Category Archives: Industry News

“The numbers side of accounting is easy. The people side is hard.” That’s the lesson David Peters learned from a mentor early in his career, and it’s at the heart of his Surgent CPE course, “How Our Economy and Markets Perform in Election Years.” Contentious campaigns, roiling economic cycles, volatile financial markets and rampant misinformation […]

Exclusive live events and on-demand webinars during International Accounting Week offer insights into emerging AI, financial reporting and tax planning strategies, including a free Weekly Expert Hour exploring post-election tax changes.  RADNOR, Pa. (Oct. 16, 2024) — Surgent Accounting & Financial Education, a division of KnowFully Learning Group, is excited to announce the inaugural Surgent Knowledge […]

RADNOR, Pa. (April 16, 2024) — Surgent Accounting & Financial Education, a division of KnowFully Learning Group, today announced the introduction of 13 new continuing professional education (CPE) courses set to debut this spring, expanding its industry-leading content library. “Coming out of tax season, we want to provide our customers a wide array of choices […]

First, Congress halted a pandemic-era pause on student loan repayments. Then, the U.S. Supreme Court struck down the Biden Administration’s student loan forgiveness plan.   Suddenly, 43 million Americans holding $1.75 trillion in debt were left wondering what to do, and so were tax preparers. In this churning landscape, student loan repayments are now, more than […]

The world of tax and accounting is changing rapidly, and with it, so is the landscape of continuing professional education (CPE). As technology continues to evolve, it is becoming increasingly important for tax professionals to stay up-to-date with the latest tools, techniques and trends in the industry. In this article, we will explore the CPE […]

CPE Blog Does AI have a place in accounting

Data. Spreadsheets. Columns and rows of numbers. Accountants spend their days manipulating figures and trying to extract meaning. It’s time well spent in pursuit of solutions that benefit clients looking to you for counsel. Now, the transformative power of artificial intelligence is rippling through businesses, and that includes accounting. AI offers a tool for unlocking […]

Surgent course helps tax professionals conquer Inflation Reduction Act

Surgent’s first-to-market CPE course covers the IRA’s new tax provisions in detail, equipping participants to properly advise their individual and business clients if and how the tax changes impact their tax planning.

Last year, the IRS announced new Schedules K-2 and K-3 for the 2021 tax year. These schedules were introduced to standardize the reporting of international tax items that were previously reported on Schedule K-1. The IRS published updated instructions for Forms 1065, 1120-S and 8865 on Jan. 18, 2022, stating that entities with no foreign […]

Is the Build Back Better Act (BBB) going on a diet? President Biden’s $2.2 trillion spending proposal is showing signs that it’s too big to squeeze through the doors of the U.S. Senate, but advocates believe that losing a few pounds – er, dollars – is just what it needs to win final approval. The […]

Surgent CPE ASC 842 Tips

On Nov. 10, the Financial Accounting Standards Board (FASB) considered a request for a further two-year delay in the effective date of ASC Topic 842, Leases, for entities which have not yet adopted the new standard. The board voted 7-0 to not provide an additional deferral of ASC 842’s effective date. With this decision, the […]