BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.16.3//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: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:20260615T114513 CREATED:20260612T221409Z LAST-MODIFIED:20260613T042833Z UID:10005938-1814356800-1814356800@sc.cpa SUMMARY:(SSTX205/27) Surgent's Nuts & Bolts of Cryptocurrency Taxation DESCRIPTION:Event Description\nCryptocurrency is heading mainstream. According to a recent study conducted by New York Digital Investment Group\, there are 46 million bitcoin holders in the US\, and institutions have also shown increased interest in this space. The rising popularity of cryptocurrency and the inclusion of the virtual currency question on the front and center of Form 1040 have made cryptocurrency a subject that tax practitioners cannot afford to ignore anymore. This course is designed to walk you through tax implications of common cryptocurrency-related transactions (trading\, mining\, spending\, staking\, etc.) and how to successfully service clients affiliated with cryptocurrency by using a tool like CoinTracker. This session also covers current developments surrounding this topic and some of the unique tax planning opportunities in the crypto space such as tax loss harvesting without being subject to wash sale rules\, tax lot ID optimization (FIFO\, LIFO\, and HIFO)\, self-directed IRAs\, etc. \nDesigned For\nAccounting and Finance Professionals who want to get a high-level understanding of how cryptocurrency work and how to serve clients with cryptocurrency transactions \nObjectives\n\nRecognize the latest in blockchain technology and how it is impacting our world\n Understand how to interact with cryptocurrency\n Understand the tax implications of investing in cryptocurrency\, running a mining operation\, using NFTs\, and using cryptocurrency as a payment method\n Recognize challenges in dealing with cryptocurrency-related clients;\n Apply tax planning opportunities\n Serve clients with cryptocurrency transactions using a tool like CoinTracker.io\n\nMajor Subjects\nWhat is blockchain technology? How do you buy crypto? How do you store crypto? Use cases of cryptocurrency Blockchain technology; Use cases of cryptocurrency Tax overview How taxes work for cryptocurrency investors How taxes work for cryptocurrency mining Taxation of other transactions Foreign reporting requirements and crypto How to use a tool like CoinTracker to calculate capital gains and losses New developments in the space Tax planning opportunities; Why do accountants need to care? \nInstructions\nNone URL:https://sc.cpa/event/sstx205-27-surgents-nuts-bolts-of-cryptocurrency-taxation/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221410Z LAST-MODIFIED:20260613T042838Z UID:10005939-1814356800-1814356800@sc.cpa SUMMARY:(SSET107/27) Surgent's General Ethics for Tax Practitioners DESCRIPTION:Event Description\nThis two-hour course covers most of the specific ethical considerations that come into play as a practitioner in the eyes of the Internal Revenue Service. The IRS intends to revise Circular 230\, the core of this course. Stay tuned. \nDesigned For\nCPAs who want to satisfy the general professional ethics requirement in all states except those that require a state-specific ethics course (AR\, AZ\, CA\, CO\, DE\, FL\, ID\, LA\, MI\, MS\, NJ\, NY\, OH\, SC\, TN\, TX\, UT\, VA\, WA\, WY); and all EAs. \nObjectives\n\nIdentify the Office of Professional Responsibility\n Distinguish between ethical responsibilities owed to the Service and the client\n State the limitations on contingent fee arrangements\n Discuss the areas of conflict of interest and solicitation that attend practice before the Service\n Appreciate the possible sources of\, and sanctions for\, unethical conduct with the IRS\n Recognize the public disclosure of unethical conduct by a tax practitioner before the IRS\n\nMajor Subjects\nWho is a tax practitioner? What responsibilities does the Office of Professional Responsibility regulate? What limitations does the IRS place on fee arrangements? What duties does the practitioner have with respect to client records? What limitations apply with respect to a written tax opinion? What sanctions may be applied for violations of Service-imposed standards of conduct? NEW: The IRS Office of Professional Responsibility clarifies role of In-House Professionals under Circular 230 \nInstructions\nNone URL:https://sc.cpa/event/sset107-27-surgents-general-ethics-for-tax-practitioners/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221411Z LAST-MODIFIED:20260613T042840Z UID:10005940-1814356800-1814356800@sc.cpa SUMMARY:(SSOT154/27) Surgent's Understanding Non-Compete Agreements DESCRIPTION:Event Description\nThe enforceability of non-compete agreements in the U.S. is in flux. While the FTC’s proposed ban is on hold pending legal proceedings\, existing state laws continue to govern the validity of non-compete clauses. Some states\, like California\, Oklahoma\, and North Dakota\, prohibit non-compete agreements\, while others enforce them under certain conditions.Although state laws vary\, non-competes are often used to protect the creation and development of corporate goodwill\, customer relationships\, and specialized training\, among others. Today\, employees are more likely to be asked to sign non-compete agreements as a condition of employment. Non-compete agreements are also a common component of a business sale agreement. This program surveys non-compete agreements from all angles\, including the current state of play regarding the usefulness and enforceability of agreements going forward. Whether you advise individual clients or work for an employer\, this course provides an understanding of common issues that arise in the negotiation and enforcement of non-competes. \nDesigned For\nPractitioners who advise employers who seek to use non-competes to protect corporate assets such as customer goodwill\, client lists\, or other legitimate business interests and practitioners who advise individuals who may have signed non-compete agreements \nObjectives\n\nUnderstand the issues that arise when an employer seeks to enforce a non-compete or when an employee challenges the validity of a non-compete agreement\n Understand how non-compete laws vary significantly by state\n Be aware of common issues that arise when drafting and litigating non-compete agreements\n\nMajor Subjects\nReview of the current legal and regulatory framework surrounding non-compete agreements Enforcement of non-compete agreements from the employer’s perspective Opposing enforcement of non-compete agreements from the employee’s perspective Understanding reasonable geographic scope and time limitations for non-compete agreements Understanding key issues that arise during enforcement and opposition to enforcement of non-compete