The Best Federal Tax Update Course by Surgent - Society of Louisiana Certified Public Accountants

Overview

In this continually revised course, tax advisors will be fully updated on the most recent enacted legislation and IRS guidance, as well as major trends on the horizon with a view toward planning considerations. This update course is designed for all practitioners, both those working in public accounting as well as those in private industry, who need the latest information on tax changes. Please Note: Due to content overlap, it is recommended that this course NOT be taken together with BITU.

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

Digital Assets and Tax Implications - understand Form 1099-DA for reporting digital asset transactions, along with updated IRS guidance on cryptocurrencies and broker responsibilities
Artificial Intelligence - discover how AI and generative tools are transforming the tax profession
Sale of Passthrough Entity Interests and Net Investment Income Tax - analyze the tax implications of selling interests in passthrough entities, including relevant examples, and how the Net Investment Income Tax (NIIT) applies to these transactions
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
Practice aids, including all the numbers applicable for the current year -- inflation-adjusted amounts, mileage rates, retirement contributions, and more
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, whether newly licensed or a seasoned professional

Objectives

Understand the latest enacted tax law changes
Understand strategies and techniques to use in light of tax changes
Understand current cases and rulings affecting individuals and businesses

Preparation

None

Notice

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

John Evanich Jr.

Leader Bios

John Evanich Jr.

John L. Evanich, Jr., CPA, is a retired tax partner, formerly with CohnReznick, LLP – the 10th-largest CPA firm in the country. For more than 40 years, John specialized in working with professional service businesses, LLCs, LLPs, and S corporations on tax planning and other tax matters important to them. John has represented taxpayers on hundreds of IRS appeals and court petitions. With over 40 years of experience in public accounting, John is a past president of the Connecticut Society of CPAs (CTCPA), a past member of their Board of Governors, and a former trustee of their Educational Trust Fund. He is also a former member of AICPA Council. Mr. Evanich has lectured and written extensively on tax issues, both locally and nationally. He is a member of the American Institute of CPAs. In 2015 and 2016, he received the Surgent Outstanding Discussion Leader Award because of his consistently high evaluations for knowledge and presentation skills. He has also served as chairman of many CTCPA committees, most notably the Federal Taxation, State Taxation, Public Relations, and Technical Consultation Services committees. John has also testified on tax matters of concern to middle- and upper-income taxpayers, as well as small businesses, before the Ways and Means Committee of the U.S. House of Representatives, as well as various Connecticut state legislative committees. Mr. Evanich received a bachelor’s degree in accounting with honors from the University of Bridgeport, Connecticut and completed all course work in the Master’s in Taxation program at Pace University in New York City.

Return to Top