complex the next Dividing income in the year of death Overview of Subchapter J Form preparation issues – Filing requirements and line-by-line explanations of Form 1041 Taxable income of estates and trusts and expense allocation issues Specific deductions and miscellaneous itemized deductions Income in respect of a decedent The income distribution deduction calculation Relation of principal and income law to DNI Understanding how to handle capital gains and losses Allocating tax items to beneficiaries: another K-1 Other considerations: excess deductions on termination Comprehensive DNI case study\, with principal (cost and FMV) and income reconciliation Comprehensive trust and estate case studies\, with filled-in forms \nInstructions\nNone URL:https://sc.cpa/event/sstx100-27-surgents-fiduciary-income-tax-returns-form-1041-workshop-with-filled-in-forms/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005213Z CREATED:20260807T005213Z LAST-MODIFIED:20260807T005213Z UID:10006736-1814356800-1814356800@sc.cpa SUMMARY:(SSTX282/27) Surgent's Guide to Understanding the At-Risk Basis Rules and Forms 6198 and 7203 DESCRIPTION:Event Description\nMany tax clients with losses from their S corporations\, partnerships\, and multiple-member LLCs treated as partnerships will want to use these losses to offset their other income from other sources. This program explains when\, why\, and how the at-risk rules apply to allow or to prevent the owner of a pass-through entity from taking a loss from a pass-through entity and using it to offset other income. This program is extremely helpful for anyone with pass-through entity clients. \nDesigned For\nAny tax practitioner wishing to understand the at-risk rules and how they apply to losses allocated to the owners of pass-through entities \nObjectives\n\nUnderstand how a client determines his or her at-risk basis in his or her pass through entity\n Understand how the at-risk basis calculation differs from a regular basis calculation \n Calculate the amount of an investor’s annual at-risk basis \n Understand the structure of IRS Form 6198 and how it relates to calculating a taxpayer’s at-risk basis\n\nMajor Subjects\nBasis and at-risk basis How to calculate the amount of annual at-risk basis Forms 6198 and 7203 When activities may be aggregated for at-risk purposes Qualified nonrecourse financing \nInstructions\nNone URL:https://sc.cpa/event/sstx282-27-surgents-guide-to-understanding-the-at-risk-basis-rules-and-forms-6198-and-7203/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005224Z CREATED:20260807T005223Z LAST-MODIFIED:20260807T005224Z UID:10006737-1814356800-1814356800@sc.cpa SUMMARY:(SSTX204/27) Surgent's Navigating Your Client Through the IRS Appeals Process DESCRIPTION:Event Description\nDespite the fact that a client’s tax matter may be taken directly to court\, utilizing the IRS Independent Office of Appeals usually results in saving your client both time and money. Join us as we discuss the misunderstood process of navigating through the complex IRS Appeals. \nDesigned For\nAccounting and Financial Professionals who wish to represent clients with a tax matter in disagreement \nObjectives\n\nRecognize how to craft the appeal protest to best effect the desired findings for your client\n Identify strategies regarding in-person\, correspondence\, or phone conferences with IRS Appeals\n Utilize IRS Appeals\, the only level of appeal within the IRS\, to avoid costly\, contentious\, and time-consuming court trials\n Understand how to prepare and submit a Tax Court petition\n\nMajor Subjects\nPreparing a valid Appeals Protest for small case requests when tax\, penalties\, and interest for each period are $25\,000 or less Writing and filing a Formal Protest\, including required information Alternative Dispute Resolution options available to clients Negotiation and time limitations Preparing and submitting a Tax Court petition to preserve a client’s rights \nInstructions\nNone URL:https://sc.cpa/event/sstx204-27-surgents-navigating-your-client-through-the-irs-appeals-process/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005312Z CREATED:20260807T005312Z LAST-MODIFIED:20260807T005312Z UID:10006738-1814356800-1814356800@sc.cpa SUMMARY:(SSTX395/27) Surgent’s Weekly Expert Hour (Original Air Date: 1/15/26) 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 series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.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\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nABLE accounts Qualified disability expenses\, rollovers\, and program-to-program transfers Car loan interest deduction under OBBBA \nInstructions\nNone URL:https://sc.cpa/event/sstx395-27-surgents-weekly-expert-hour-original-air-date-1-15-26/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005318Z CREATED:20260807T005317Z LAST-MODIFIED:20260807T005318Z UID:10006741-1814356800-1814356800@sc.cpa SUMMARY:(SSTX223/27) Surgent's Understanding Partnership Taxation: Debt Allocations DESCRIPTION:Event Description\nHow debt is allocated to the partners in a partnership is important. It dictates how much money may be taken tax-free as a distribution\, the losses that flow down to the partners\, and the gain or loss on the sale of a partnership interest. However\, the allocation of debt can differ depending on the type of debt it is and the type of partner we are talking about. Furthermore\, 704(c) can complicate things. And what in the world is a constructive liquidation scenario? In this course\, we will tackle the concept of debt allocations – how you do it\, what it means\, and why you do it. \nDesigned For\nTax practitioners who are looking to improve their knowledge of debt allocations and how they affect a partner’s tax basis \nObjectives\n\nState how debt allocations affect the calculation of a partner’s basis in the partnership\n Recognize how recourse and nonrecourse debt are allocated to partners\n Identify the tax effects of 704(c) on contributed property\n\nMajor Subjects\nRecourse debt allocations Constructive liquidation scenarios Nonrecourse debt allocations Minimum gains and nonrecourse deductions Section 704(c) gains Allocations under 704(c) \nInstructions\nNone URL:https://sc.cpa/event/sstx223-27-surgents-understanding-partnership-taxation-debt-allocations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005320Z CREATED:20260807T005319Z LAST-MODIFIED:20260807T005320Z UID:10006742-1814356800-1814356800@sc.cpa SUMMARY:(SSTX259/27) Surgent's Advanced Individual Income Tax Return Issues DESCRIPTION:Event Description\nMost accounting and financial professionals have been preparing individual income tax returns for years\, and while many of the returns are easy\, there are always a number of issues that come up in busy season of which experienced practitioners wish they had more knowledge. This course is designed to explore the tough tax issues for experienced practitioners and help them provide better planning strategies and results for their higher income clients. \nDesigned For\nExperienced Accounting and Financial Professionals who want and need an in-depth knowledge of the most difficult individual-income-tax-return issues \nObjectives\n\nUnderstand the basics of Section 199A\n Understand how to properly report advanced transactions in financial instruments and investments\n Understand the special problems and new issues for the current return\n Identify the causes of alternative minimum tax liability and what can be done to reduce or eliminate it\n\nMajor Subjects\nNew issues for the current year tax return and Section 199A Installment sales – understanding the complicated issues Form 8582: Passive losses with carryovers – Complicated case with filled-in forms Puts\, calls\, straddling\, and unusual investments – Understanding the tax laws and reporting them correctly on the tax return Capital gain and loss issues – The problem with proper reporting of installment sales issues; capital gains and losses; when is a stock worthless; and much more… At-risk rules: What a return preparer really needs to know Passive loss issues – You cannot just trust your software. What to watch out for and the questions you need your clients to answer in order to do it right! Incentive and nonqualified stock options – reporting key strategies for planning; dealing with the alternative minimum tax Alternative minimum tax – Understanding it; planning strategies to avoid it; using the minimum tax credit; explaining it to a client Form 6251: Detailed calculation example \nInstructions\nNone URL:https://sc.cpa/event/sstx259-27-surgents-advanced-individual-income-tax-return-issues/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005417Z CREATED:20260807T005416Z LAST-MODIFIED:20260807T005417Z UID:10006745-1814356800-1814356800@sc.cpa SUMMARY:(SSTX245/27) Surgent's How to Settle a Client's Estate DESCRIPTION:Event Description\nFederal estate and gift taxes currently affect few clients\, but there are many other issues involved in settling an estate or administering a trust. Clients who are beneficiaries of a trust or estate often turn to their financial advisors to understand the administrative process and its effect on their interests. This course enables the accountant to cut through the jargon to understand the legal concepts\, communicate a real-world explanation to clients\, and serve\, in some instances\, as an advisor to them. After taking this course\, practitioners will feel more confident to serve in a fiduciary capacity. Updated for developments relative to estate taxation. \nDesigned For\nAccounting and Financial Professionals who wish to assist in settlement of an estate\, regardless of size \nObjectives\n\nUnderstand how creditors’ claims impact a beneficiary’s claims\n Understand the key provisions in a will or trust\n Understand the duties of an executor or trustee in relation to beneficiaries and other third parties\n Identify trusts\, wills\, and other documents encountered\, & their uses\n Understand the stages of an estate administration including costs\, collections\, payment of debts/taxes\, & distribution to beneficiaries\n Be aware of the duties a fiduciary and members of the estate planning team owe to creditors\, beneficiaries\, and the courts\n\nMajor Subjects\nIssues involved when settling an estate – marshaling of assets\, payment of creditors\, and distribution and accounting to beneficiaries Explaining the needs and limitations of durable powers of attorney\, health care directives\, and living wills Why a will is probated\, and on what grounds it may be challenged Comprehensive checklists on how to read a will\, duties of an executor and trustee\, and much more Identification and report of estate assets What to do and what not to do as a fiduciary\, executor\, or trustee – duty of care\, investment\, informing\, payment of debts and taxes\, & defending a will contest How executors and trustees interact with beneficiaries Elective shares\, and when a spouse might make that choice What a trustee needs to know about incompetents and minors Rights of creditors\, third parties\, and beneficiaries Key issues in transferring property to a trust and from a trust or estate to a beneficiary Identifying income\, estate\, and inheritance taxes Fiduciary accounting – principal and income concepts An introduction to drafting an account\, and why it is relevant Administration of revocable trusts Estate basis reporting \nInstructions\nNone URL:https://sc.cpa/event/sstx245-27-surgents-how-to-settle-a-clients-estate/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005517Z CREATED:20260807T005517Z LAST-MODIFIED:20260807T005517Z UID:10006746-1814356800-1814356800@sc.cpa SUMMARY:(SSTX375/27) Surgent’s Weekly Expert Hour (Original Air Date: 7/3/25) 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 series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients.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\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nComparison between Senate and House versions of the OBBB Act Expectation of TCJA provisions extension Discussion of provisions including the qualified business income deduction\, 529 account expenses\, and asset expensing \nInstructions\nNone URL:https://sc.cpa/event/sstx375-27-surgents-weekly-expert-hour-original-air-date-7-3-25/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005521Z CREATED:20260807T005521Z LAST-MODIFIED:20260807T005521Z UID:10006747-1814356800-1814356800@sc.cpa SUMMARY:(SSTX323/27) Surgent’s Weekly Expert Hour (Original Air Date: 5/12/22) 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\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nIRS Letter 6419 Excess business losses refresher Schedules K-2 and K-3 \nInstructions\nNone URL:https://sc.cpa/event/sstx323-27-surgents-weekly-expert-hour-original-air-date-5-12-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005618Z CREATED:20260807T005618Z LAST-MODIFIED:20260807T005618Z UID:10006748-1814356800-1814356800@sc.cpa SUMMARY:(SSTX135/27) Surgent's Choosing the Right Business Entity DESCRIPTION:Event Description\nThe business structure a client chooses influences virtually every tax and financial issue associated with the business\, including the business’s day-to-day operations\, its tax liability\, how much of the owners’ personal assets are at risk\, and much more. For this and many other reasons\, it is critical that a client choose a business structure that gives the right balance of legal protections and tax benefits.From a tax perspective\, in terms of selecting an entity to do business in\, the universe shifted with the Tax Cuts and Jobs Act enacted at the end of 2017. The tax rate for C corporations was lowered to 21% and the S199A deduction offered pass-through entities the chance to significantly lower the rate at which they are taxed. But how do all these options work and which option is best for which business? Those questions are at the heart of this webinar. In this program\, we discuss whether there is a “best entity” for our clients. Accounting and finance professionals know that re-examining choice of entity determination is at the top of the agenda for client meetings because clients continue to want reassurance that they have the most tax-efficient entity structure. This program will equip you with the knowledge and insights you need to lead those discussions. \nDesigned For\nAccounting and finance professionals seeking to understand the issues that impact choice-of-entity determinations \nObjectives\n\nHelp clients choose the tax entity that is most advantageous to them\n\nMajor Subjects\nWhy businesses operate as C corporations Why businesses operate as pass-through entities Adopting C corporation status Why businesses choose S corporation status. Tax and business situations that impact entity selection. \nInstructions\nNone URL:https://sc.cpa/event/sstx135-27-surgents-choosing-the-right-business-entity/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T005704Z CREATED:20260807T005704Z LAST-MODIFIED:20260807T005704Z UID:10006750-1814356800-1814356800@sc.cpa SUMMARY:(SSAA279/27) Surgent's U.S. GAAP vs. IFRS - Rev Rec & Business Combinations DESCRIPTION:Event Description\nThis course provides an overview of the similarities and key differences between the revenue recognition and business combination standards issued by the FASB and IASB. While these standards are similar in many material respects\, there are notable differences that are good to understand. However\, this course is not intended to provide an exhaustive discussion of these differences. \nDesigned For\nAccounting professionals \nObjectives\n\nList the key steps in the revenue recognition model\n Recognize the applicable U.S. GAAP and IFRS standard with respect to revenue recognition\n Identify some of the key differences between ASC Topic 606 and IFRS 15\n List the key steps in the acquisition method for business combinations\n Recognize the applicable U.S. GAAP and IFRS standard with respect to business combinations\n Identify some of the key differences between ASC Topic 805 and IFRS 3\n\nMajor Subjects\nDetermining the acquisition date Recognizing and measuring the identifiable assets acquired\, the liabilities assumed\, and any noncontrolling interest in the acquiree Acquisition of contingencies Noncontrolling interests Recognizing and measuring goodwill or gain from a bargain purchase Measurement period adjustments Performance obligations in the Contract Noncash considerations Presentation of sales taxes Impairment reversal of capitalized contract costs Interim disclosures \nInstructions\nNone URL:https://sc.cpa/event/ssaa279-27-surgents-u-s-gaap-vs-ifrs-rev-rec-business-combinations/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR