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: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 BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210112Z LAST-MODIFIED:20250606T043425Z UID:10005250-1782820800-1782820800@sc.cpa SUMMARY:(SSOT434/26) Surgent's Recent Changes in Workplace Regulations: Overtime\, Non-compete Agreements\, and Employee/Independent Contractor DESCRIPTION:Event Description\nThis program covers three topics: the Department of Labor’s changes in overtime rules\, the Federal Trade Commission’s ban on most non-compete agreements\, and the Department of Labor’s new rules relating to differentiating between employees and independent contractors under the Fair Labor Standards Act (FLSA). Understanding these new changes will allow accounting and finance professionals to discuss these important business law changes with their clients. \nDesigned For\nAccounting and finance professionals seeking to understand the latest in workplace regulations \nObjectives\nUnderstand the latest in workplace regulations for both you and your clients Effectively advise clients regarding the new workplace regulations \nMajor Subjects\nFinal Rule – Employee or Independent Contractor Classification Under the FLSA: the multifactor economic reality test; What analysis guides whether a worker is an employee or independent contractor under this final rule? Can a worker voluntarily waive employee status and choose to be classified as an independent contractor? Are any of the economic reality factors adopted in this rule more important than others when evaluating a worker’s employment status? How does the final rule explain extent to which the work performed is an integral part of the employer’s business? The Federal Trade Commission’s Decision on Non-compete Agreements: impact on new and existing non-competes; treatment and definitional terms for senior executives; definition of a non-compete clause; definition of a worker New Overtime Rules: exemptions from minimum wage and overtime pay requirements for executive\, administrative\, professional\, outside sales\, and computer employees; increases in the standard level and the highly compensated employee total annual compensation threshold; new mechanism allowing for the timely and efficient updating of the salary and compensation thresholds \nInstructions\nNone URL:https://sc.cpa/event/ssot434-26-surgents-recent-changes-in-workplace-regulations-overtime-non-compete-agreements-and-employee-independent-contractor/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210113Z LAST-MODIFIED:20250606T045110Z UID:10005251-1782820800-1782820800@sc.cpa SUMMARY:(SSOT417/26) Surgent's Coaching Skills for Managers and Supervisors DESCRIPTION:Event Description\nThis one-day course will teach effective skills for coaching and training employees. You’ll learn how to identify the characteristics of effective coaches and develop coaching strategies to support and assist your team\, with the goal of helping them improve morale\, productivity and quality. And\, you’ll learn a five-step approach for giving constructive criticism while managing defensive reactions. \nDesigned For\nEmployees identified for advancement\, team leads\, supervisors\, and managers \nObjectives\nIdentify effective coaches and develop coaching strategies to support your team Give constructive criticism while managing defensive reactions \nMajor Subjects\nThe definition of coaching and the coaching process Characteristics of effective coaches Coaching strategies to support and assist others as they change ineffective behaviors Conducting one-on-one coaching sessions for setting goals and improving performance \nInstructions\nNone URL:https://sc.cpa/event/ssot417-26-surgents-coaching-skills-for-managers-and-supervisors/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210115Z LAST-MODIFIED:20250606T043427Z UID:10005252-1782820800-1782820800@sc.cpa SUMMARY:(SSTX595/26) Surgent's Weekly Expert Hour (Original Air Date: 7/22/21) 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\nPre-COVID trends in Social Security claiming Roth IRAs and businesses Tax Pro Account Update on the Child Credit (as of 7/22/21) \nInstructions\nNone URL:https://sc.cpa/event/sstx595-26-surgents-weekly-expert-hour-original-air-date-7-22-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210117Z LAST-MODIFIED:20250606T045111Z UID:10005253-1782820800-1782820800@sc.cpa SUMMARY:(SSTE444/26) Surgent's Power Query Series: Data Transformations DESCRIPTION:Event Description\nThis course teaches the user how to perform data transformations in Power Query\, using a hands-on approach. 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 fourth 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 all transformations available in Power Query to turn messy data into a table format to enable data modeling Understand how to perform data transformations using a hands-on example \nMajor Subjects\nWorkflow of a data transformation\, including data cleaning\, data enrichment\, and data shaping How to perform data transformations Hands-on example: flattening a general ledger \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste444-26-surgents-power-query-series-data-transformations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210118Z LAST-MODIFIED:20250606T043428Z UID:10005254-1782820800-1782820800@sc.cpa SUMMARY:(SSTX531/26) Surgent's Top 20 Effective Strategies for Avoiding RMD Mistakes and Penalties: Updated for the NEW Proposed RMD Regulations DESCRIPTION:Event Description\nRequired minimum distributions (RMD) must begin for the year in which the account owner reaches age 72 unless an exception applies. RMDs must also be taken from inherited accounts\, and the process for determining RMDs for these accounts is more complex than those that apply to RMDs for non-inherited accounts. Failure to comply with the RMD rules will result in the account owner owing the IRS a 50% excess accumulation penalty on any RMD shortfall. Interested parties must understand the compliance requirements that apply to RMDs to be able to assist in ensuring that penalties are avoided. \nDesigned For\nAll practitioners advising clients on these complex issues \nObjectives\nDefine an RMD so that clients know the minimum amounts to distribute Calculate RMDs and make adjustments when IRA custodians fail to Identify the individuals and accounts that are subject to the RMD rules Identify the RMD mistakes that can occur\, how to avoid such mistakes\, and how to correct them where possible How to get automatic waivers for the 50% excess accumulation penalty \nMajor Subjects\nCoverage of applicable provisions of SECURE Act 2.0 What is a required minimum distribution for an account owner? What is a required minimum distribution for a beneficiary IRA? Key explanations of RMD regulations The types of accounts that are subject to the required minimum distribution rules The parties that are subject to the required minimum distribution rules Exceptions and special considerations for required minimum distributions Rollover and transfer rules in an RMD year The various responsibilities for interested parties Qualified charitable distributions and how they are coordinated with RMDs and IRA contributions How the 10-year rule works for certain beneficiaries \nInstructions\nNone URL:https://sc.cpa/event/sstx531-26-surgents-top-20-effective-strategies-for-avoiding-rmd-mistakes-and-penalties-updated-for-the-new-proposed-rmd-regulations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210119Z LAST-MODIFIED:20250606T045113Z UID:10005255-1782820800-1782820800@sc.cpa SUMMARY:(SSTX421/26) The Best S Corporation\, Limited Liability\, and Partnership Update Course by Surgent DESCRIPTION:Event Description\nThis year practitioners need to keep abreast of tax changes affecting pass-through entities used by their business clients and employers\, and this enlightening course delivers that information. You will learn invaluable strategies\, techniques\, innovative tax-planning concepts\, income-generating ideas\, and other planning opportunities available to S corporations\, partnerships\, LLCs\, and LLPs. In addition\, this course will discuss current trends and emerging issues\, helping practitioners stay informed about relevant and significant topics that may impact their clients. Continually updated to reflect enacted legislation. \nDesigned For\nAll tax practitioners\, both those working in public accounting as well as those in private industry\, who need the latest information on tax changes affecting their business clients or employers \nObjectives\nUnderstand the major issues on which taxpayers and the IRS are in conflict Understand recent IRS guidance and legislation impacting pass-through entities \nMajor Subjects\nCongressional Budget Reconciliation Process – explore how this powerful legislative tool allows Congress to fast track tax law changes and how it could be used to enact significant tax reforms in the current political climate President Trump’s tax proposals – review key components of President Trump’s tax agenda\, including a tip income exemption\, overtime pay relief\, Social Security tax exemption\, auto loan interest deductibility\, SALT deduction modifications\, a lower corporate tax rate\, restoration of 100% bonus depreciation\, immediate R&D expensing\, and permanent extension of select TCJA provisions Potential expiration of select TCJA provisions – understand the implications for taxpayers as key provisions of the TCJA approach sunset dates Tariff policy and implementation – analyze the use of tariffs as a fiscal and trade policy tool Principles and considerations for nonresident withholding\, composite payments\, and passthrough entity taxes Partnership Distributions\, Form 7217\, and S Corporation Redemptions Thinking beyond Section 163(j) — Interest Allocation Rules\, Original Issue Discount\, Applicable High Yield Discount Obligations\, Convertible Corporate Debt Instruments\, and Debt-Financed Distributions Timely coverage of breaking tax legislation Selected Practice and Reporting Issues: What’s new? A review of recent cases and tax law changes and IRS guidance affecting S corporations\, partnerships\, limited liability companies\, and limited liability partnerships Form 1099-K reporting requirements Bonus depreciation Section 174 Research & Experimental Expenditures — guidance under Notice 2023-63 and Notice 2024-12 Decentralized Autonomous Organizations (DAOs) \nInstructions\nNone URL:https://sc.cpa/event/sstx421-26-the-best-s-corporation-limited-liability-and-partnership-update-course-by-surgent/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210122Z LAST-MODIFIED:20250606T045115Z UID:10005257-1782820800-1782820800@sc.cpa SUMMARY:(SSTX483/26) Surgent's International Tax Challenges and Opportunities for U.S. Filers DESCRIPTION:Event Description\nGlobalization continues to make it easier for taxpayers to live abroad\, do business in other countries\, or invest in foreign enterprises. This creates significant complications and tax planning opportunities when it comes to filing U.S. tax returns. This course provides an overview of the unique tax challenges and solutions presented to U.S. expats or investors living or investing abroad. It examines how foreign-source income is taxed in the U.S. and how the tax consequences could be mitigated by applying the tax treaties\, claiming credit for foreign taxes paid\, or excluding foreign-earned income. Additionally\, the course discusses the numerous foreign informational form reporting requirements and the significant penalties that could be imposed by the IRS. Examples from real-life client scenarios are included. \nDesigned For\nAccounting and finance professionals who advise clients with foreign income \nObjectives\nAdvise clients on unique tax issues faced by U.S. residents living\, doing business\, or investing abroad Understand how foreign-source income is taxed in the U.S. Advise clients on key tax-saving opportunities available \nMajor Subjects\nResidency status for U.S. federal income tax purposes Key provisions of U.S. income tax treaties Overview of the taxation of income from foreign entities Understanding Foreign Tax Credit Identifying foreign-source and U.S.-source income Foreign earned income and housing exclusion Foreign informational form filing requirements \nInstructions\nNone URL:https://sc.cpa/event/sstx483-26-surgents-international-tax-challenges-and-opportunities-for-u-s-filers/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210123Z LAST-MODIFIED:20250606T043507Z UID:10005258-1782820800-1782820800@sc.cpa SUMMARY:(SSTX636/26) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nIRS Letter 6419 Excess business losses refresher Schedules K-2 and K-3 \nInstructions\nNone URL:https://sc.cpa/event/sstx636-26-surgents-weekly-expert-hour-original-air-date-5-12-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210124Z LAST-MODIFIED:20250606T045116Z UID:10005259-1782820800-1782820800@sc.cpa SUMMARY:(SSTX460/26) Surgent's A Guide to Gig Economy Tax Issues DESCRIPTION:Event Description\nThe IRS defines the “gig economy” as people earning income providing on-demand work\, services\, or goods on either a part-time or full-time basis. The economic times we live in are changing and tax practitioners must learn how the rules apply in this new gig economy. The tax rules that apply to gig workers challenge traditional ideas of who is an employee and who is an independent contractor\, and tax practitioners must have the knowledge to make this determination. This program addresses federal and state tax issues tax practitioners must address with clients and their own workers. \nDesigned For\nTax practitioners advising clients who are participating in any aspect of the gig economy \nObjectives\nUnderstand and advise clients regarding the new tax issues that have arisen as a result of the growth of the gig economy \nMajor Subjects\nCharacteristics of a gig economy Who is an employee and who is an independent contractor? Form 1099-NEC and reporting of non-employee compensation Reporting on Form 1099-K Gig workers and the requirement to pay self-employment tax throughout the year State tax implications of remote work for the business owner and workers How remote work creates state tax nexus Tax implications of employee telecommuting for the employer The convenience of the employer rule Drivers of both people and of meals or other products Section 199A deduction Implications of the Vizcaino case \nInstructions\nNone URL:https://sc.cpa/event/sstx460-26-surgents-a-guide-to-gig-economy-tax-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210126Z LAST-MODIFIED:20250606T043508Z UID:10005260-1782820800-1782820800@sc.cpa SUMMARY:(SSAA602/26) Surgent's Update on Recent AICPA Standard Setting: Staying Current in a Changing Environment DESCRIPTION:Event Description\nProfessional standards are changing with the times and the desire of the AICPA to move the profession into a new era where use of technology will play a key role in an audit and professional skepticism\, independence\, and quality are emphasized. We are seeing changes already as the AICPA has issued 15 new standards since 2019. This program will discuss SASs 134 through 149. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to stay current on AICPA professional standards \nObjectives\nIdentify and understand the requirements of recently issued SASs and SSARS Develop implementation tips and best practices related to these new standards Implement best practices for enhancing engagement quality \nMajor Subjects\nAICPA hot topics and standard setting initiatives Discussion of suite of nine integrated SASs effective for years ended December 31\, 2021 Discussion of the standard on audit evidence effective for years ended December 31\, 2022 Discussion of the standard on auditing accounting estimates and disclosures effective as of December 31\, 2023 Discussion of the two standards on use of specialists and information from a pricing service\, and the newly updated risk assessment standard effective for years ended December 31\, 2023 Discussion of standards that are effective beginning in 2025\, including those dealing with client acceptance and questions asked of the predecessor auditor\, the partner’s responsibility for engagement quality\, group audits\, conforming changes to compliance auditing\, and more \nInstructions\nNone URL:https://sc.cpa/event/ssaa602-26-surgents-update-on-recent-aicpa-standard-setting-staying-current-in-a-changing-environment/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210127Z LAST-MODIFIED:20250606T045118Z UID:10005261-1782820800-1782820800@sc.cpa SUMMARY:(SSAA474/26) Surgent's Controllership Skills Update - Budgeting\, Forecasting\, and Big Data DESCRIPTION:Event Description\nBudgets are the vehicle for allocating resources\, measuring activities\, and identifying needed changes and improvements. An organization’s strategy is the primary driver of costs. To be effective\, the budget must be linked to strategy and long-term plans. Numerous organizations have achieved a series of short-term targets (budgets) but failed longer term\, demonstrating the lack of this necessary linkage. Forecasting\, a critical part of any successful budgeting process\, can be flawed by technical errors\, organizational structure\, or emotional forces. The establishment of a system to collect\, process\, and analyze big data can provide significant insights into the budgeting and forecasting process. An efficient system of incorporating big data and analytics into normal activities will improve management’s decision-making. This brief program offers specific actions to improve your forecasting and budgeting activities. In addition\, more advanced techniques are identified for the participant’s further review\, which can be applied throughout an organization. Good budgets effectively allocate resources\, provide information for decision-making and serve as an early warning system for unforeseen events. A poor budgeting process fosters a false sense of security\, provides inappropriate or inaccurate data\, and reinforces the status quo. Budgets are about the organization’s story\, not just the raw numbers! \nDesigned For\nPublic\, private and non-profit organizations and their members – CFOs\, CEOs\, controllers\, auditors\, and managers \nObjectives\nUnderstand all facets of the budgeting process Provide techniques to improve forecasting Demonstrate how a budget can be a vital tool for overall long-term improvement Identify immediate actions that can result in measurable benefits to an organization Understand management\, uses\, and potential benefits of big data Employ techniques for further research \nMajor Subjects\nWhy forecasts and budgets are frequently wrong: behavioral finance; improper goal setting\, games\, continuing the status quo\, traditional budgeting techniques Incorporating strategy into budgets: improving measurement systems; common errors\, developing strategies and appropriate measurements Expanding the budgeting framework: rolling forecasts; mission-based budgeting\, zero-based budgeting\, post-completion evaluations\, contingency planning\, black swan events\, identifying improvements Big data: definition\, challenges\, goals\, current uses/examples\, sources of information Analytical tools: ration analysis\, benchmarking\, Pareto analysis\, trend analysis\, regression\, simulation\, dashboards \nInstructions\nNone URL:https://sc.cpa/event/ssaa474-26-surgents-controllership-skills-update-budgeting-forecasting-and-big-data/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210129Z LAST-MODIFIED:20250606T043509Z UID:10005262-1782820800-1782820800@sc.cpa SUMMARY:(SSTX537/26) Surgent's Understanding S Corporation Taxation: Late S Corporation Elections\, Disproportionate Distributions\, and Selling Shares DESCRIPTION:Event Description\nS corporation taxation has a lot of pieces. There are helpful elections you can make that can potentially save your client money\, but there are also rigid rules to adhere to. For example\, if there is more than one class of stock\, it can terminate the S corporation election. Learning how to successfully navigate these rules can make all the difference. In this course\, we will discuss some of the more common specialty areas experienced by practitioners – late filing relief for S corporation elections\, disproportionate distributions\, and selling S corporation shares. While these items may not come up on every single Form 1120-S\, you will be able to add more value to clients when they do. \nDesigned For\nTax and financial advisors with clients who have formed S corporations \nObjectives\nRecall the rules for a late S corporation election Identify the tax implications of an S corporation making disproportionate distributions to S corporation shareholders Recognize the tax rate applicable to the sale of S corporation shares \nMajor Subjects\nMaking an S corporation election and late filing relief Disproportionate distributions Selling S corporation shares Redemption rules \nInstructions\nNone URL:https://sc.cpa/event/sstx537-26-surgents-understanding-s-corporation-taxation-late-s-corporation-elections-disproportionate-distributions-and-selling-shares/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210130Z LAST-MODIFIED:20250606T045120Z UID:10005263-1782820800-1782820800@sc.cpa SUMMARY:(SSTX672/26) Surgent's Weekly Expert Hour (Original Air Date: 10/31/24) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nIncome-drive repayment methods Payroll research and development tax credit IRS tax inflation adjustments for tax year 2025 \nInstructions\nNone URL:https://sc.cpa/event/sstx672-26-surgents-weekly-expert-hour-original-air-date-10-31-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210132Z LAST-MODIFIED:20250606T043510Z UID:10005264-1782820800-1782820800@sc.cpa SUMMARY:(SSTE421/26) Surgent's Data Security: Best Practices to Protect Your Business and Yourself DESCRIPTION:Event Description\nData security is a front-of-mind topic for most businesses because the risk and cost statistics are sobering. Each of us is in the crosshairs because a typical internet-connected computer faces a cyberattack every 39 seconds. Businesses of all sizes should be cognizant of the ethical issues that must be considered when planning their approach to privacy and data security. In this webinar\, we will explore both the risks we have traditionally faced in the workplace personally\, as well as the novel set of data privacy threats and compliance challenge issues employers face with a remote and mobile workforce. \nDesigned For\nAnyone responsible for designing or implementing data security policies for their company or firm or anyone who wants to better understand the current data privacy threats for individuals and businesses \nObjectives\nPlan an effective approach to privacy and data security in the workplace as well as for the remote workforce Explain common data privacy risks and threats faced today by both individuals and businesses \nMajor Subjects\nEthical duty to safeguard employee\, client\, and litigant data Common threats\, including phishing\, ransomware\, and bad password management Security management of business and personal electronic devices Best practices for creating and securing passwords Insight into how our personal information is exploited in our daily lives \nInstructions\nNone URL:https://sc.cpa/event/sste421-26-surgents-data-security-best-practices-to-protect-your-business-and-yourself/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210133Z LAST-MODIFIED:20250606T045121Z UID:10005265-1782820800-1782820800@sc.cpa SUMMARY:(SSTE449/26) Surgent's Power Query Series: Useful Transformations DESCRIPTION:Event Description\nThis course covers a number of useful transformations using Power Query (Excel version) to clean\, enrich\, and shape data. Coverage includes pivoting and unpivoting\, filtering and grouping\, fuzzy matching\, and more\, with hands-on exercises for users to practice these skills.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 ninth 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\nBe familiar with various useful transformations available in Power Query \nMajor Subjects\nData before and after transformation: unpivoting\, pivoting\, split to column by delimiter (by columns or rows) Filtering and grouping Fuzzy matching Hands-on examples \nInstructions\nSave all data sets provided to a central location on your computer URL:https://sc.cpa/event/sste449-26-surgents-power-query-series-useful-transformations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210134Z LAST-MODIFIED:20250606T043511Z UID:10005266-1782820800-1782820800@sc.cpa SUMMARY:(SSTX668/26) Surgent's Weekly Expert Hour (Original Air Date: 10/03/24) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nIR-2024-253: Hurricane Helene Disaster Relie; Discussion of Varian Medical Systems\, Inc. and Subsidiaries v. Commissioner court case IRS Form 7217 \nInstructions\nNone URL:https://sc.cpa/event/sstx668-26-surgents-weekly-expert-hour-original-air-date-10-03-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210135Z LAST-MODIFIED:20250606T045123Z UID:10005267-1782820800-1782820800@sc.cpa SUMMARY:(SSTX674/26) Surgent's Weekly Expert Hour (Original Air Date: 11/14/24) 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\nBe well informed on current topics impacting taxes\, finance\, and industry \nMajor Subjects\nSEPP (72(t)) payments Anticipated policy changes post-election HSA-qualified insurance policies and coverages \nInstructions\nNone URL:https://sc.cpa/event/sstx674-26-surgents-weekly-expert-hour-original-air-date-11-14-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210137Z LAST-MODIFIED:20250606T043512Z UID:10005268-1782820800-1782820800@sc.cpa SUMMARY:(SSMG422/26) Surgent's CFO/Controller's Roadmap to Success: Integrated Planning\, Forecasting\, and Budgeting DESCRIPTION:Event Description\nIs your organization changing as fast as society? If not\, what will happen to it? These are questions that must be asked\, and their answers will often lead to needed changes to the planning process. Many organizations spend huge amounts of money and effort at planning\, forecasting\, and budgeting and all too often the three disciplines are separated and not connected throughout the company. It appears that people who are doing the strategic planning aren’t talking with the people who are doing the budgeting or forecasting. Also\, there is a lack of uniform accountability throughout the organization.Recent economic and political changes have shown us that our planning process must be far nimbler and allow our organization to shift rapidly. This course is designed to completely integrate the planning process and show how it can move from long-range thinking\, through medium-term planning\, through the annual budget\, and to the monthly cash-flow forecast. This course will teach the participant how to avoid many political pitfalls that end up causing a lack of accountability and often cause the planning process to be demotivating for the staff. This isn’t just a strategic planning course or a budgeting course. It is a course that looks at the entire planning process from beginning to end and shows how much smoother it can be when it is an integrated process. While it is a technical course discussing many of the technical tricks and tips for producing a good plan\, it is also a management course in that it will discuss the political aspects of planning. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\nImplement an integrated approach to planning\, budgeting and forecasting for a more uniform process throughout the organization Avoid the political pitfalls that often come with the planning process and inhibit change Maximize the usefulness of the different plans developed for the organization Identify the differences between strategic and incremental planning Perform a financial risk analysis Perform an EVA analysis (PV\, ROI and Modified ROI) Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course \nMajor Subjects\nDifferences between planning and budgeting Building change into the planning process The business model Strategic plan\, marketing plan\, and technology plan Financial forecasting and financial risk analysis Five-year operating plan and the sales/income plan Intermediate planning and capital equipment planning One-year operating plan and monthly planning Cash plan and risk plan \nInstructions\nNone URL:https://sc.cpa/event/ssmg422-26-surgents-cfo-controllers-roadmap-to-success-integrated-planning-forecasting-and-budgeting/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210138Z LAST-MODIFIED:20250606T045125Z UID:10005269-1782820800-1782820800@sc.cpa SUMMARY:(SSTX488/26) Surgent's Taking Advantage of 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 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 a “like-kind exchange.” 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 1031 in order to defer recognizing gain on the sale of real property via a like-kind exchange \nMajor Subjects\nUnderstanding the history of IRC Sec 1031 Who does and does not qualify for utilizing the like-kind provisions Which properties do and do not qualify for like-kind exchanges The differences between a dealer and a non-dealer regarding like-kind exchanges How to complete a like-kind exchange The different types of like-kind exchanges The definition of boot and how it applies to like-kind exchanges Rules concerning Revenue Ruling 72-456\, and Form 8824 \nInstructions\nNone URL:https://sc.cpa/event/sstx488-26-surgents-taking-advantage-of-like-kind-exchanges/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210140Z LAST-MODIFIED:20250606T043512Z UID:10005270-1782820800-1782820800@sc.cpa SUMMARY:(SSTX478/26) 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 How to report an installment sale when related parties are involved How to calculate 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 How to calculate a like-kind exchange including any taxable portion How has the Tax Cuts and Jobs Act impacted the use of like-kind exchanges \nInstructions\nNone URL:https://sc.cpa/event/sstx478-26-surgents-taking-advantage-of-installment-sales-and-like-kind-exchanges/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210143Z LAST-MODIFIED:20250606T045204Z UID:10005271-1782820800-1782820800@sc.cpa SUMMARY:(SSOT445/26) Surgent's Current Developments and Best Practices for Today's CFOs and Controllers DESCRIPTION:Event Description\nIn today’s rapidly changing world\, finance professionals are required to wear many hats and are often the keys to the organization’s success. On one hand\, they need to be abreast of the latest proven financial skills for making the best decisions\, and on the other hand they need the best skills to motivate\, manage\, and lead people. Being pigeon-holed into one area or another is neither good for career building nor for the good of the organization. This course is designed to give the CFO and controller the skills needed to lead their organizations into the rapidly changing decade\, and also redesigned to concentrate on what we have learned from the pandemic. Another unique aspect of this course is its constant evolution. We know change is occurring at an exponential rate\, and that has proven to be the case in all areas of finance\, management\, and leadership over the past year. The course deals with these new issues and will continue to be updated as necessary throughout the year. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\nUnderstand the current issues and latest trends impacting CFOs\, controllers\, and finance professionals Understand how domestic and global economic conditions could impact an organization Lead organizations into the rapidly changing decade Apply what we have learned from the pandemic for a positive impact on an organization Be familiar with the results of the case studies and exercises that reinforce key learning points throughout the course \nMajor Subjects\nEconomic update Leadership and management changes as a result of the pandemic Expense control that works Understanding our changing workforce and working environment Financial risk analysis Enterprise risk management Metrics and benchmarking Improving bank relationships and cash management Social media’s place in our organizations \nInstructions\nNone URL:https://sc.cpa/event/ssot445-26-surgents-current-developments-and-best-practices-for-todays-cfos-and-controllers/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210145Z LAST-MODIFIED:20250606T043513Z UID:10005272-1782820800-1782820800@sc.cpa SUMMARY:(SSOT424/26) Surgent's Employer's Handbook: Health Care\, Retirement\, and Fringe Benefit Tax Issues DESCRIPTION:Event Description\nThe employer-employee relationship strains both sides in uncertain times\, and businesses need CPAs\, controllers\, and other advisors to provide understanding of the complex legal\, tax\, and health care issues associated with all aspects of employment. This course provides in-depth coverage of this critical area. It will be updated and supplemented throughout the year to cover breaking developments. \nDesigned For\nCPAs who need an in-depth understanding of employment issues \nObjectives\nIdentify compliance issues Understand how health care mandates apply to employers and individuals Explain the nondiscrimination rules that apply to employer-sponsored retirement and health care plans \nMajor Subjects\nERISA compliance: employee welfare plans and qualified plans Fringe benefit issues: COBRA\, Family and Medical Leave Act\, and new developments in health care Health care plans: HRAs\, HSAs\, and other employer-sponsored plans Qualified plan requirements: eligibility\, coverage\, and vesting \nInstructions\nNone URL:https://sc.cpa/event/ssot424-26-surgents-employers-handbook-health-care-retirement-and-fringe-benefit-tax-issues/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210148Z LAST-MODIFIED:20250606T045206Z UID:10005273-1782820800-1782820800@sc.cpa SUMMARY:(SSAA570/26) Surgent's Performing a Preparation Engagement Under AR-C Section 70 