Category Archives: Tips & Resources

federal tax update video

With the amount of tax updates coming down the pipeline this year, Forbes tax policy blogger Tony Nitti, CPA, shares on this video why 2017 is not the year to put off completing your Federal Tax Update CPE requirement.

standard

ASU No. 2016-02, Leases (Topic 842), the new lease accounting standard, is here. In this post, we highlight 10 items for consideration as you plan to adopt this standard.

1098-T

Eligible educational institutions often file Form 1098-T. Should you receive this form, here are four common errors to watch for, and how to interpret them.

middle income estate planning

Too often, middle income clients fail to seek the advice of a CPA because they’ve been taken in by two common myths. We know these are myths because every year, our estate planning discussion leaders present courses packed with practical tips and creative strategies that can be used for and with middle income clients. We’ve picked five of those tips to share with you.

SSAE No. 18

With the effective date of both SSAE No. 18 and SSARS No. 23 just around the corner, now is the time to get up to speed on attestation engagements and the changes brought about by these new standards.

not-for-profit-closed-door-fraud

Charlie Blanton, CPA, expert in fraud and abuse in not-for-profit entities and governments, offers his advice for not-for-profits when it comes to fraud protection.

files-tax-audit

No business owner wants to be faced with an IRS audit, and some may never have to, but if you receive a tax audit notice, be prepared with these 5 tips.

contract-signature

With ASU No. 2016-20, Technical Corrections and Improvements to Topic 606, Revenue From Contracts With Customers, the FASB continued its response to implementation challenges and requests for clarifications received from the Transition Resource Group (TRG). The TRG, the group of practitioners, accountants and financial statement preparers tasked with vetting questions concerning Topic 606, Revenue from […]

2016-tax-developments-in-review

As we close out 2016 at Surgent Professional Education, we’ve rounded up some of the most impactful tax developments of 2016 – a monumental election year that delivered a push-and-pull of amendments, policy developments, and news bulletins. Keeping in mind the looming possibility of tax reform in 2017, we’ve also highlighted the areas we’re watching […]

accountants-cool

The reality is that accountants are a pretty cool bunch who have, over the years, contributed a whole lot more to society than just the double-entry bookkeeping system.