The IRS issued Revenue Procedure 2019-38 on September 24th, 2019, finalizing a safe harbor under Section 199A for rental real estate owners to claim a qualified business income deduction of up to 20%. Defining “Rental Real Estate Enterprise” For the real estate business to qualify for the safe harbor, it must meet the definition of […]
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IRS Finalizes New Bonus Depreciation Regulations
The IRS finalized a new law for depreciation under the Tax Cuts and Jobs Act (TCJA), allowing businesses to immediately expense more qualified property. The final regulations put into effect the August 2018 proposed regulations but include some modifications. The final regulations include expensing of section 179 property, an increase in bonus depreciation from 50% […]
8 Common Tax Problems Every Tax Preparer Should Be Ready For in 2020
2018 had some major tax changes due to the Tax Cuts and Jobs Act. And while we’re still recovering from these changes (or still working through them with our extended filers), it’s time to start looking into what tax problems we’ll be working with for the 2019 tax year. Most of the changes to the […]
PRESS RELEASE: Surgent Launches ExamMatrix to Aid Throughout the Designation-Seeking Process
At the start of your credential-seeking journey, you may have experienced some confusion or lack of professional guidance regarding what steps you should take on your journey toward becoming an accounting professional. With the help of our fledgling website, ExamMatrix, up-and-coming finance professionals will be able to access a wealth of information and resources that […]
Surgent Partners with NAEA to Create Pathway to EA Program
Surgent Professional Education and the National Association of Enrolled Agents (NAEA) recently announced the Pathway to EATM Program. The goal of this partnership is to shine a light on this in-demand career. The Pathway to EA program is designed to increase the amount of enrolled agent candidates, and improve candidate’s Special Enrollment Exam (SEE) pass […]
Why You Should Earn You Enrolled Agent Credential Before July 2019
IRS Delays EA Exam Changes, Extending Deadline to Test on 2017 Tax Law If you’re considering becoming an Enrolled Agent, now is the time. That’s because the IRS announced on March 1, 2019 that the annual revisions to the Special Enrollment Examination, also known as the Enrolled Agent Exam or EA Exam, will be delayed […]
How to Become an Enrolled Agent: Your Step-by-Step Guide
If you’re a tax preparer looking to take your skills to the next level, or if you’re looking for a new, fulfilling career working with and helping other people, or even if you’re a seasoned CPA looking to add a more tax-focused and nationally-recognized credential to your repertoire, you may want to consider earning your […]
Press release: Surgent CPA Review announces hiring of Ryan Hirsch as director of market development
Hirsch will be responsible for increasing market development of Surgent’s University Pass product to accounting professors and major university accounting programs. Surgent CPA Review is proud to announce the hiring of Ryan Hirsch as Director, Market Development (MDM), Universities. Hirsch will be responsible for increasing the awareness and market penetration of Surgent’s University PASS (UPASS) […]
Surgent Ambassador Spotlight: Brennan Burke
This month’s Surgent Ambassador Spotlight goes to… Brennan Burke Hometown: Sylva, North Carolina Earning her bachelor’s degree in accountancy at Western Carolina University About the Ambassador Program The Surgent CPA Review’s Student Ambassador Program is a leadership program that offers students an opportunity to enhance their business skills, gain exposure to the accounting industry, […]