DESCRIPTION:Event Description\nBe the go-to person for financial statement preparation engagements. Specifically designed for preparation practitioners and their staff\, this course will provide you with a hands-on application for performing preparation engagements under AR-C Section 70. You will learn the ins and outs of relevant sections of SSARS No. 21\, Clarification and Recodification\, the most significant change to the SSARS since their inception over thirty years ago. This course will bring you up to date on all SSARSs requirements and guidance as it relates to preparation\, including SSARS No. 25\, effective for 2021 reporting.The course will also provide an overview of the different services that an accountant can provide under the SSARS and review the requirements of AR-C Section 60 as it relates to preparation engagements. \nDesigned For\nAccounting practitioners and their staff performing and managing preparation and compilation engagement services \nObjectives\nIdentify differences in engagements performed under the SSARS Recall general requirements for all SSARS engagements Identify requirements for preparation engagements under AR-C Section 70 \nMajor Subjects\nRelevant sections of SSARS No. 21\, Clarification and Recodification Updates to SSARS No. 21 guidance due to issuance of SSARS Nos. 22-25 Review of AR-C Section 60 requirements for all SSARS engagements Detailed guidance on performing preparation engagements under AR-C Section 70 \nInstructions\nNone URL:https://sc.cpa/event/ssaa570-26-surgents-performing-a-preparation-engagement-under-ar-c-section-70/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210151Z LAST-MODIFIED:20250606T043514Z UID:10005274-1782820800-1782820800@sc.cpa SUMMARY:(SSTX546/26) 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\nExpand the process involved in reviewing applicable tax returns Identify the most common areas that result in errors Document a review\, including consideration of risk management \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 \nInstructions\nNone URL:https://sc.cpa/event/sstx546-26-surgents-forms-1120-s-and-1065-return-review-boot-camp-for-new-and-experienced-reviewers/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210203Z LAST-MODIFIED:20250606T045207Z UID:10005275-1782820800-1782820800@sc.cpa SUMMARY:(SSTX402/26) Surgent's Form 1065 Boot Camp: Step-by-Step Preparation with Completed Forms DESCRIPTION:Event Description\nThe objective of this course is to train new\, rusty\, or returning-to-practice staff with a hands-on\, pencil-pushing gold standard for preparing Form 1065. Common to advanced issues of partnerships are explored in the current course that can double as a quick and practical reference guide for tax treatment and tax preparation guidelines. Within each chapter\, we illustrate various parts and areas of interest when preparing a 1065\, including examples and corresponding tax forms. We bring it all together in the final two chapters with a comprehensive example that integrates and links all previous chapters. The course and instruction delivery are geared toward a basic understanding and progress to more complex issues via Surgent’s “Step-by-Step” preparation guide. \nDesigned For\nAll levels of staff and company controllers responsible for filing these forms \nObjectives\nLearn in detail about the preparation of Form 1065\, Schedules M-1\, K\, and K-1 Learn in detail about common business reporting Forms 4562 and 4797 Provide staff with the first stage of a graduated professional education program in servicing partnership and LLC clients \nMajor Subjects\nComprehensive coverage of the Inflation Reduction Act of 2022; Gain a thorough understanding of federal income tax laws for partnerships and LLCs\, from formation to tax return preparation issue; Filing requirements for Schedules K-2 and K-3; Who files Form 1065\, and who does not file Form 1065; Tax Basis Capital Account Reporting Requirements; Trade or Business income and expenses versus Separately Stated Items; The importance of Schedule M-1; Partnership distributions — current or liquidating\, cash or property; How to allocate recourse and nonrecourse debt; Self-employment tax issues; court cases and trends in tax audits of earnings subject to self-employment taxes; Complete coverage of any new legislation enacted before presentation; Section 163(j) limitations; Mastering two common tax forms\, Depreciation (4562) and Sale of Assets (4797); Final regulations on Section 168(k); Partnership reporting oddities; Accurately preparing partnership returns and reconciling book income to taxable income; The Centralized Audit Regime under the Bipartisan Budget Act of 2015; \nInstructions\nNone URL:https://sc.cpa/event/sstx402-26-surgents-form-1065-boot-camp-step-by-step-preparation-with-completed-forms/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210207Z LAST-MODIFIED:20250606T043515Z UID:10005276-1782820800-1782820800@sc.cpa SUMMARY:(SSTX456/26) Surgent's Fundamentals of Public Charity Taxation and Form 990 DESCRIPTION:Event Description\nIf you work for or with not-for-profit entities and have questions about the IRS Form 990\, Return of Organization Exempt From Income Tax\, and the related schedules\, this is the course for you! The program focuses on common issues that professionals will likely encounter when they prepare the Form 990 and additional tax rules applicable to not-for-profits. \nDesigned For\nAny professional who wishes to understand the tax rules applicable to not-for-profits and who wishes to be able to prepare the Form 990 \nObjectives\nComplete Form 990 to advise clients with respect to the tax rules relating to public charities \nMajor Subjects\nOrganization