With the final Tax Cuts and Jobs Act now signed by President Trump—and many clients already asking their accountants what they should do this year in light of the bill’s provisions—Surgent’s internal team of tax experts has prepared an all-new professional education course, Critical Tax Reform Update for CPAs: The Tax Cuts and Jobs Act (TACT). This new tax reform webinar first aired live on Friday, December 22nd, with subsequent dates in December and throughout January.
The live webinar will be presented by a panel of Surgent’s experts, who will provide CPAs and tax practitioners with a deep understanding of what’s in the final tax reform bill, as well as ways to effectively communicate how the final changes will impact individual and business clients.
The four-hour course will cover the new law in a highly practical way so attendees will fully understand the changes and appreciate the impact of:
- 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 to this new tax reform webinar, Surgent CPE is already updating its comprehensive 2018 curriculum to accurately reflect the tax reform changes and provisions that will soon go into effect.
Surgent CEO Evan Kramer explained, “Surgent has always focused on providing practical, valuable professional education that CPAs and other tax and accounting professionals need to be effective, versus delivering CPE credits just for compliance. Now that this incredibly comprehensive tax reform bill is on the verge of becoming law, we look forward to educating CPAs and tax practitioners about the far-reaching impacts to their businesses and clients.”ti
CPAs, accountants, and tax practitioners may register for this new tax reform webinar, Critical Tax Reform Update for CPAs: The Tax Cuts and Jobs Act (TACT) on Surgent’s website. The course began airing on Friday, December 22nd and will continue with dates throughout December and January. Please check our site often for additional tax reform CPE courses.