agreements \nInstructions\nNone URL:https://sc.cpa/event/ssot154-27-surgents-understanding-non-compete-agreements/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221511Z LAST-MODIFIED:20260613T042842Z UID:10005941-1814356800-1814356800@sc.cpa SUMMARY:(SSOT138/27) Surgent's Skills to Enhance Personal and Professional Networks DESCRIPTION:Event Description\nManaging a strong network is one of the most important things you can do to grow professionally. Yet despite its importance\, maintaining an effective network is often not taught in undergraduate and graduate schools. The good news is that managing and growing a network is easier than it sounds. In fact\, most professionals have some level of basic networking skills simply from helping someone find a job\, attending an industry conference\, or seeking professional connections through social media.Effective networking involves more than simply collecting contacts. Strong networks should be relevant to your career and consist of people you trust. Personal networks are just as important as professional networks and the two often overlap. In this course\, we explore ways to strengthen and grow networks by examining proven strategies that have helped individuals meet their personal and professional goals. \nDesigned For\nAnyone in the accounting or financial services profession who seeks to gain a better understanding of strategies to strengthen and grow personal and professional networks \nObjectives\n\nIdentify networking opportunities\n Manage and grow your existing network\n Understand how to converse with new contacts\n Recognize the importance of personal networks\n Assess your current networking skills\n Explore networking best practices\n\nMajor Subjects\nThe value of strategic networking Quality vs. quantity in networking Networking for professional opportunities Person-to-person networking Maintaining and expanding your current connections Networking for introverts Long-term networking strategies \nInstructions\nNone URL:https://sc.cpa/event/ssot138-27-surgents-skills-to-enhance-personal-and-professional-networks/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221512Z LAST-MODIFIED:20260613T042847Z UID:10005942-1814356800-1814356800@sc.cpa SUMMARY:(SSTX235/27) 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\n\nDefine an RMD so that clients know the minimum amounts to distribute\n Calculate RMDs and make adjustments when IRA custodians fail to\n Identify the individuals and accounts that are subject to the RMD rules\n Identify the RMD mistakes that can occur\, how to avoid such mistakes\, and how to correct them where possible\n How to get automatic waivers for the 50% excess accumulation penalty \n\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/sstx235-27-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:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221512Z LAST-MODIFIED:20260613T042849Z UID:10005943-1814356800-1814356800@sc.cpa SUMMARY:(SSTX157/27) Surgent's Four Tiers of Loss Limitations: A Guide to the Rules for Pass-Through Entities DESCRIPTION:Event Description\nOwners of S corporations and partnerships are subject to numerous limitations on pass-through losses\, each with unique rules\, applications\, and complexities. With the increase in popularity of pass-through business entities\, it is essential for CPAs to understand the complexities and interactions of these pass-through loss limitations. \nDesigned For\nExperienced practitioners who desire a refresher on loss limitations and an analysis of the new rules. Inexperienced practitioners who desire to learn the basics of all four pass-through loss limitations and their interactions in one course. \nObjectives\n\nAnalyze how basis in an ownership interest in a pass-through entity is established\n Discuss how activity of the entity\, distributions\, and optional adjustments increase or decrease basis\n Discuss when basis is “at-risk” under Section 465\, and the resulting loss disallowance and carryforward related to basis that is not at-risk\n Define passive activities under Section 469 and exceptions to the passive loss rules\n Discuss when and how aggregation of activities should be used to avoid the passive loss rules\n Analyze Section 461(l) created by the Tax Cuts and Jobs Act of 2017 and understand the limitation calculation and resulting carryforward\n Analyze the hierarchy of the loss limitations with examples of the application of the four tiers of losses and how they interact\n Use case studies to reinforce the learning objectives\n\nMajor Subjects\nThe OBBBA Tier 1: Basis limitations for S corporation shareholders and partners Tier 2: Section 465 at-risk limitations for S corporation shareholders and partners\, including the impact of debt\, indemnities\, guarantees\, and shareholder/partner agreements Tier 3: Section 469 passive loss limitations and exceptions to the limitations Tier 4: The excess business loss limitation of the Tax Cuts and Jobs Act of 2017 (new Section 461(l))\, American Rescue Plan Act\, and Inflation Reduction Act \nInstructions\nNone URL:https://sc.cpa/event/sstx157-27-surgents-four-tiers-of-loss-limitations-a-guide-to-the-rules-for-pass-through-entities/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221513Z LAST-MODIFIED:20260613T042851Z UID:10005944-1814356800-1814356800@sc.cpa SUMMARY:(SSTX293/27) Surgent's Weekly Expert Hour (Original Air Date: 11/04/21) 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\nThe IRS’ responses to questions about rehires following bona fide retirement and in-service distributions Proposed Build Back Better legislation (as of 11/04/21) Tax aspects of selling a home Changes to IRC Section 41 Research Credit Refund Claims \nInstructions\nNone URL:https://sc.cpa/event/sstx293-27-surgents-weekly-expert-hour-original-air-date-11-04-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221513Z LAST-MODIFIED:20260613T042854Z UID:10005945-1814356800-1814356800@sc.cpa SUMMARY:(SSTX202/27) Surgent's Max the Tax: Entity Selection DESCRIPTION:Event Description\nA client is starting a new business and needs advice on whether to choose an S or C corporation. She is seeking support to determine the most advantageous entity from a tax-efficiency perspective. Participants will first ask relevant questions about the client’s plans and then advise her on entity selection based on their expertise. \nDesigned For\nAccounting and finance professionals and anyone needing foundational information related to entity selection \nObjectives\n\nHelp clients choose the tax entity that is most advantageous to them;\n\nMajor Subjects\nChoice of entity decisions Client consultation questions regarding entity selection \nInstructions\nNone URL:https://sc.cpa/event/sstx202-27-surgents-max-the-tax-entity-selection/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221513Z