the first in-depth coverage of the new tax act
DEVON, Pa. (PRWEB) January 05, 2018
Signed into law on December 22nd, the Tax Cuts and Jobs Act has CPAs scrambling to understand the extremely far-reaching law and be prepared to answer an onslaught of client questions about the provisions’ impacts. Surgent CPE first aired its live, “Critical Tax Reform Update for CPAs: The Tax Cuts and Jobs Act” webinar on the same day the bill was signed, with subsequent airings nearly every day in December and January.
Featuring a panel of its own tax experts, Mike Tucker, Ph.D., LL.M., J.D., CPA, Bob Lickwar, CPA, and attorney Eric Fischer, Surgent’s webinar provides CPAs and tax practitioners with a deep understanding of what’s actually included in the tax reform law and how these changes to the tax code (the most significant changes in more than 30 years) will impact individual and business clients.
More than 10,000 CPE credit hours have already been issued to attendees of the new online course, to CPAs from more than 40 states and six countries. Attendees have enthusiastically reviewed the course, praising how quickly Surgent’s team was able to produce such a comprehensive, practical, and informative program. One attendee commented that, “this was the first in-depth coverage of the new tax act that I found.”
Other attendees appreciated the content and presenters, including one attendee who liked the, “extremely relevant material and great rapport between speakers.” Still another attendee found that each panelist added to the learning, stating that, “the attorney in particular seemed well-versed on the changes in the law and the background for the changes, which provided a helpful and unique perspective on things. Both CPAs offered practical client-focused advice.”
The four-hour live webinar helps attendees fully understand and be able to articulate the impact of the changes including:
- Reduction in individual and corporate tax rates
- Taxation of pass-through entities
- Deduction of home mortgage interest
- State and local tax deductions
- New alimony rules
- Repeal of the Obamacare individual mandate
- Standard deduction and itemized deductions
- Child tax credit
- Use of §529 accounts
- Survival of personal AMT and repeal of corporate AMT
- Estate and gift tax
- New limitations on business losses
- New depreciation rules and §179 expensing
- Business interest
- Modification of NOL rules
- New credit for employer-paid family and medical leave
- Repatriation of foreign funds
In addition, Surgent CPE is already producing more webinars and self-study CPE courses on additional aspects of the law. For example, a new course on section 199a will begin airing next week.
Surgent CEO Evan Kramer explained, “Surgent is proud to be the professional education provider that CPAs trust to bring them the very best content – before anyone else. The fact that we so consistently deliver new courses before any of our competitors is a testament to the expertise and commitment of our in-house team of writers, editors, and Discussion Leaders.”
ABOUT SURGENT CPE
A fast-growing company with a 30-year history of leadership in accounting, finance, and tax education, Surgent CPE has become known as one of the most trusted providers of the Continuing Professional Education that CPAs need to earn each year to maintain their professional credentials. Surgent CPE has issued more than 5.6 million CPE credits to tens of thousands of accounting professionals across the U.S. and abroad through live seminars and online courses.
For more information, please visit https://www.surgentcpe.com/