BEGIN:VCALENDAR VERSION:2.0 PRODID:-//South Carolina Association of CPAs - ECPv6.17.2//NONSGML v1.0//EN CALSCALE:GREGORIAN METHOD:PUBLISH X-WR-CALNAME:South Carolina Association of CPAs X-ORIGINAL-URL:https://sc.cpa X-WR-CALDESC:Events for South Carolina Association of CPAs REFRESH-INTERVAL;VALUE=DURATION:PT1H X-Robots-Tag:noindex X-PUBLISHED-TTL:PT1H BEGIN:VTIMEZONE TZID:America/Detroit BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20260308T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20261101T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20270314T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20271107T060000 END:STANDARD BEGIN:DAYLIGHT TZOFFSETFROM:-0500 TZOFFSETTO:-0400 TZNAME:EDT DTSTART:20280312T070000 END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0400 TZOFFSETTO:-0500 TZNAME:EST DTSTART:20281105T060000 END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041231Z CREATED:20260807T041230Z LAST-MODIFIED:20260807T041231Z UID:10007223-1814356800-1814356800@sc.cpa SUMMARY:(SSAA246/27) Surgent's Life After Adoption: Applying Topic 606 to Revenue Contracts on an Ongoing Basis DESCRIPTION:Event Description\nWhile the effective date of Topic 606 has passed for most entities\, there will always be a need for a comprehensive review of the accounting related to revenue recognition. Also\, if you are taking advantage of the FASB deferral of Topic 606’s effective date\, you are still completing your implementation plan. Whether you are looking to improve your revenue recognition processes\, benchmark your financial statement disclosures against your peer group\, or assess the impact of changes to your revenue recognition processes due to COVID-19\, this course will provide you with the information you need to apply Topic 606 in this current environment.This course will both provide the detailed review of the Topic 606 guidance\, including identifying and discussing those areas of Topic 606 implementation which were the most challenging for many entities. We will review the Topic 606 five-step revenue recognition model\, highlighting areas of nuance and significant judgment\, and focus on disclosure requirements under the new standard. Then we’ll focus on lessons learned from companies’ ongoing implementation of the new guidance\, focusing on ways to continue to enhance the recording of revenue\, the relevancy of the financial statement disclosures related to revenue\, and addressing common operational issues which arose with the adoption of Topic 606. Plus\, the course will point out the accounting impact of changes that many companies made to their revenue recognition approaches as a result of COVID-19.As public companies have already found out\, the application of Topic 606 is an evolving exercise\, with great opportunity to improve your original efforts by learning from the results of others. This course will provide the forum to do so. \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\nApply the FASB’s new revenue recognition guidance found in ASC Topic 606\n Describe the FASB’s new five-step revenue recognition model\n Discuss the presentation and disclosure requirements in the new standard\n Utilize hands-on examples and illustrations to increase your overall understanding and application of the material\n Comprehend industry and issue specific guidance related to revenue recognition\n Identify operational implementation issues related to adopting the new standard\n Recall best practices and feedback to enhance the subsequent reporting of revenue\n\nMajor Subjects\nASC Topic 606\, Revenue from Contracts with Customers The FASB’s new five-step revenue recognition model\, including hands-on examples and illustrations of the new guidance Presentation and disclosure requirements and examples Industry-specific implementation issues and guidance Best practices\, lessons learned and opportunities to improve on the reporting of revenue under Topic 606 going forward Accounting considerations related to COVID-19-driven changes to revenue recognition processes \nInstructions\nNone URL:https://sc.cpa/event/ssaa246-27-surgents-life-after-adoption-applying-topic-606-to-revenue-contracts-on-an-ongoing-basis/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041232Z CREATED:20260807T041231Z LAST-MODIFIED:20260807T041232Z UID:10007224-1814356800-1814356800@sc.cpa SUMMARY:(SSTX193/27) Surgent's The Essential Multistate Tax Update DESCRIPTION:Event Description\nWith the largest overhaul of the federal income tax code in 30 years and the repeal of the physical presence nexus standards for sales tax in the Wayfair case\, the states are working fast and furious to overhaul their tax laws. As some states scramble to fund their budgets\, they continue to look for additional forms of revenue. Plan to attend this fast-paced class that covers developing topics in state taxation\, ranging from individuals to pass-through entities to corporate taxpayers. This class will focus on issues of small and middle-market companies and offer guidance for minimizing tax liability and negotiating the treacherous waters of compliance. \nDesigned For\nAccountants who want an update on current multistate tax issues to minimize clients’ potential state and local tax liability \nObjectives\n\nUnderstand changes in state statutes\, regulations and case law\n Determine how the states will treat changes under the Tax Cuts and Jobs Act\n Identify areas that may require additional attention for state tax planning purposes\n Identify areas that may be costly for employers or clients\n Understand the who\, what\, when\, and where of nexus for income and sales tax\n\nMajor Subjects\nEmployees working in multiple states: Withholding issues (when to start and where to withhold) special issues depending on type of tax assessed in the state or locality Emerging sales tax topics: Elimination of the physical presence standard in determining nexus (Wayfair case); economic nexus for remote sellers; assisting remote sellers in determining a plan of action in states that enforce economic nexus Emerging compliance issues in the new sales tax economy Income Tax (and other forms of tax): Economic nexus (taxation without physical presence) Will states shift away from income tax and increase reliance on sales tax after Wayfair? Treatment of Tax Cuts and Jobs Act by the states: presence of intangible property; is P.L. 86-272 still valid? Pass-through problems: Nexus issues for interest owners Treatment of the 199A deduction for pass through entities by states: Withholding issues Practical considerations in dealing with multistate taxation: Dealing with state nexus questionnaires When to consider voluntary compliance: Responsibility of officers\, members\, partners\, and shareholders; planning ideas and opportunities; updates on pending federal legislation relative to state tax \nInstructions\nNone URL:https://sc.cpa/event/sstx193-27-surgents-the-essential-multistate-tax-update/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041233Z CREATED:20260807T041233Z LAST-MODIFIED:20260807T041233Z UID:10007225-1814356800-1814356800@sc.cpa SUMMARY:(SSTX230/27) Surgent's Real Estate Taxation: Critical Considerations DESCRIPTION:Event Description\nThis course is a ‘deep dive’ into many aspects involving the taxation of real estate for the mid-level practitioner moving into this complex area. You will deepen your understanding of the complex considerations and strategies that individuals must navigate in acquiring\, operating\, and selling real estate. You will leave the course able to navigate critical issues associated with the relevant returns and plan strategically for your company or clients. We will discuss in detail the impact that recent tax changes have had on the real estate industry\, as well as new credits that are available after the Inflation Reduction Act of 2022. \nDesigned For\nAccounting and Finance Professionals who advise clients or their company on issues related to the acquisition\, operating\, and selling of real estate \nObjectives\n\nUnderstand the most commonly used forms of ownership for real estate holdings and the scenario-based advantages and disadvantages of each\n Know and be able to apply the key considerations in determinations surrounding depreciation and recapture\, like-kind exchanges\, and the determination of passive activity losses\n Recognize how recent tax legislation impacts commercial real estate\n Recognize how recent tax legislation impacts homeowners\n Identify components for determing a property’s tax basis\n\nMajor Subjects\nComprehensive coverage of the One Big Beautiful Bill Act The impact of recent tax legislation on the real estate industry Depreciation and recapture Determining the basis when acquiring real estate Passive activity losses Calculation of gain or loss on sale of real estate Rental operations Installment sales \nInstructions\nNone URL:https://sc.cpa/event/sstx230-27-surgents-real-estate-taxation-critical-considerations/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041236Z CREATED:20260807T041236Z LAST-MODIFIED:20260807T041236Z UID:10007226-1814356800-1814356800@sc.cpa SUMMARY:(SSOT105/27) Surgent's Navigating AI Compliance: The EU AI Act for U.S. Finance and Accounting Leaders DESCRIPTION:Event Description\nThis course provides U.S.-based accounting and finance professionals with an in-depth understanding of the EU Artificial Intelligence (AI) Act\, the first comprehensive AI regulation in the world. It explores the Act’s key provisions\, including its risk classification framework\, compliance requirements for high-risk systems\, and transparency obligations. Participants will gain insight into how the Act affects organizations operating internationally and how to prepare for compliance challenges. Interactive activities are integrated throughout the course to reinforce key concepts. \nDesigned For\nCPAs and finance professionals in public accounting and industry\, including CFOs\, controllers\, financial managers\, and analysts who want to understand the EU AI Act and its implications for compliance\, governance\, and global operations \nObjectives\n\nExplain the scope and risk classifications of the EU AI Act\n Identify compliance requirements for AI systems and their applicability to U.S.-based operations\n Understand the implications of the EU AI Act for data governance\, documentation\, and human oversight\n Develop strategies to align AI systems with EU regulatory standards\n Recognize potential penalties for noncompliance and their significance for U.S. entities\n\nMajor Subjects\nIntroduction to the EU AI Act: background\, objectives\, global relevance\, and extraterritorial scope Key provisions and risk classifications: prohibited\, high-risk\, limited-risk\, and general-purpose AI systems; prohibited AI practices Compliance requirements for high-risk AI systems: technical documentation\, data governance\, and human oversight requirements; importance of risk management and transparency obligations Practical steps for U.S. professionals: strategies to align with EU compliance standards; anticipating future regulatory developments \nInstructions\nNone URL:https://sc.cpa/event/ssot105-27-surgents-navigating-ai-compliance-the-eu-ai-act-for-u-s-finance-and-accounting-leaders/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041345Z CREATED:20260807T041344Z LAST-MODIFIED:20260807T041345Z UID:10007227-1814356800-1814356800@sc.cpa SUMMARY:(SSTX117/27) Surgent's Technical Individual Practice Issues and Tax Forms for Experienced Practitioners DESCRIPTION:Event Description\nDon’t let the title frighten you. Experienced staff can get bogged down in busy season with advanced practice and reporting issues. With major legislation enacted over the past few years\, we bring you the distilled version of what you need to know for the current year and significant current proposals that may impact the tax landscape in future years or even retroactively. This course discusses the topics that experienced staff\, managers\, and partners should understand in depth while also assisting experienced staff in avoiding costly mistakes when facing complicated 1040 issues. The manual includes advanced examples and several advanced cases with “filled-in” forms provided with the complete answers. \nDesigned For\nAccounting and Finance Professionals in public accounting who prepare or review complex 1040 returns \nObjectives\n\nRecognize and understand how to handle advanced technical issues which arise in a professional practice and in preparing individual tax returns\n Complete the tax forms for selected issues\n\nMajor Subjects\nWhat’s NEW for this year – Items all practitioners must know Coverage of One Big Beautiful Bill Act; 1099-K reporting requirements; Qualified Business Income — Coverage of Section 199A including the real estate safe harbor; A tour of the most recent forms changes\, starting from gross income and ending with selected credits\, including the latest IRS guidance on significant recent tax legislation; How will clients (and practitioners) interact with IRS in the future and how the pandemic is steering the IRS to ramp up with digital communication efforts; Hot developments and current areas of interest; Virtual Currency and Digital Asset Taxation; Advanced practice\, reporting\, and other issues intertwined with advanced planning and discussion ideas; Form 6198 — At-risk basis: Detailed case study and discussion of how this form is to be used and when it needs to be filed; learn how basis and at-risk basis are different\, and why this is significant; Form 6252 — Installment sale income: A common tax area; however\, a case study and discussion of this topic includes advanced issues such as gain on reacquisition of installment sale property\, including worksheets on calculating gain & tax basis of reacquired property; Form 5329 — Additional taxes on qualified plans: Advanced study of how to avoid penalties Coverage of Section 1202 and Section 1045 transactions with examples;; \nInstructions\nNone URL:https://sc.cpa/event/sstx117-27-surgents-technical-individual-practice-issues-and-tax-forms-for-experienced-practitioners/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041347Z CREATED:20260807T041346Z LAST-MODIFIED:20260807T041347Z UID:10007228-1814356800-1814356800@sc.cpa SUMMARY:(SSBM115/27) Surgent's Improving Your Profits: Identifying Cost Cutting Opportunities DESCRIPTION:Event Description\nPart of one’s duty as a CPA working in industry is to safeguard the assets of the organization. Cost cutting is one way to preserve assets and maintain a company’s competitive position in the industry. However\, what keeps us from ridding our organizations of unnecessary costs? In this course\, we will look at the factors that prevent our companies from being as streamlined as they could be. By using statistics and survey data\, we will attempt to show how to better negotiate and navigate budgeting and contracting decisions. We will also discuss financial statement analysis techniques\, benchmarking\, and cash flow management in an effort to better cut costs and maintain the long-run viability of an organization. \nDesigned For\nCPAs\, CFOs\, and Controllers looking to improve profitability by streamlining expenses for their own organization or for their clients \nObjectives\n\nList behavioral biases that prevent companies from being streamlined\n Identify techniques that may be used to make cost cutting a part of the company’s culture and business strategy\n Describe techniques that may be used to discern whether additional headcount is necessary\n Demonstrate vertical and horizontal financial statement analysis\n List key considerations when benchmarking against competitors\n Describe contracting and negotiation techniques\n Discuss the business cycle and how cash flow management changes during each stage\n\nMajor Subjects\nWhat keeps companies from becoming streamlined?; Behavioral biases Information processing biases Emotional biases How to deal with behavioral biases; Connecting behavioral biases to cost cutting Creating a culture of cost cutting Rules of thumb for cost cutting; Managing headcount Post-COVID common areas of excess cost Budgeting techniques Budget variances Benchmarking Common size financial statements Horizontal analysis Negotiation and contracting techniques Cash flow and the business cycle \nInstructions\nNone URL:https://sc.cpa/event/ssbm115-27-surgents-improving-your-profits-identifying-cost-cutting-opportunities/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041353Z CREATED:20260807T041352Z LAST-MODIFIED:20260807T041353Z UID:10007229-1814356800-1814356800@sc.cpa SUMMARY:(SSTX284/27) Surgent's Virtual Currency: Keeping Up with the Tax Code DESCRIPTION:Event Description\nWhether you are an experienced veteran or new to the industry\, one of the toughest parts of being a tax practitioner is keeping up with all of the changes in tax legislation. This course takes a look at recent changes to tax law from a practitioner perspective. In this session\, we will explore the nuances of virtual currency and the new Form 8300 reporting requirements. \nDesigned For\nAccounting and finance professionals who advise on business income tax issues \nObjectives\n\nUnderstand which virtual currency transactions result in gains and losses for the taxpayer \n Recognize the difference in tax treatment between a hard fork and a soft fork \n Identify situations where a taxpayer needs to file Form 8300 \n\nMajor Subjects\nOverview of virtual currency Property transactions with virtual currency Receiving virtual currency as payment Paying using virtual currency Charitable donations with virtual currency Gifting of virtual currency Form 8300 reporting \nInstructions\nNone URL:https://sc.cpa/event/sstx284-27-surgents-virtual-currency-keeping-up-with-the-tax-code/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041409Z CREATED:20260807T041409Z LAST-MODIFIED:20260807T041409Z UID:10007230-1814356800-1814356800@sc.cpa SUMMARY:(SSTX220/27) Surgent's Select Estate and Life Planning Issues for the Middle-Income Client DESCRIPTION:Event Description\nClients think that estate planning only applies to the very rich. In truth\, there are many issues of critical concern for which the middle-income client needs to plan. This course is a must-attend for all Accounting and Financial Professionals who work with middle-income clients and are looking for ways to provide additional quality services. Updated for developments relative to estate tax changes. \nDesigned For\nAccounting and Financial Professionals who advise clients on estate planning \nObjectives\n\nUnderstand various documents used in estate planning\n Identify use of trusts and other financial arrangements\n Know what issues clients confront\, and potential solutions\n\nMajor Subjects\nChanges to the lifetime estate tax exemption in light of proposed regulations SECURE 2.0 updates More than 20 documents that should be reviewed that are neither a will nor trust Provisions you need in a will Trusts and other arrangements for children Durable powers of attorney for healthcare and for financial matters Realistic retirement goals Developments relative to estate tax\, and the implications for planning \nInstructions\nNone URL:https://sc.cpa/event/sstx220-27-surgents-select-estate-and-life-planning-issues-for-the-middle-income-client/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T041536Z CREATED:20260807T041535Z LAST-MODIFIED:20260807T041536Z UID:10007232-1814356800-1814356800@sc.cpa SUMMARY:(SSTX291/27) Surgent's Weekly Expert Hour (Original Air Date: 10/21/21) 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\nLegislative update (as of 10/21/21) TIGTA report #2021-30-042 Tax aspects of selling a home \nInstructions\nNone URL:https://sc.cpa/event/sstx291-27-surgents-weekly-expert-hour-original-air-date-10-21-21/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042017Z CREATED:20260807T042017Z LAST-MODIFIED:20260807T042017Z UID:10007233-1814356800-1814356800@sc.cpa SUMMARY:(SSTX249/27) Surgent's Buying and Selling a Business: Critical Tax and Structuring Issues DESCRIPTION:Event Description\nOne of the major transactions CPA clients are faced with is the purchase or disposition of a business. To help tax professionals advise those clients\, this course offers a comprehensive analysis of the business and tax aspects of buying and selling a business. It is a practical guide to help practitioners and industry CPAs understand structuring techniques. All CPAs\, including controllers and executives in industry\, should understand how difficult the process of buying and selling a business has become. \nDesigned For\nAll practitioners who will be involved in the sale of a business \nObjectives\n\nUnderstand the factors that must be considered for due diligence and developing a valuation \n Understand the goals and methods of negotiating the final purchase price \n Identify the different tax consequences of various forms of acquired businesses\, including the impact of the net investment income tax (NIIT) and the Section 199A pass-through deduction \n Appreciate Section 338 and Section 338(h)(10) elections and the benefits of installment sales \n Understand the impact of Section Section 751\, 734\, 743\, and 754 on the purchase or sale of a partnership \n Learn how strategies have changed under new tax legislation \n Understand the required reporting to the IRS regarding the purchase or sale of a business and how to complete the forms\n\nMajor Subjects\nAn overview of the business evaluation process Updates related to HR 1\, One Big Beautiful Bill Act Negotiation points and goals from buyer and seller standpoints An overview of confidentiality agreements\, memorandums of understanding\, and asset purchase agreements Recognizing the need for due diligence in acquisitions\, including checklists of important points Deemed asset sales – Section 338 and Section 338(h)(10) The use of F reorganizations in lieu of Section 338(h)(10) The impact of the Section 197 amortizable intangibles regulations on the acquisition and disposition of a business Allocating purchase price for tax advantage Impact of the net investment income tax (NIIT) and the Section 199A pass-through deduction on the tax due on the sale of a pass-through entity Changes in strategy under the new tax laws Liquidation as an alternative to the sale of a business Planning to avoid double taxation Special problems and opportunities when an S corporation is the buyer or seller Special problems and opportunities when a partnership is the buyer or seller Installment sale and interest issues Avoiding tax pitfalls and recognizing tax planning opportunities \nInstructions\nNone URL:https://sc.cpa/event/sstx249-27-surgents-buying-and-selling-a-business-critical-tax-and-structuring-issues/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042018Z CREATED:20260807T042018Z LAST-MODIFIED:20260807T042018Z UID:10007234-1814356800-1814356800@sc.cpa SUMMARY:(SSTX363/27) Surgent’s Weekly Expert Hour (Original Air Date: 12/5/24) 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\n2024 post-election updates Required minimum distributions for owners and IRA beneficiaries Signing up for an IP PIN and other IRS-related topics \nInstructions\nNone URL:https://sc.cpa/event/sstx363-27-surgents-weekly-expert-hour-original-air-date-12-5-24/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042020Z CREATED:20260807T042019Z LAST-MODIFIED:20260807T042020Z UID:10007235-1814356800-1814356800@sc.cpa SUMMARY:(SSTX132/27) Surgent's Key Partnership and S Corporation Tax Planning Strategies DESCRIPTION:Event Description\nMany of our clients are pass-through entities for which many of the general business strategies are subject to additional limitations. To provide the tax planning strategies for closely held business clients that will bring more revenue\, this course focuses on the special concerns and techniques the practitioner needs to thrive in this market. \nDesigned For\nAll tax practitioners\, both those working in public accounting as well as those in private industry\, who are responsible for tax planning for their clients and/or companies \nObjectives\n\nIdentify the advantages of\, and the tax issues involved with\, employing one’s spouse\n Discuss the tax issues and strategies that may be applicable to the client in employing one’s child to shift income and to avoid kiddie tax issues through earned income\n Describe the basis adjustments that are made to reflect LLC operations\n Discuss the basis limitation on the current deductibility of losses and the substantial economic effect and built-in gain limitations on how LLC income\, gains\, and losses may be allocated among members\n Explain the concept of a passive activity loss and material participation\n Identify what is an activity and when activities are or may be aggregated\n Explain the concept of amount at risk and to whom it applies\n Determine the amount at risk\n Distinguish qualified nonrecourse financing from other nonrecourse financings in the context of the amount at risk\n Discuss the requirements for a real estate professional\, and the effect of a taxpayer’s election to be treated as such for tax purposes\n Understand the tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares Identify who are related parties for purposes of special characterizations of property transactions\n Explain how and to what extent the gain on the sale of depreciable property will be characterized as ordinary income\n Describe when a loss will be disallowed on the sale of property\n Discuss the circumstances in which the sale of property at a loss to a partnership will be disallowed\n\nMajor Subjects\nTimely coverage of breaking tax legislation Tax consequences of retiring partners seeking liquidating distributions/redemptions and S corporation shareholders seeking the redemption of their shares At-risk and passive activity loss considerations Basis planning Related party transactions: making them work Income splitting and shifting with family can create considerable benefits Sale of ownership interest and NIIT considerations \nInstructions\nNone URL:https://sc.cpa/event/sstx132-27-surgents-key-partnership-and-s-corporation-tax-planning-strategies/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042022Z CREATED:20260807T042021Z LAST-MODIFIED:20260807T042022Z UID:10007236-1814356800-1814356800@sc.cpa SUMMARY:(SSBM113/27) Surgent's Increase the Efficiency of Your Organization DESCRIPTION:Event Description\nThere are only two things that any organization needs to accomplish for success: serve the customer well and do it efficiently. This short program will concentrate on the efficiency side\, which is always near and dear to the heart of the financial professional. We will develop a well-proven program to increase efficiency in a way that is both embraced by employees and has been found to work. By following this simple formula\, any organization can become more efficient. \nDesigned For\nCFOs\, controllers\, and financial professionals \nObjectives\n\nDevelop an efficiency program that is embraced by employees\n Understand how efficiency is a key to success\n Understand how incentives can improve efficiency\n Recognize how internal competition can improve efficiency\n Tap into employee creativity for efficiency\n\nMajor Subjects\nProven ways to measure costs in relation to objectives Develop methods to measure company and department objectives Use ratios to measure and improve efficiency Develop an incentive system that rewards efficiency \nInstructions\nNone URL:https://sc.cpa/event/ssbm113-27-surgents-increase-the-efficiency-of-your-organization/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042022Z CREATED:20260807T042022Z LAST-MODIFIED:20260807T042022Z UID:10007237-1814356800-1814356800@sc.cpa SUMMARY:(SSTX219/27) Surgent's Select Estate and Life Planning Issues for the Middle-Income Client DESCRIPTION:Event Description\nClients think that estate planning only applies to the very rich. In truth\, there are many issues of critical concern for which the middle-income client needs to plan. This course is a must-attend for all Accounting and Financial Professionals who work with middle-income clients and are looking for ways to provide additional quality services. Updated for developments relative to estate tax changes. \nDesigned For\nAccounting and Financial Professionals who advise clients on estate planning \nObjectives\n\nUnderstand various documents used in estate planning\n Identify use of trusts and other financial arrangements\n Know what issues clients confront\, and potential solutions\n\nMajor Subjects\nChanges to the lifetime estate tax exemption in light of proposed regulations SECURE 2.0 updates More than 20 documents that should be reviewed that are neither a will nor trust Provisions you need in a will Trusts and other arrangements for children Durable powers of attorney for healthcare and for financial matters Realistic retirement goals Developments relative to estate tax\, and the implications for planning \nInstructions\nNone URL:https://sc.cpa/event/sstx219-27-surgents-select-estate-and-life-planning-issues-for-the-middle-income-client/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042241Z CREATED:20260807T042241Z LAST-MODIFIED:20260807T042241Z UID:10007238-1814356800-1814356800@sc.cpa SUMMARY:(SSTX174/27) Surgent's Taking Advantage of Installment Sales DESCRIPTION:Event Description\nWhen real property is sold for a gain\, we always try to find ways to defer recognizing income so that it won’t be necessary to send a check to Uncle Sam. There is a provision within the Internal Revenue Code that allows the taxpayer to defer recognition of immediate taxable gain in the year of sale known as an “installment sale.” Knowing how and when to utilize this provision makes the Accounting and Finance Professionals very valuable to either their client or the entity they work for. We will also discuss recent proposals that could impact the future of this provision. \nDesigned For\nAccounting and Finance Professionals who either represent or work for entities that own real property \nObjectives\n\nUtilize the provisions of IRC Sec 453 to defer recognizing gain on the sale of real property via an installment sale\n\nMajor Subjects\nHow does the IRC define an installment sale under IRC Sec 453? When can a taxpayer utilize the provisions of IRC Sec 453? When should a taxpayer utilize the provisions of an installment sale and when should it be avoided? How does the issue of a dealer vs. a non-dealer impact the use of the installment sale method? Reporting an installment sale when related parties are involved Calculating an installment sale How has the Tax Cuts and Jobs Act impacted the use of the installment sale method? \nInstructions\nNone URL:https://sc.cpa/event/sstx174-27-surgents-taking-advantage-of-installment-sales/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042251Z CREATED:20260807T042250Z LAST-MODIFIED:20260807T042251Z UID:10007239-1814356800-1814356800@sc.cpa SUMMARY:(SSTX268/27) Surgent's The Complete Trust Workshop DESCRIPTION:Event Description\nThe use of trusts will continue to undergo changes in the current year. Clients need to be informed why planning is essential in these changing times. The purpose of this course is to explore the many beneficial issues of trusts\, an essential element in estate planning. This course gives insights and practical pointers concerning trusts of every shape and size after tax reform. Clients will be eager to review their estate plans in light of recent and proposed legislation. \nDesigned For\nAccounting and Financial Professionals who wish to have a complete understanding of the various uses of trusts \nObjectives\n\nIdentify the areas of trusts in connection with disability\, charity\, life insurance\, leveraging gifts\, principal residences\, and minors\n Understand the role played by a marital deduction trust and a credit shelter bypass trust\n Explain how trusts may protect assets and perpetuate family wealth over multiple generations\n\nMajor Subjects\nComprehensive coverage of The One Big Beautiful Bill Act Guide to legislative changes and their impact on trust planning Introduction to trusts with emphasis on typical provisions Revocable living trusts Common testamentary trust arrangements — Bypass trusts\, QTIP trusts\, and other marital trusts Asset protection trusts Sophisticated trusts for estate planning and asset transfer — GRATs\, GRUTs\, and QPRTs Charitable trusts — Charitable remainder trusts\, charitable lead trusts\, and pooled income funds Irrevocable life insurance trusts Medicaid trusts: special needs and Miller Trusts for minors — Sections 2503(b) and 2503(c)\, and other trusts Dynasty trusts Section 461(l) as applied to trusts and estates Trusts to hold S corporation stock Special problems of estates and trusts relating to the 3.8-percent tax on investment income and specific solutions Increased scrutiny of donor advised funds \nInstructions\nNone URL:https://sc.cpa/event/sstx268-27-surgents-the-complete-trust-workshop/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042257Z CREATED:20260807T042256Z LAST-MODIFIED:20260807T042257Z UID:10007241-1814356800-1814356800@sc.cpa SUMMARY:(SSTE149/27) Surgent's Improve Design and Productivity with Excel Tables DESCRIPTION:Event Description\nExcel tables are a fundamental feature that streamlines data organization\, analysis\, and visualization in Excel. Throughout this course\, you will discover how to transform raw data into elegant\, efficient\, and visually appealing tables. By harnessing the full potential of Excel tables\, you will be able to make better data-driven decisions and collaborate more effectively in various professional settings. Unlock the full potential of Excel tables to revolutionize the way you manage\, analyze\, and present data\, leading to improved efficiency and better decision-making in your personal and professional endeavors. \nDesigned For\nAny Excel user who wants to learn features within Excel to create better spreadsheets in a shorter amount of time \nObjectives\n\nUse Excel tables in most spreadsheets\n Apply features of Excel tables to create more accurate spreadsheets\n Identify ways to improve spreadsheet productivity by using Excel tables\n\nMajor Subjects\nWhat are Excel tables are and why are they important? How to create Excel Tables from scratch The art of sorting and filtering data within Excel tables to quickly identify patterns\, trends\, and outliers How Excel tables use structured reference formulas to create accurate calculations How Excel tables increase spreadsheet creation productivity \nInstructions\nNone URL:https://sc.cpa/event/sste149-27-surgents-improve-design-and-productivity-with-excel-tables/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042303Z CREATED:20260807T042302Z LAST-MODIFIED:20260807T042303Z UID:10007242-1814356800-1814356800@sc.cpa SUMMARY:(SSTX271/27) Surgent's Tax Forms Boot Camp: LLCs\, Partnerships\, and S Corporations DESCRIPTION:Event Description\nThe course provides a comprehensive\, hands-on\, pencil-pushing understanding of the preparation of both S corporation and partnership/LLC tax returns\, along with the underlying laws\, regulations\, etc. The course uses the basic concepts underlying the two main types of business returns\, 1120-S and 1065\, as building blocks for more complex concepts tax preparers should be aware of. The theoretical concepts are illustrated in comprehensive examples that incorporate the most up-to-date law changes and provisions. \nDesigned For\nAll levels of staff and company controllers responsible for filing these forms \nObjectives\n\nLearn in detail about the preparation of Form 1120-S\, Schedules M-1\, K\, and K-1\n Learn in detail about the preparation of Form 1065\, Schedules M-1\, K\, and K-1\n Identify and handle commonly found S corporation and partnership tax issues\n\nMajor Subjects\nUpdates related to HR 1\, One Big Beautiful Bill Act – incorporated throughout the material The tax consequences\, opportunities\, and pitfalls of operating a business as a partnership\, LLC\, or S corporation Reporting requirements and filing exceptions for Schedules K-2 and K-3 Form 7203\, S Corporation Shareholder Stock and Debt Basis Limitations Income tax laws for S corporations ranging from eligibility and election to tax return preparation\, stock basis\, and loss limitation issues Recognizing and handling special pass-through items of income and expense Preparing S corporation returns and reconciling book income to taxable income Preparing partnership returns and reconciling book income to taxable income What the transactional method entails and how to report partners’ capital accounts under this method Properly handling the tax treatment of distributions to shareholders\, partners\, or members The special restrictions and sanctions for tax year-end selection The basics of partnership and LLC formation and basis calculation Self-employment tax or NOT\, for each entity Filling in K-1s correctly for S corporations\, partnerships\, and LLCs. Major changes in K-1 reporting on both partnership and S corporation forms and content The most frequently used forms and schedules\, including some form oddities \nInstructions\nNone URL:https://sc.cpa/event/sstx271-27-surgents-tax-forms-boot-camp-llcs-partnerships-and-s-corporations/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042304Z CREATED:20260807T042303Z LAST-MODIFIED:20260807T042304Z UID:10007243-1814356800-1814356800@sc.cpa SUMMARY:(SSTX172/27) Surgent's Individual Income Tax Fundamentals DESCRIPTION:Event Description\nThis course will take new and administrative staff from the most basic concepts to a full understanding of individual tax return preparation — just in time for the crunch of busy season! Updated for impacts of recent legislation. The course builds from a strong technical foundation\, to prepare simple\, to moderate\, to complicated individual tax returns. \nDesigned For\nNew staff\, rusty or those returning to the profession\, who desire to prepare individual returns \nObjectives\n\nPrepare simple\, to moderate\, to complicated individual tax returns\n Learn complicated issues of filing status and dependency exemptions\n Understand issues with reporting capital gains transactions\n Complete targeted comprehensive problems related to Schedule A\, Schedule C\, Schedule D\, Form 4797\, and Alternative Minimum Tax\n Overview of passive activity rules\n Complete several tax returns; many schedules and worksheets; answers with filled-in forms are provided\n\nMajor Subjects\nEffects of recent legislation\, including The One Big Beautiful Bill Act SECURE Act 2.0; The Qualified Business Income deduction; Filing information\, filing status\, personal exemptions\, dependents\, the standard deduction\, etc.; Wages and salaries; Interest income\, dividend income\, mutual funds\, Social Security; Figuring tax; Basic income tax preparation\, Form 1040\, and Schedules 1 – 3; Capital gains and losses; Medical and dental expenses\, charitable contributions; IRA contributions and distributions; Distributions from qualified retirement plans\, pensions\, and annuities; Profit and loss from business or profession and self-employment tax; Depreciation; Rental income and expenses; Preparation of Schedules A\, B\, C\, D\, E\, and Forms 4562\, 4797\, and more; \nInstructions\nNone URL:https://sc.cpa/event/sstx172-27-surgents-individual-income-tax-fundamentals/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042305Z CREATED:20260807T042305Z LAST-MODIFIED:20260807T042305Z UID:10007244-1814356800-1814356800@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:20260807T042441Z CREATED:20260807T042441Z LAST-MODIFIED:20260807T042441Z UID:10007246-1814356800-1814356800@sc.cpa SUMMARY:(SSTX124/27) The Best Federal Tax Update Course by Surgent DESCRIPTION:Event Description\nIn this continually revised course\, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance\, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners\, both those working in public accounting as well as those in private industry\, who need the latest information on tax changes. Please Note: Due to content overlap\, it is recommended that this course NOT be taken together with BITU. \nDesigned For\nAccounting and Finance Professionals who need to know the latest tax law changes in all areas of practice\, whether newly licensed or a seasoned professional \nObjectives\n\nUnderstand the latest enacted tax law changes\n Understand strategies and techniques to use in light of tax changes\n Understand current cases and rulings affecting individuals and businesses\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; Digital Assets and Tax Implications – understand Form 1099-DA for reporting digital asset transactions\, along with updated IRS guidance on cryptocurrencies and broker responsibilities Artificial Intelligence – discover how AI and generative tools are transforming the tax profession Sale of Passthrough Entity Interests and Net Investment Income Tax – analyze the tax implications of selling interests in passthrough entities\, including relevant examples\, and how the Net Investment Income Tax (NIIT) applies to these transactions; 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 Practice aids\, including all the numbers applicable for the current year — inflation-adjusted amounts\, mileage rates\, retirement contributions\, and more Advanced practice\, reporting\, and other issues intertwined with advanced planning and discussion ideas \nInstructions\nNone URL:https://sc.cpa/event/sstx124-27-the-best-federal-tax-update-course-by-surgent/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042448Z CREATED:20260807T042447Z LAST-MODIFIED:20260807T042448Z UID:10007247-1814356800-1814356800@sc.cpa SUMMARY:(SSAA177/27) Surgent's Service Organization Control Reports – A User Auditor View DESCRIPTION:Event Description\nAs entities continue to oursource financially significant processes\, auditors will need to rely on third party assessments of the effectiveness of the controls over these processes. These assessments are called SOC1 reports. Understanding the scope\, level of testing and results of such reports is critical to the successful completion of any financial statement audit.In this course\, we’ll review the relevant information which auditors need to know about SOC1s\, including their professional standards guidance\, scope (Type 1 or 2)\, coverage and user auditor response to control deficiencies identified by the service auditor. \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 the types of business processes that are outsourced\n Identify when an auditor should request a SOC report\n Discuss with clients why it is important for management to obtain SOC reports on an ongoing basis\n Understand the role of the SOC report in an audit\n Identify the characteristics of SOC 1\, 2\, and 3 reports\n Perform the procedures necessary to evaluate a SOC report\n Prepare documentation to support the evaluation of a SOC report\n\nMajor Subjects\nTypes of SOC reports Uses of SOC reports by user auditors Characteristics of SOC reports Format of a SOC1 report Using a SOC1 report on a financial statement audit \nInstructions\nNone URL:https://sc.cpa/event/ssaa177-27-surgents-service-organization-control-reports-a-user-auditor-view/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042449Z CREATED:20260807T042448Z LAST-MODIFIED:20260807T042449Z UID:10007248-1814356800-1814356800@sc.cpa SUMMARY:(SSTX141/27) Surgent's Guide to Calculating S Corporation Shareholder Stock and Loan Basis DESCRIPTION:Event Description\nThis program discusses\, in a practical way\, how an S corporation shareholder calculates their stock and loan basis on Form 7203. Form 7203 is the IRS Form on which a shareholder is sometimes required to calculate their stock and loan basis. This topic is particularly important when an S corporation has a loss and the shareholders wish to know whether they are entitled to fully utilize the loss that has been allocated to them against their other income. \nDesigned For\nAny tax practitioner with S corporations or S corporation shareholders as clients \nObjectives\n\nCalculate an S corporation shareholder’s basis in his or her S corporation shares on Form 7203\n Understand and apply the S corporation shareholder loan basis rules\n\nMajor Subjects\nIntroduction to Form 7203 Introduction to the calculation of stock basis Introduction to the calculation of loan basis Taxable and nontaxable S corporation distributions to shareholders The election to reduce basis by deductible losses and expenses before reducing basis by nondeductible expenses \nInstructions\nNone URL:https://sc.cpa/event/sstx141-27-surgents-guide-to-calculating-s-corporation-shareholder-stock-and-loan-basis/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042451Z CREATED:20260807T042450Z LAST-MODIFIED:20260807T042451Z UID:10007249-1814356800-1814356800@sc.cpa SUMMARY:(SSAA204/27) Surgent's Lessons Learned: What a $53 Million Fraud Can Teach Us DESCRIPTION:Event Description\nThis course will take an in-depth look at the largest municipal fraud in U.S. history. What red flags did the auditors miss? What red flags did the bank miss? This course includes a conversation with former U.S. Marshal Jason Wojdylo\, who was an integral part of this case.This is the fourth of five 2-hour courses in Surgent’s Fraud Certificate Program. This program includes a combination of lectures\, animated videos\, and live interviews with white-collar offenders and whistle-blowers. Each course is designed to be engaging and informative and will enhance your understanding of fraud. \nDesigned For\nProfessionals who want to learn from a real-life fraud case to understand how to detect and prevent fraud in their organizations \nObjectives\n\nUnderstand the circumstances surrounding Rita Crundwell’s municipal fraud\n Use the lessons learned from that case to understand some of the characteristics of an effective internal fraud program\n\nMajor Subjects\nBackground of the Dixon\, IL fraud case Internal control weaknesses related to the $53 million fraud Lessons learned from this case \nInstructions\nNone URL:https://sc.cpa/event/ssaa204-27-surgents-lessons-learned-what-a-53-million-fraud-can-teach-us/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042454Z CREATED:20260807T042453Z LAST-MODIFIED:20260807T042454Z UID:10007250-1814356800-1814356800@sc.cpa SUMMARY:(SSTX207/27) Surgent's Getting Ready for Busy Season: Key Changes Every Tax Practitioner Should Know DESCRIPTION:Event Description\nGetting ready for busy season involves not only knowing what’s new for the current year but also understanding how the changing limits\, phaseouts\, and other rules apply to current-year returns. With OBBBA enactment over the past few years\, the present course will constitute a one-stop “shop” that brings you the essential individual tax information. In addition\, this course provides an up-to-date review of important tax form changes\, new tax forms\, new limitations\, key developments as they are reflected in the IRS forms\, IRS filing issues\, and deadlines that will be invaluable to attendees who prepare tax returns during busy season. \nDesigned For\nAny tax practitioner preparing or reviewing individual income tax returns for the current tax year \nObjectives\n\nUnderstand which income tax returns and schedules have changed for individuals and pass-through entities\n Identify the legislative\, administrative\, and judicial developments that affect the income tax returns and schedules of individuals and pass-through entities\n\nMajor Subjects\nTimely coverage of breaking tax legislation Comprehensive coverage of the One Big Beautiful Bill Act (OBBBA) The latest IRS guidance on recent tax legislation Hot developments affecting the upcoming tax season Review of new laws and changes in forms to provide a familiarity for the upcoming tax season Key new tax and practice developments and how they impact the current-year tax forms for individuals \nInstructions\nNone URL:https://sc.cpa/event/sstx207-27-surgents-getting-ready-for-busy-season-key-changes-every-tax-practitioner-should-know/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042456Z CREATED:20260807T042454Z LAST-MODIFIED:20260807T042456Z UID:10007251-1814356800-1814356800@sc.cpa SUMMARY:(SSBM123/27) Surgent's Project Management: Tips\, Tricks\, and Traps DESCRIPTION:Event Description\nRecent economic\, societal\, and political changes have shown us the need for numerous projects and the need to manage those projects in a unique way. Project management is a way of thinking highly recognized and practiced by large organizations\, but often neglected by the smallest companies and entrepreneurs. This course quickly discusses the basics of project management thought and practice and then spends the majority of the time exploring some of the greatest mistakes that can be made\, the ways to avoid them\, and some of the tricks that have been introduced into the discipline. In the program we will explore some of the specific types of project management as well as some of the available software programs to make the task of project management easier. \nDesigned For\nCFOs\, controllers\, and finance professionals \nObjectives\n\nUnderstand the importance of project management in parts of the financial function\n See how project management can help an individual executive better organize the department\n Review different types of project management and see which one or ones might be best for the department and organization\n Explore some of the project management software suited for the small to medium size enterprise\n\nMajor Subjects\nContrasting project management with operations management Reviewing organizational culture and how it applies to project management The various types of project management including Agile\, Scrum\, Waterfall\, Critical path\, and others Looking at risk management software and its application in different types of project management Managing and leading project management stakeholders \nInstructions\nNone URL:https://sc.cpa/event/ssbm123-27-surgents-project-management-tips-tricks-and-traps/ CATEGORIES:Self-Study Text END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042458Z CREATED:20260807T042457Z LAST-MODIFIED:20260807T042458Z UID:10007252-1814356800-1814356800@sc.cpa SUMMARY:(SSTE114/27) Surgent's Power BI Desktop: DAX Formulas\, Reporting\, and Visualizations DESCRIPTION:Event Description\nPower BI Desktop is the authoring tool for the Power BI Ecosystem and is an essential component of the Power BI ecosystem. Power BI Desktop is a free application that is available for download.This one-hour course will demonstrate the capabilities of Power BI Desktop as your company continues its journey to increasing its data skills and data literacy. \nDesigned For\nAnyone who wants to continue their data analytics journey with the data authoring tool of the Power BI Ecosystem – Power BI Desktop \nObjectives\n\nUnderstand where to find Power Query and Power Pivot in the PBI Desktop interface\n Be familiar with DAX (Data Analysis Expression) functions designed to work with a data model\n Explain the types of functions in DAX \n Understand data visualization – curated visualization for data storytelling\n Be familiar with AI visuals for exploratory analysis\n\nMajor Subjects\nDemonstration in Power BI Desktop of the following data tools: Power Query\, Power Pivot\, and Power View Skills demonstrated: DAX\, data visualizations including AI visuals\, and data storytelling Demonstration of DAX function types: Aggregation\, Iterator\, CALCULATE\, CALCULATE Modifiers\, Time Intelligence\, Ranking\, and Percentages Demonstration of how to curate a visual in PBI Desktop with a variety of formatting tools; visuals for exploratory analysis; and AI visuals for exploratory analysis \nInstructions\nNone URL:https://sc.cpa/event/sste114-27-surgents-power-bi-desktop-dax-formulas-reporting-and-visualizations/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042501Z CREATED:20260807T042500Z LAST-MODIFIED:20260807T042501Z UID:10007253-1814356800-1814356800@sc.cpa SUMMARY:(SSTX325/27) Surgent’s Weekly Expert Hour (Original Air Date: 5/26/22) DESCRIPTION:Event Description\nAs financial and tax professionals well know\, information overload is a constant struggle we face because things change quickly\, and the sheer number of changes being made on a daily basis is enormous. Of great importance to small and medium tax and advisory firms is differentiating between changes that are relevant to our practice and our clients and changes that are new but totally irrelevant. Distinguishing between the two is difficult and time-consuming. Mike Tucker and a team of experts are pleased to announce a new weekly series designed to eliminate the clutter and get you what you need to stay up to date and perform for your clients. We are all aware that the IRS\, along with other state and federal regulators\, is issuing guidance with increased frequency due to the coronavirus pandemic tax changes. New rules need to be analyzed\, dissected\, and explained more quickly than in days gone by so that our clients are kept informed of opportunities that may not last long. This weekly series will provide relevant and important tax and financial changes in a quick\, concise format.Each week\, Mike and his co-presenters will dispense news on current events impacting taxes\, finance\, and industry. The subject matter will differ each week and intermittently include topics such as Social Security and Medicare. The panelists will discuss personal and corporate tax matters as well as other late-breaking news related to practitioners’ personal finances and those of their clients.Every financial professional will benefit from this series. \nDesigned For\nFinancial professionals who wish to be up to speed on the latest news affecting themselves and their clients \nObjectives\n\nBe well informed on current topics impacting taxes\, finance\, and industry\n\nMajor Subjects\nInflation Adjusted U.S. Savings Bonds (I Bonds) Virtual Currency Transactions for 2021 Making a Late Section 754 Election Changes Affecting Tax Year 2021 Tax Returns Interest Rates and Lapse Assumptions \nInstructions\nNone URL:https://sc.cpa/event/sstx325-27-surgents-weekly-expert-hour-original-air-date-5-26-22/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042502Z CREATED:20260807T042501Z LAST-MODIFIED:20260807T042502Z UID:10007254-1814356800-1814356800@sc.cpa SUMMARY:(SSAA105/27) Surgent's Auditing Accounts Payable\, Accrued Expenses and Debt DESCRIPTION:Event Description\nThis module will discuss the audit of accounts payable\, accrued liabilities and typical debt arrangements found in nonpublic entities. Contingencies\, income taxes and more complex debt arrangements are covered in other modules. The audit of liabilities normally focuses on the timing of a purchase of an asset\, recognition of expense or recording of a deposit to recognize accounts-accounts payable and accrued liabilities\, GAAP requires that liabilities be recorded at the point of the passage of title to the goods or with the receipt of benefit from the performance of services. In the case of debt when the entity signs a loan or similar agreement and draws down funding a liability exists. In some cases\, the entity may be obligated for fees and such even when funds have not been drawn. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.) \nDesigned For\nAccountants responsible for auditing accounts payable\, accrued expenses and debt \nObjectives\n\nIdentify the accounting treatment for accounts payable\, accrued liabilities and debt typically found in less complex private entities and not-for-profits (more complex debt is discussed in another module)\n Identify the internal controls responsive to accounts payable\, accrued liabilities and debt\n Understand the risks involved in accounts payable\, accrued liabilities and debt at the assertion level\n Tailor the audit plan in response to assessed risk of material misstatement\n Evaluate results from a search for unrecorded liabilities\n Assess the propriety of accrued estimates\n Evaluate debt covenant compliance\n\nMajor Subjects\nAccounting basics for accounts payable\, accrued expenses and debt Risk associated with accounts payable\, accrued expenses and debt Key controls related to accounts payable\, accrued expenses and debt Procedures commonly used to audit debt\, including compliance with restrictive covenants \nInstructions\nNone URL:https://sc.cpa/event/ssaa105-27-surgents-auditing-accounts-payable-accrued-expenses-and-debt/ CATEGORIES:Self-Study Video END:VEVENT BEGIN:VEVENT DTSTART;TZID=America/Detroit:20270630T120000 DTEND;TZID=America/Detroit:20270630T120000 DTSTAMP:20260807T042735Z CREATED:20260807T042735Z LAST-MODIFIED:20260807T042735Z UID:10007255-1814356800-1814356800@sc.cpa SUMMARY:(SSAA134/27) 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/ssaa134-27-surgents-advanced-audits-of-401k-plans-best-practices-and-current-developments/ CATEGORIES:Self-Study Text END:VEVENT END:VCALENDAR