LAST-MODIFIED:20260613T042856Z UID:10005946-1814356800-1814356800@sc.cpa SUMMARY:(SSAA197/27) Surgent's Focus on Engagement Quality: How to Avoid Deficiencies in Peer Reviews DESCRIPTION:Event Description\nWith the AICPA’s heightened focus on enhancing audit quality\, increased oversight of the peer review process and the auditor’s overall responsibility to provide high quality services\, the focus on compliance with professional standards has never been greater. Add to that the requirement to implement the revised risk assessment standards (SAS 145) and it’s easy to see why it’s more important than ever to ensure that auditors have a good understanding of the requirements and comply with documentation standards. Recent peer reviews have indicated that auditors are often failing to perform and/or document certain critical components of an audit such as the auditor’s assessment of risk and linking the results of the assessment to substantive procedures performed. In addition\, auditors are not adequately documenting their consideration of fraud\, expectations in analytical procedures and the appropriate level of work needed to understand an entity’s internal control.The AICPA issued its Quality Management Standards in 2022. Firms are required to implement the standards by December 15\, 2025. And the firm’s evaluation of the System of Quality Management is required within one year after that. This is not just a matter of tweaking the firm’s existing QM document\, the standard requires a risk assessment process to identify risk.The objective of the course is to provide the insights necessary to help auditors and accountants improve not just the quality of their work but also the perception of the accounting profession as a whole. We will focus on the most significant items resulting in deficiencies identified in the peer review process. We will also discuss the applicable audit standards\, documentation requirements\, and best practices. We will address the new QM standards. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to improve engagement quality \nObjectives\n\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiative\n Recognize key trends in recent peer review deficiencies noted\n Identify professional standards related to performing a risk assessment\, understanding and testing internal controls\, and linking these procedures to further audit consideration\n Implement best practices to help ensure overall engagement quality \n\nMajor Subjects\nAICPA’s Enhancing Audit Quality initiative Recent revisions to Quality Management standards Feedback from peer reviews\, including areas driving deficiencies in audit Elements of an effective risk assessment and how to link to audit procedures performed Understanding internal controls and making the decision whether or not to test them Issues related to compilations and reviews Issues related to employee benefit plans Issues related to Government Auditing Standards/Single Audits Best practices in documentation \nInstructions\nNone URL:https://sc.cpa/event/ssaa197-27-surgents-focus-on-engagement-quality-how-to-avoid-deficiencies-in-peer-reviews/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221514Z LAST-MODIFIED:20260613T042858Z UID:10005947-1814356800-1814356800@sc.cpa SUMMARY:(SSET108/27) Surgent's Surging Auditors: Daily Dilemmas DESCRIPTION:Event Description\nEthics are the hallmark of our profession\, and we must be uncompromising in our commitment to acting ethically. However\, many ethical dilemmas arise unexpectedly as we perform our daily tasks\, and challenge us\, as there often appears to be several ways forward. We need to decide which is the correct one. In this game\, the learner plays the role of an auditor at Surging Auditors LLP and must complete common activities from their daily task list. As they complete these tasks\, the player navigates unexpected encounters with colleagues\, clients\, and friends with questions that challenge decision-making skills and knowledge of the AICPA Code of Professional Conduct and other ethics guidance. Those responses and decisions are measured to ensure the player maximizes opportunities that benefit the firm and themselves while remaining independent and within ethical boundaries. \nDesigned For\nAccounting professionals in auditing who need to build skills or increase awareness in character\, integrity\, independence\, and objectivity. \nObjectives\n\nDemonstrate the importance of character\, integrity\, and serving the public interest\n Demonstrate the importance of independence\, objectivity\, and ethical behavior\n\nMajor Subjects\nThe importance of proper documentation of workpapers Meeting firm-mandated ethical requirements Independence issues related to client relationships Client engagement and entertainment Accurate and complete reporting of time \nInstructions\nNone URL:https://sc.cpa/event/sset108-27-surgents-surging-auditors-daily-dilemmas/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221514Z LAST-MODIFIED:20260613T042900Z UID:10005948-1814356800-1814356800@sc.cpa SUMMARY:(SSBM117/27) Surgent's Engaging and Managing Young Professionals DESCRIPTION:Event Description\nYounger professionals comprise a significant part of the accounting and finance workforce. Whether you are an owner of a small accounting practice or a manager in a multinational accounting firm\, it is important to understand the characteristics and expectations of this large segment of the workforce. Research reveals that many of the common stereotypes surrounding young professionals are unfounded and counterproductive. This course provides an understanding of who young professionals are in comparison to their predecessors\, the Gen-Xers and baby boomers. Equally important\, the presentation will look at common myths regarding young professionals and why understanding this class of employees provides opportunities for your organization to grow and succeed. \nDesigned For\nAccounting and finance professionals who wish to better engage with employees and customers who comprise this ever-growing demographic \nObjectives\n\nUnderstand how managing younger professionals allows organizations to grow and reduce turnover\n Understand how other organizations are attracting and retaining this segment of the workforce\n Use research to learn younger professionals’ expectations\, strengths\, and motivations\n\nMajor Subjects\nCharacteristics that are more dominant among younger working professionals and what distinguishes them from other sectors of the workforce Changes younger professionals seek in the workplace Suggestions on engaging and developing younger workers Best practices by organizations who have successfully integrated younger professionals Expectations as to learning\, development\, and training Work environments and schedules School-to-work transitions Views on salary\, benefits\, and corporate ethics Whether younger professionals’ expectations are significantly different from any other generation Strengths younger professionals offer which set them apart from others Common myths pertaining to younger professionals Definitions of success \nInstructions\nNone URL:https://sc.cpa/event/ssbm117-27-surgents-engaging-and-managing-young-professionals/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221515Z LAST-MODIFIED:20260613T042902Z UID:10005949-1814356800-1814356800@sc.cpa SUMMARY:(SSTX123/27) Surgent's Federal Tax Update DESCRIPTION:Event Description\nBoth businesses and individual clients face major changes as a result of new legislation\, and tax professionals face the considerable challenge of delivering effective planning advice and services to address this myriad of recent developments. This course addresses this challenge and also encompasses the latest cases and rulings applicable to individual and business clients. Continually updated to reflect enacted legislation. Please Note: Due to content overlap\, it is recommended that this course NOT be taken together with BIT4. \nDesigned For\nAccounting and Finance Professionals who need to know the latest tax law changes in all areas of practice \nObjectives\n\nUnderstand strategies and techniques to use in light of new legislation\n Understand the latest enacted tax law changes\n Understand current cases and rulings affecting your clients\n\nMajor Subjects\nComprehensive coverage of individual provisions of the One Big Beautiful Bill Act\, including but not limited to: TCJA provisions made permanent New Tip Income Deduction New Overtime Pay Deduction New Car Loan Interest Deduction New Temporary Senior Deduction Expanded SALT Cap Trump Accounts Comprehensive coverage of business provisions of the One Big Beautiful Bill Act\, including but not limited to: Bonus Depreciation made permanent Increased Section 179 deduction Changes to Section 174 R&E Expenditures Changes to Section 163(j) Form 1099/1099-K changes Qualified Small Business Stock Exclusion; The Gig Economy – examine key tax implications for gig workers\, including Independent Contractor vs. Employee classification challenges and employer reporting responsibilities Timely coverage of breaking tax legislation Advanced practice\, reporting\, and other issues intertwined with advanced planning and discussion ideas \nInstructions\nNone URL:https://sc.cpa/event/sstx123-27-surgents-federal-tax-update/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221516Z LAST-MODIFIED:20260613T042904Z UID:10005950-1814356800-1814356800@sc.cpa SUMMARY:(SSTE145/27) Surgent's Data at 30\,000 Feet: Traveling Smart with Client and Personal Information DESCRIPTION:Event Description\nWhether you’re heading across town or across the globe\, traveling with electronic devices carries real risks to the sensitive client and firm data stored on them. In this session\, we’ll explore the ethical obligations CPAs have to protect confidential information\, including guidance from the AICPA Code of Professional Conduct and applicable laws. We’ll examine how data can be accessed – legitimately or maliciously – by third parties during travel\, and offer practical strategies to minimize risk\, from using loaner devices and mobile device management to coordinating with IT before departure. The session includes current border search rules\, international considerations\, and actionable tips for staying secure in transit. \nDesigned For\nAll accounting and finance professionals \nObjectives\n\nRecognize ways that client and firm data can be accessed by third parties during travel\n Understand how to protect your client and firm data while traveling\n\nMajor Subjects\nCPA responsibilities for client data Understanding the risks while traveling Legal and regulatory landscape CPA-specific considerations Data protection techniques and tools Policy and technical safeguards Pre- and post-travel protocols Employee education and compliance \nInstructions\nNone URL:https://sc.cpa/event/sste145-27-surgents-data-at-30000-feet-traveling-smart-with-client-and-personal-information/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221516Z LAST-MODIFIED:20260613T042907Z UID:10005951-1814356800-1814356800@sc.cpa SUMMARY:(SSAA185/27) Surgent's Guide and Update to Compilations\, Reviews\, and Preparations DESCRIPTION:Event Description\nSpecifically designed for preparation\, compilation\, and review practitioners\, this course provides a comprehensive review and hands-on application for performing financial statement preparation\, compilation\, and review engagements. You will learn the ins and outs of applying SSARS No. 21\, Clarification and Recodification\, as well as additional guidance related to SSARS engagements through the issuance of SSARS Nos. 22-27 by the AICPA’s Accounting and Review Services Committee (ARSC). The course also reviews recent peer review feedback on SSARS engagements\, providing insights on how to successfully apply this guidance.Not only will this course bring you up to date on SSARSs requirements and guidance\, but more importantly\, it will provide you with practical examples and illustrations to help you effectively and efficiently perform compilation\, preparation\, and review engagements. \nDesigned For\nAccounting practitioners and their staff performing and managing compilation\, preparation\, and review engagement services \nObjectives\n\nUnderstand and apply SSARS No. 21\, Clarification and Recodification\n Be familiar with changes related to the issuance of SSARS Nos. 22-27\n Be familiar with preparation\, compilation\, and review program examples\n Be aware of the most recent reports and other required communications\n\nMajor Subjects\nSSARS No. 21\, Clarification and Recodification\, and updates to SSARS No. 21 due to the issuance of SSARS No. 23\, Omnibus Statement on Standards for Accounting and Review Services SSARS No. 22\, Compilation of Pro Forma Financial Information SSARS No. 24\, Omnibus Statement on Standards for Accounting and Review Services – 2018 SSARS No. 25\, Materiality in a Review of Financial Statements and Adverse Conclusions SSARS No. 26\, Quality Management for an Engagement Conducted in Accordance with Statements on Standards for Accounting and Review Services SSARS No. 27\, Applicability of AR-C Section 70 to Financial Statements Prepared as Part of a Consulting Services Engagement Sample comprehensive engagement work programs for preparation\, compilation\, and review engagements \nInstructions\nNone URL:https://sc.cpa/event/ssaa185-27-surgents-guide-and-update-to-compilations-reviews-and-preparations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221517Z LAST-MODIFIED:20260613T042909Z UID:10005952-1814356800-1814356800@sc.cpa SUMMARY:(SSTX312/27) Surgent's Weekly Expert Hour (Original Air Date: 6/10/21) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format. Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \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\nSALT relief Tax basis capital reporting Remote workforce issues Update on the Section 121 Exclusion Takeaways from Coca-Cola v. Commissioner \nInstructions\nNone URL:https://sc.cpa/event/sstx312-27-surgents-weekly-expert-hour-original-air-date-6-10-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221518Z LAST-MODIFIED:20260613T043021Z UID:10005953-1814356800-1814356800@sc.cpa SUMMARY:(SSTE125/27) Surgent's Become a Data Analysis Expert DESCRIPTION:Event Description\nIn today’s rapidly evolving business landscape\, accounting professionals are expected to be more than just number crunchers; they are expected to be insightful interpreters of data. In an era where data is king\, this course is your gateway to becoming a savvy data analyst\, giving you a competitive edge in your field. We will guide you through the intricacies of making complex data analysis approachable and engaging. You will learn the all-important data analysis process flow that will take you from collecting data all the way to making insightful decisions based upon your data. We will explore the basics of data modeling that will allow you to access data from multiple sources and use sophisticated calculations to create our data metrics. You will learn how to create interactive dashboards\, perform sophisticated reporting\, and uncover deep insights from your data. Whether you’re looking to streamline your reporting process\, enhance your data visualization skills\, or make more data-driven decisions\, this course is tailored to meet those needs. It’s not just about learning a tool; it’s about enhancing your professional identity as a forward-thinking accounting professional. \nDesigned For\nAnyone looking to become a data analysis expert \nObjectives\n\nIdentify key features of the data analysis process flow\n Recognize how your organization’s key metrics can help you make insightful decisions\n Distinguish between different data visualization techniques\n\nMajor Subjects\nAn introduction to the data analysis process flow and how it is your pathway to becoming a data analysis expert A comprehensive discussion of building a data model and calculating metrics How visualizations can present data in a more insightful and impactful manner \nInstructions\nNone URL:https://sc.cpa/event/sste125-27-surgents-become-a-data-analysis-expert/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221611Z LAST-MODIFIED:20260613T043022Z UID:10005954-1814356800-1814356800@sc.cpa SUMMARY:(SSTX266/27) Surgent's Critical Issues Involving Taxation of Construction Contractors DESCRIPTION:Event Description\nMany consider taxation of construction contractors to be the most complex area of the Internal Revenue Code. This industry is subject to many elections and considerations to reduce or defer amounts owed. In this course\, we will highlight these areas and discuss potential opportunities for practitioners and their clients. We will also discuss the impact of recent legislation on construction taxation\, including changes to net operating losses and the AMT rules. This is a critical presentation tailored for CPAs who work for or represent construction contractors. \nDesigned For\nCPAs who work for or represent construction contractors looking for ways to reduce taxable income \nObjectives\n\nRecognize the impact of recent tax legislation on the construction industry\n Identify when the cash method of accounting may be used for long-term contracts\n Reference sections of the Internal Revenue Code (IRC) that impact the construction industry\n Recognize how the IRC impacts specialized sectors of the construction industry\, such as homebuilders and residential construction\n Explain how a contractor qualifies for the small contractor exemption and its advantages\n Recognize the different methods of income recognition from long-term contracts available when a contractor qualifies for the small contractor exemption\n Identify the qualifications for the 10 percent deferral election\n Identify the major differences regarding cost capitalization rules between U.S. GAAP\, exempt contracts\, and nonexempt contracts\n Recognize the five basic rules concerning cost allocation for tax purposes\n Recognize how alternative minimum tax impacts the construction industry and identify ways to reduce its impact\n Understand the issues involved with the look-back provisions\n Recall the issues involved in determining a worker’s status as an employee or independent contractor and how this determination impacts the construction industry\n Recognize the key provisions of FIN 48 and how it impacts the construction industry\n Identify the most commonly missed tax strategies for contractors\n\nMajor Subjects\nThe impact of recent legislation on the construction industry (including the OBBBA) How to qualify for the small contractor exemption and its advantages for the taxpayer Options available to small contractors regarding taxation of long-term contracts How the choice of entity impacts taxation of contractors How AMT impacts the construction industry IRC Section 460 and large contractors How uninstalled materials impact taxation of contractors Look-back rules Using the 10 percent method to allow certain contractors to defer recognizing taxable income Critical tax planning strategies for contractors \nInstructions\nNone URL:https://sc.cpa/event/sstx266-27-surgents-critical-issues-involving-taxation-of-construction-contractors/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221611Z LAST-MODIFIED:20260613T043025Z UID:10005955-1814356800-1814356800@sc.cpa SUMMARY:(SSAA135/27) Surgent's Advanced Audits of 401(k) Plans: Best Practices and Current Developments DESCRIPTION:Event Description\nLooking to improve the quality of your 401(k) benefit plan audits? This is the course for you. Based on recent data from the U.S. Department of Labor and peer reviews on employee benefit plan audits\, we know auditors need to up their game to meet stakeholder demands and provide the best possible audit services.In this advanced course\, we will discuss the audit and reporting requirements in accordance with auditing standards. We will also discuss laws and regulations (such as ERISA) that are unique to employee benefit plans and provide practical guidance on their application. Course topics will focus on the most common compliance issues identified in 401(k) audits by the Department of Labor and peer reviews\, as well as recommended corrections. Auditors will identify best practices for auditing areas such as payroll and compensation\, participant loans\, hardship distributions\, investments\, and plan mergers and acquisitions. \nDesigned For\nExperienced practitioners responsible for planning and performing employee benefit plan audit engagements \nObjectives\n\nIdentify key provisions of recently issued SASs\n Identify the current year changes to the rules and regulations affecting 401(k) plans\n Understand the most common compliance issues encountered in 401(k) plan audits\, pitfalls to watch out for\, and strategies to ensure compliance\n Perform efficient and effective procedures associated with planning\, internal controls\, risk assessments\, and detailed audits\n Explain the documentation and procedures related to plan mergers and acquisitions\n Discuss the best practices associated with advanced audit areas\, including participant loans\, payroll\, compensation\, and investments\n Understand the risks associated with a benefit plan audit engagement\n\nMajor Subjects\nAudit requirements for ERISA Section 103(a)(3)(C) audits An annual update of the changes affecting 401(k) plans Compliance issues associated with eligibility and enrollments\, remittances\, lack of oversight\, compensation\, vesting\, and other topics Best practices for engagement planning\, internal controls\, risk assessment\, and detailed testing Avoiding common mistakes while performing audit procedures Plan mergers and acquisitions Common audit reporting and disclosure issues \nInstructions\nNone URL:https://sc.cpa/event/ssaa135-27-surgents-advanced-audits-of-401k-plans-best-practices-and-current-developments/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221612Z LAST-MODIFIED:20260613T043026Z UID:10005956-1814356800-1814356800@sc.cpa SUMMARY:(SSBM108/27) Surgent's Enterprise Risk Management Concepts and Strategy for Small and Medium-Sized Companies DESCRIPTION:Event Description\nThe past few years have taught us that major risks can come at us from any direction and with barely a warning. All organizations operate in a risk environment\, but all too often\, they either don’t realize it or they don’t develop a strategy to deal with the risks. In this session\, we will explore how risks work in both for-profit and not-for-profit organizations and how they can develop a strategy to identify\, evaluate\, and mitigate those risks. This program will not teach how to eliminate risks\, but how to strategize how to reduce their total effect. We will liberally use case studies of both for-profit and not-for-profit companies to bridge the gap between concept and actual implementation. In each area we will explore what our experiences of the pandemic have taught us about this part of risk management. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\n\nUnderstand how risks can both positively and negatively affect the organization\n Learn more about how we could have been better prepared for the pandemic\n Determine the nature of risk in both large and small organizations\n Understand the tolerance for risk in the organization\n Match risks to proper strategy\n Perform risk analysis and evaluations\n See how the strategy of the organization represents risk\n\nMajor Subjects\nOverview of ERM and how it affects all organizations What COVID-19 has taught us about risk management Risk tolerance and developing a plan Risk identification Risk analysis Risk responses Strategy risk \nInstructions\nNone URL:https://sc.cpa/event/ssbm108-27-surgents-enterprise-risk-management-concepts-and-strategy-for-small-and-medium-sized-companies/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221612Z LAST-MODIFIED:20260613T043027Z UID:10005957-1814356800-1814356800@sc.cpa SUMMARY:(SSTX387/27) Surgent’s Weekly Expert Hour (Original Air Date: 10/2/25) 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\nSECURE 2.0\, IRS Notice 2023-62\, Final Regulations (September 2025) Alternative assets for 401(k) investors and new proposed regulations on tipping Proposed regulations under Section 224 issued 09/22/25 relating to qualified tips \nInstructions\nNone URL:https://sc.cpa/event/sstx387-27-surgents-weekly-expert-hour-original-air-date-10-2-25/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221613Z LAST-MODIFIED:20260613T043028Z UID:10005958-1814356800-1814356800@sc.cpa SUMMARY:(SSTX233/27) Surgent's Reducing a Business Owner Client’s Exposure to Social Security and Self-Employment Taxes DESCRIPTION:Event Description\nMany business owner clients wish to minimize their Social Security and self-employment tax liabilities. This course provides tax practitioners with the background to understand what kinds of income constitute self-employment income and earned income. It covers strategies that can be used to reduce clients’ exposure to the self-employment tax and Social Security tax. \nDesigned For\nTax practitioners who advise clients with regard to their self-employment tax liability \nObjectives\n\nDetermine when avoiding earned income/SE income works favorably for the client\n Understand how hiring a spouse and/or child helps reduce self-employment tax\n Differentiate between income treated as self- employment income and income that is not self-employment income \n\nMajor Subjects\nSection 1402(a)(1) exclusions from the definition of self-employment income Application of the SE tax to members of limited liability companies Taking a self-employed owner’s health insurance deductions against self-employment tax How using the S corporation and the MMLLC treated as a partnership can help reduce an individual’s exposure to self-employment tax How hiring a spouse and/or child helps reduce self-employment tax Differentiating between income treated as self- employment income and income that is not self-employment income \nInstructions\nNone URL:https://sc.cpa/event/sstx233-27-surgents-reducing-a-business-owner-clients-exposure-to-social-security-and-self-employment-taxes/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221613Z LAST-MODIFIED:20260613T043030Z UID:10005959-1814356800-1814356800@sc.cpa SUMMARY:(SSAA198/27) Surgent's Update on the AICPA’s Enhancing Audit Quality Initiative DESCRIPTION:Event Description\nQuality should be the primary focus of all engagements. Since initiating its Enhancing Engagement Quality initiative in 2014\, the AICPA has been using its peer review program as a way to assess the improvement in engagement quality.In this course\, we’ll review the latest results from the peer review program and identify common findings in recent peer reviews of audits as well as SSARS engagements. \nDesigned For\nAccounting and auditing practitioners at all levels desiring to remain up to date on recent pronouncements and other standard setters’ activities \nObjectives\n\nIdentify key elements of the AICPA’s Enhancing Audit Quality initiatives\n Recognize key trends noted in recent peer reviews\n Understand the importance of audit documentation in the system of quality control\n Recall common peer review feedback identified on common attestation engagements\n\nMajor Subjects\nStatus of the AICPA’s Enhancing Engagement Quality initiative Recent Peer Review results Common peer review findings \nInstructions\nNone URL:https://sc.cpa/event/ssaa198-27-surgents-update-on-the-aicpas-enhancing-audit-quality-initiative/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221614Z LAST-MODIFIED:20260613T043035Z UID:10005960-1814356800-1814356800@sc.cpa SUMMARY:(SSTX167/27) 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\n\nDescribe the process of estate administration\, including the basics of creating the estate\n Identify the steps to take immediately upon the death of the decedent\n State the problems and pitfalls associated with the distribution of estate assets\n Know what to do when faced with legacies of solvent and insolvent estates\n\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/sstx167-27-surgents-how-to-settle-an-estate-an-overview/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221614Z LAST-MODIFIED:20260613T043038Z UID:10005961-1814356800-1814356800@sc.cpa SUMMARY:(SSTE102/27) Surgent's Introduction to AI in Accounting DESCRIPTION:Event Description\nThis course introduces the foundational concepts of artificial intelligence (AI) and AI’s relevance to accounting. Participants will explore various AI applications and understand the benefits\, challenges\, and future trends associated with AI integration in accounting. Case studies of successful AI implementation in accounting firms are included to enhance learning. \nDesigned For\nCPAs and accountants at all levels seeking a greater understanding of artificial intelligence \nObjectives\n\nUnderstand the fundamental concepts of AI and its relevance to accounting\n Explore various AI applications in accounting and finance\n Identify the benefits and challenges associated with integrating AI into accounting processes\n Examine case studies of successful AI implementation in accounting firms\n Discuss the future trends and potential impacts of AI on the accounting profession\n\nMajor Subjects\nUnderstanding narrow AI vs. general AI Machine learning (ML)\, deep learning (DL)\, neural networks Natural language processing (NLP) and its role in accounting AI applications in accounting and finance Automated data entry and processing Expense management automation AI-driven audit support and compliance monitoring Financial forecasting and risk assessment Benefits and challenges of integrating AI Enhancing efficiency and accuracy in accounting processes Ethical considerations and risk management in AI adoption Overcoming resistance to AI implementation within firms Lessons learned from AI-driven transformations in finance departments Predicting AI’s influence on the future of the accounting profession Preparing for the evolving role of accountants in an AI-enhanced environment \nInstructions\nNone URL:https://sc.cpa/event/sste102-27-surgents-introduction-to-ai-in-accounting/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221615Z LAST-MODIFIED:20260613T043046Z UID:10005962-1814356800-1814356800@sc.cpa SUMMARY:(SSOT132/27) Surgent's HIPAA: What Accountants and Other Practitioners Need to Know DESCRIPTION:Event Description\nIn 1996\, Congress passed the Health Insurance Portability and Accountability Act\, commonly referred to as HIPAA. HIPAA’s stated purpose was to provide Americans with privacy measures designed to protect personal healthcare-related information. Yet soon after it became law\, critics argued that HIPAA “lacked teeth”\, noting that the only remedy for violations of the law was to report the wrongdoer to the Department of Health and Human Services.Congress strengthened HIPAA in 2009 when it passed the Health Information Technology for Economic Clinical Health Act (“HITECH”). Under HITECH\, entities subject to HIPAA are now required to maintain specific physical\, administrative\, and digital protection procedures. HIPAA now imposed many other requirements for those affected by the law\, such as requiring breaches of patient information be reported to affected parties in a timely manner. Further\, the law substantially increased the fines that HIPAA-covered entities must pay for violations.It is imperative that accountants and financial professionals familiarize themselves with HIPAA’s requirements. Under HITECH\, businesses must comply with HIPAA’s data privacy guidelines if they work with HIPAA-covered businesses; that is\, any business in the healthcare industry. Professionals who are not familiar with HIPAA fundamentals run the risk of subjecting themselves and their company to civil liability and severe penalties. \nDesigned For\nAnyone in the accounting or financial services profession who seeks to understand HIPAA and how it impacts their practice. Also\, accounting and financial professionals who counsel individuals or business owners that are considered HIPAA-covered businesses \nObjectives\n\nUnderstand HIPAA’s requirements and how they apply to accounting and other professionals\n Understand methods to employ to reduce chances of violating HIPAA’s provisions\n Recognize how HIPAA intersects with the work of accountants and similar professionals who advise individuals and businesses\n\nMajor Subjects\nA basic overview of the requirements imposed by HIPAA on professionals What businesses and individuals are subject to HIPAA Best practices for HIPAA compliance Issues unique to accounting and finance professionals concerning HIPAA Recognize common areas of liability under HIPAA \nInstructions\nNone URL:https://sc.cpa/event/ssot132-27-surgents-hipaa-what-accountants-and-other-practitioners-need-to-know/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221616Z LAST-MODIFIED:20260613T043049Z UID:10005963-1814356800-1814356800@sc.cpa SUMMARY:(SSTX352/27) Surgent’s Weekly Expert Hour (Original Air Date: 9/12/24) 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\nRollover and transfer rules for IRA beneficiaries Discussion of beneficiary movements Two-year report on the Inflation Reduction Act \nInstructions\nNone URL:https://sc.cpa/event/sstx352-27-surgents-weekly-expert-hour-original-air-date-9-12-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221617Z LAST-MODIFIED:20260613T043052Z UID:10005964-1814356800-1814356800@sc.cpa SUMMARY:(SSTX112/27) Surgent's Section 199A: Applications and Challenges DESCRIPTION:Event Description\nSection 199A has been with us since the Tax Cuts and Jobs Act of 2017 was passed. Your clients look to you for explanations and best practices to maximize the 20 percent deduction. Pass-through entities and real estate investors stand to benefit from valuable tax cuts. The average practitioner cannot afford to be uninformed on the requirements of S199A. This program incorporates the experiences of many tax practitioners since the creation of S199A related to the calculation and application of this deduction. This course will cover all relevant facets and nuances of the deduction\, as well as implementation issues and lessons that will be useful in advising clients this year. This program will include all relevant IRS guidance. \nDesigned For\nAny tax practitioner wishing to understand and apply the S199A deduction \nObjectives\n\nUnderstand the 20 percent deduction for pass-through entity owners\n Implement the benefits of this deduction for income tax returns\n Understand the impact of the possible expiration of Section 199A in 2025\n\nMajor Subjects\nChanges to Section 199A in the One Big Beautiful Bill Act of 2025 The latest guidance from the IRS provided through regulations or administrative announcements Taxpayers that own multiple entities and aggregation rules Calculating qualified business income The latest guidance on specified trades or businesses Taxable income limits on specified service trades or businesses Maximizing the 20 percent deduction for pass-through entities and Schedule Cs Accounting for negative QBI Whether particular tax entities offer a greater Section 199A deduction Whether the owner of a Schedule E with net rental income can claim the Section 199A deduction A look to the future. Will Section 199A survive? \nInstructions\nNone URL:https://sc.cpa/event/sstx112-27-surgents-section-199a-applications-and-challenges/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221617Z LAST-MODIFIED:20260613T045123Z UID:10005965-1814356800-1814356800@sc.cpa SUMMARY:(SSAA228/27) Surgent's Understanding the High-Stakes Mega Issues in A&A Today DESCRIPTION:Event Description\nWith so much of significance going on currently in the world of A&A today\, you need to be able to make sense of the key drivers of our profession. In this course\, we will review the key aspects of the events that are impacting practitioners and financial statement preparers alike.Specifically\, because technology is rapidly transforming our profession\, we’ll review current trend and risks related to technology. Next\, while many COVID-19 accounting considerations have passed\, the issue of going concern is likely to last for the next several accounting periods. We’ll review the disclosure and reporting issues related to this complex topic. With the private company implementation date for ASC 842 now here\, we’ll review the new lease accounting guidance. Then\, we’ll wrap up the course with a discussion of peer review findings and engagement quality initiatives. \nDesigned For\nPracticing CPAs and their staffs\, both in public accounting and business and industry – controllers\, accountants\, and other financial accounting personnel involved in financial statement preparation and review \nObjectives\n\nUnderstand and apply the FASB’s new revenue recognition standard\, Topic 606\n Review the FASB’s new lease accounting guidance\, ASU No. 2016-02\n Recall the relevant accounting guidance related to financial and non-financial asset impairment\n Identify the appropriate accounting model to account for the restructuring of debt and other borrowing agreements\n\nMajor Subjects\nAccounting and operational impacts of adopting Topic 606 Accounting and operational impacts of adopting ASU No. 2016-02 Impairment of both financial and non-financial assets Accounting for debt restructurings \nInstructions\nNone URL:https://sc.cpa/event/ssaa228-27-surgents-understanding-the-high-stakes-mega-issues-in-aa-today/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221714Z LAST-MODIFIED:20260613T045126Z UID:10005966-1814356800-1814356800@sc.cpa SUMMARY:(SSAA273/27) Surgent's The Accountant as the Expert Witness DESCRIPTION:Event Description\nAs litigation becomes more complex\, attorneys are relying more on accountants to serve as consulting experts or expert witnesses at trial. Serving as an expert witness is not as difficult as you might expect. Accounting experts educate lawyers and jurors on issues such as valuation\, tax liability\, and forensics. Learn how accountants become expert witnesses\, the role they play during pre-litigation through to trial\, and the techniques experts employ to avoid challenges from opposing counsel. \nDesigned For\nAccountants seeking to understand the litigation process and accountants who already serve as expert witnesses or wish to do so \nObjectives\n\nUnderstand how to become qualified as an expert witness\n Learn skills that experts use during deposition and trial to support their conclusions\n Understand the litigation process and the role accountants play in moving a case forward through to trial\n\nMajor Subjects\nBecoming qualified as an expert witness Best practices for testifying at trial Understanding the different roles accountants can play in litigation Working with attorneys to prepare and present a case at trial The role of experts in commercial versus personal injury litigation Confidentiality orders Compensation for expert witnesses Preparing for and attending depositions Daubert challenges to experts Expert reports The role of experts in antitrust\, securities litigation\, and professional liability cases Credibility as a witness \nInstructions\nNone URL:https://sc.cpa/event/ssaa273-27-surgents-the-accountant-as-the-expert-witness/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260615T114513 CREATED:20260612T221715Z LAST-MODIFIED:20260613T045127Z UID:10005967-1814356800-1814356800@sc.cpa SUMMARY:(SSAA264/27) Surgent's Surging Auditors: Wally’s Warehouse DESCRIPTION:Event Description\nDuring this interactive game\, participants take the role of an auditor performing a physical inventory observation at a client’s warehouse. Participants will have the opportunity to use their powers of observation and exercise professional skepticism in identifying areas of risk that might need follow-up\, interviewing Wally the client\, and performing inventory test counts. After performing the test counts\, participants will evaluate the results. \nDesigned For\nAccounting professionals new to taking inventory observations \nObjectives\n\nUse your powers of observations and exercise professional skepticism to identify issues related to the physical inventory observation;\n Identify high value questions to ask the client prior to performing the test counts;\n Perform procedures to test the existence\, completeness\, and accuracy of the physical inventory count;\nEvaluate the results obtained from the test counts performed\n\nMajor Subjects\nObservation and professional skepticism Interviewing the client Performing test counts Evaluating the results obtained \nInstructions\nNone URL:https://sc.cpa/event/ssaa264-27-surgents-surging-auditors-wallys-warehouse/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR