Wind in your hair and sand between your toes, that’s how most people would describe their Summer vacation. But a Tax Pro’s job is never done! Here’s what’s been happening in the tax world this July. IRS Tax Forums Underway The IRS Tax Forums are underway, and The Income Tax School has been in attendance. […]
Displaying: July 2019
CPAs of the future: AACSB updates accounting standards to include data analytics
The accounting industry has undergone major changes in the last several decades due to the increase in reliance on information technology. From incorporating new IT into the workplace, to making sure it’s working properly, to protecting data, CPAs have their hands full as the industry evolves to meet the demand for growth and innovation. In […]
7 Tips for Reducing your CMA Exam Study Time
Becoming a Certified Management Accountant (CMA) means becoming a part of the IMA’s elite group of professionals, who are highly respected and highly sought after. However, passing the CMA Exam can seem daunting, especially if you’re balancing other obligations in your life, and you may be wondering if you can even fit studying into your […]
PRESS RELEASE: Surgent Launches ExamMatrix to Aid Throughout the Designation-Seeking Process
At the start of your credential-seeking journey, you may have experienced some confusion or lack of professional guidance regarding what steps you should take on your journey toward becoming an accounting professional. With the help of our fledgling website, ExamMatrix, up-and-coming finance professionals will be able to access a wealth of information and resources that […]
Press release: Surgent launches ExamMatrix to aid throughout designation-seeking process
Whether you’re considering obtaining your CPA credential or you’re already in the process of studying for your CPA Exam – you’re on the path toward a very lucrative career. Soon-to-be CPAs and students considering pursuing a CPA license have a lot to consider on their career path. What exactly does a CPA do? How should […]
Critical Security Best Practices
The IRS recently released a new “Taxes-Security-Together” Checklist with their Security Summit partners. The list is to help tax professionals review critical security steps to ensure they are fully protecting their computers and email as well as safeguarding sensitive taxpayer data. Although much has been done to reduce the amount of tax-related identity theft and […]
AICPA practice exam updated with enhanced sample test questions for CPA Exam
To help CPA candidates get a better feel for the CPA Exam, the AICPA has free practice exams simulating the real exam. There is one sample test for every exam section. Auditing and Attestation (AUD), Financial Accounting and Report (FAR) and Regulation (REG) have five testlets with 10 multiple-choice questions and six task-based simulations. Business Environment […]
The 3 Most Misunderstood Parts of Setting up Your Tax Prep Business
If you’re doing it right, a lot goes into setting up your own tax preparation business. (Yes, it can be daunting, but that’s why we take you through it step-by-step beyond just learning HOW to become a tax preparer.) However, by far, from what we’ve seen at The Income Tax School, the 3 most misunderstood […]
Surgent Partners with NAEA to Create Pathway to EA Program
Surgent Professional Education and the National Association of Enrolled Agents (NAEA) recently announced the Pathway to EATM Program. The goal of this partnership is to shine a light on this in-demand career. The Pathway to EA program is designed to increase the amount of enrolled agent candidates, and improve candidate’s Special Enrollment Exam (SEE) pass […]
How AI Is Reshaping the Accounting Industry
Artificial intelligence is on the rise and affecting all industries globally, including accounting. Artificial intelligence is all about extending what the computer is capable of doing to another level. It allows systems to make predictions and changes accurately, similar to human beings. It also enables computers to do something that was left to human beings; […]