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Displaying: February 2023

Becker vs. Surgent: A CPA review course comparison

Choosing a CPA Review course? To help you decide which course is best for you, veteran CPA Review instructor and our course designer Liz Kolar, CPA compiled a list of Surgent CPA Review's features as compared to Becker CPA Review.

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How Academics and Educators Can Bridge the CPA exam Knowledge Gap 

The newest CPA exam model launched in January 2024, transforming the licensure exam from four core components (AUD, FAR, BEC and REG) to three core components (AUD, REG and FAR; with technology and digital acumen incorporated into each) and a candidate-chosen discipline for the fourth section. The candidates’ options are Business Analysis and Reporting (BAR), […]

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What is tax-loss harvesting?

Investing always comes with some degree of risk, and the simple truth is that some investments don’t work out. While no one wants to take a loss, there is a benefit to a losing investment — at least when it comes to that individual’s tax burden.  As a tax professional, you likely have several clients […]

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Crafting your CPA Exam Strategy

In January 2024, the most recent update to the CPA Exam went into effect. The current format brings additional and increasingly significant financial subjects into the examination with the aim of better preparing CPAs for their role.  What you need to know about CPA Exam changes  The current CPA exam contains the following parts:  Each section […]

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4 types of cryptocurrency tax events

You’re a diligent tax preparer. To you, dollars and cents tell stories of tax brackets, reportable income, deductibles and refunds.   But now, a client who holds cryptocurrency walks in the door, and you have questions. Is it an asset? Is it income? Is it taxable? If so, how?  Let’s start with the IRS, which defines […]

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Training tips for beginner tax preparers

Congratulations! You launched your tax preparation business. Tax prep offers high return for minimal start-up costs, and of course, tax preparation will always be in demand. Most importantly, you enjoy helping people and have the confidence to guide them through the taxpaying maze.   There’s just one hitch, and it’s called “tax season.” From January through […]

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Checklist for preparers to start tax season

Tax season is here, which means it’s time to make sure everything is in order as you prepare for the busiest season of the year. While there’s no way to completely remove the stress and pressure from this challenging time, being as ready as possible beforehand can help mitigate it. Once you’re in the thick […]

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