In this Firm Spotlight, we chat with Claudia Albelais about what inspired her to study accounting, her internship with R&A CPAs, and how their support inspired her to join the firm full time as an Assurance Supervisor. R&A CPAs has been providing comprehensive accounting and advisory services since 1942. Based in Tucson, Arizona, this firm […]
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Firm Spotlight: Landmark CPAs
In this Firm Spotlight, we interviewed Staff Accountant Dustin Flaspohler of Landmark CPAs in Fort Smith, Arkansas, about how he became involved in accounting, what sets Landmark CPAs apart from the rest, and how they foresee technology impacting the accounting industry. Landmark CPAs has been in operation for over 60 years, earning clients’ trust by […]
The Current Thinking on Student Loan Repayment – Relief or Windfall?
The IRS recently announced it was expanding aid to taxpayers indebted to federal or private student loans for attendance at both non-profit and for-profit schools. Rev Proc 2020-11 issued January 15, 2020, and it provides safe harbor relief against income recognition after loan discharge for the following three specific situations. Any taxpayer whose private student […]
Final QOZ Regs Provide Guidance to Taxpayers
By: Rachel Parsia, CPA and Nick Spoltore, Esq. It is that dreaded time of the year. The holidays are over. No longer is it socially acceptable to wake up and eat a plate of candy and cookies for breakfast. Even worse, busy season is looming just around the corner. But fear not, there is one […]
The Increasingly Difficult Funding Issues Behind Long-term Care and College Saving
Stressors abound in our increasingly hectic days. Two worrisome issues that seem to be front and center in our lives today are long-term care and paying for college. So here at Surgent, we decided to put together an informative webinar on these two emerging practice areas. They’re topics that represent increased billables among practitioners, yet […]
SECURE Act Included in Year-End Spending Package
After months of stalled progress in the Senate, Congress passed the Setting Every Community Up for Retirement Enhancement Act (“SECURE” Act). This bill was attached to H.R. 1865, the “Further Consolidated Appropriations Act, 2020,” a $1.4 trillion year-end spending bill that funds the Federal Government through September 30, 2020. President Trump signed the bill into […]
SALT-y High-Tax States File Appeal
The Tax Cuts and Jobs Act of 2017 (“TCJA”) was the most comprehensive overhaul of the Tax Code in over 30 years, but one of the most controversial changes was the limitation of the State and Local Tax (“SALT”) deduction. Prior to tax reform, taxpayers who itemized their deductions were eligible to deduct 100% of […]
Do Yourself and Your Clients a Favor – Attend Surgent’s Virtual Tax Conference 2019
It’s that time of year again. No, we’re not talking candy canes, presents under the tree, and the subsequent cherub in a top hat, sash, and diaper as Baby New Year in January, 2020. We are talking about our annual Virtual Tax Conference. This year’s offering should not be missed by any CPA or tax […]
Firm Spotlight: Fairman Group Family Office, Chesterbrook, PA
Our Firm Spotlight series aims to highlight exemplary accounting organizations across the country. This week we focus on The Fairman Group Family Office, based in Chesterbrook, Pennsylvania. This firm provides a full range of wealth management and tax advisory services to high net worth individuals and families in the Philadelphia area. Their experts holistically view […]