and structure of Form 990 Form 990 and its various schedules Form 990 filing requirements The public support tests Taxation of unrelated business income Compensation-related reporting issues \nInstructions\nNone URL:https://sc.cpa/event/sstx456-26-surgents-fundamentals-of-public-charity-taxation-and-form-990/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210209Z LAST-MODIFIED:20250606T045208Z UID:10005277-1782820800-1782820800@sc.cpa SUMMARY:(SSAA453/26) Surgent's Accounting for Litigation and Legal Contingencies DESCRIPTION:Event Description\nThis course provides an overview of the accounting and financial reporting requirements with respect to litigation. This includes distinguishing between probable\, reasonably possible\, and remote litigation outcomes as well as how to evaluate\, recognize\, measure\, and disclose litigation-related contingencies. \nDesigned For\nProfessionals interested in Accounting for Litigation and Legal Contingencies \nObjectives\nDifferentiate between probable\, reasonably possible\, and remote litigation outcomes Identify when to accrue a liability for litigation-related contingencies under ASC 450-20 Recognize the role of legal counsel in the litigation process Identify the appropriate financial statement disclosures for litigation-related contingencies \nMajor Subjects\nRecognition and measurement of legal contigencies Impact from new information Events after the date of the financial statements Recognized subsequent events \nInstructions\nNone URL:https://sc.cpa/event/ssaa453-26-surgents-accounting-for-litigation-and-legal-contingencies/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210210Z LAST-MODIFIED:20250606T043516Z UID:10005278-1782820800-1782820800@sc.cpa SUMMARY:(SSTX419/26) Surgent's S Corporation\, Partnership\, and LLC Tax Update DESCRIPTION:Event Description\nIf you are a practitioner who wants the latest information on tax changes affecting your business clients or employers\, then you should take this enlightening course. You will learn invaluable knowledge\, strategies\, techniques\, innovative tax-planning concepts\, income-generating ideas\, and other planning opportunities available to S corporations\, partnerships\, LLCs\, and LLPs. Continually updated to reflect enacted legislation. \nDesigned For\nAll tax practitioners\, both those working in public accounting as well as those in private industry\, who need the latest information on tax changes affecting their business clients or employers \nObjectives\nUnderstand the current planning issues for businesses Understand how recent legislation impacts planning for pass-throughs Understand what pass-throughs can do in light of tax law changes \nMajor Subjects\nTimely coverage of breaking tax legislation Guidance on the impact of recent legislation on S corporations and partnership entities Form 1099-K reporting requirements Thinking beyond section 163(j) – Interest Allocation Rules\, Original Issue Discount\, Applicable High Yield Discount Obligations\, Convertible Corporate Debt Instruments\, and Debt-Financed Distributions Bonus depreciation in 2024 Section 174 Research and Experimental Expenditures New FinCEN reporting requirements in 2024\, including recently updated FAQs Decentralized Autonomous Organizations (DAOs) A review of the key cases\, rulings\, and tax law changes affecting S corporations\, partnerships\, limited liability companies\, and limited liability partnerships \nInstructions\nNone URL:https://sc.cpa/event/sstx419-26-surgents-s-corporation-partnership-and-llc-tax-update/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210211Z LAST-MODIFIED:20250606T045209Z UID:10005279-1782820800-1782820800@sc.cpa SUMMARY:(SSTX600A/26) Surgent's Weekly Expert Hour (Original Air Date: 6/17/21) 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\nIRS Publication 590-B 10-Year Rule What the IRS does when it receives a tax return Update on Form 7200 (as of 6/17/21) Discussion of the updated draft of Form 941 (as of 6/17/21) Notice 2020-75 \nInstructions\nNone URL:https://sc.cpa/event/sstx600a-26-surgents-weekly-expert-hour-original-air-date-6-17-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20260630T120000 DTEND;TZID=America/Detroit:20260630T120000 DTSTAMP:20260403T162506 CREATED:20250605T210214Z LAST-MODIFIED:20250606T045210Z UID:10005281-1782820800-1782820800@sc.cpa SUMMARY:(SSTX467/26) Surgent's How to Settle an Estate - An Overview DESCRIPTION:Event Description\nThis course discusses the legal issues in probating and contesting a will\, plus the practical issues involved when settling an estate – marshaling of assets\, payment of creditors\, and distribution and accounting to beneficiaries. Inventory of estate assets is also discussed. \nDesigned For\nAccounting and Financial Professionals who wish to assist in settlement of an estate\, regardless of size \nObjectives\nDescribe the process of estate administration\, including the basics of creating the estate Identify the steps to take immediately upon the death of the decedent State the problems and pitfalls associated with the distribution of estate assets Know what to do when faced with legacies of solvent and insolvent estates \nMajor Subjects\nProcess of estate administration\, including the basics of creating the estate\, the role of the executor\, and how to probate a will Steps to take immediately upon the death of the decedent and the importance of inventorying the estate assets Problems associated with the distribution of estate assets Utilizing family settlement agreements \nInstructions\nNone URL:https://sc.cpa/event/sstx467-26-surgents-how-to-settle-an-estate-an-overview/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR