Surgent's Federal Tax Update
Overview
Both businesses and individual clients face major changes as a result of new legislation, and tax professionals face the considerable challenge of delivering effective planning advice and services to address this myriad of recent developments. This course addresses this challenge and also encompasses the latest cases and rulings applicable to individual and business clients. Continually updated to reflect enacted legislation. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BIT4.
Highlights
- Comprehensive 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 §179 deduction
- Changes to §174 R&E Expenditures
- Changes to §163(j)
- Form 1099/1099-K changes
- Qualified Small Business Stock Exclusion
- 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
- Advanced practice, reporting, and other issues intertwined with advanced planning and discussion ideas
Prerequisites
Experience with individual and business clients
Designed For
Accounting and Finance Professionals who need to know the latest tax law changes in all areas of practice
Objectives
- Understand strategies and techniques to use in light of new legislation
- Understand the latest enacted tax law changes
- Understand current cases and rulings affecting your clients
Preparation
None
Notice
This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Surgent Professional Education.
Leader(s):
Leader Bios
David Peters, Founder & Owner, Peters Professional Education LLC
David R. Peters, CPA, CFP, CLU, CPCU, MST, MBA
David Peters is the Founder and Owner of Peters Professional Education. He is registered with the U.S. Securities and Exchange Commission (SEC) as an Investment Advisor Representative (IAR) with Peters Financial LLC. He brings over 20 years of experience in financial services, including three years in the hedge fund industry and six years in insurance.
David was the first-ever Chief Financial Officer at Compare.com - a position he held for more than three years. David holds four master's degrees. contributes frequently to professional publications and is a nationally recognized CPE instructor and discussion leader for Surgent seminars and a former instructor for Don Farmer.
David received the AICPA Outstanding Facilitator Award in 2021, 2023, and 2024 as well as Surgent's Outstanding Discussion Leader awards in 2019 and 2022. He also co-authored the Virginia CPA Ethics course in 2018, 2019, and 2020, which is a requirement for all CPAs licensed in Virginia. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States.
Non-Member Price $209.00
Member Price $159.00