Practical webinar enables CPAs, accountants
and tax professionals to quickly get up to speed on changes that
will impact individual and business planning in 2023
RADNOR,
Pa., Aug. 12, 2022 /PRNewswire/ -- Surgent
Accounting & Financial Education, a division of KnowFully
Learning Group, today announced a new online CPE course that covers
changes to the tax code included in the Inflation Reduction Act,
which just passed the House and is on its way to President Biden's
desk for his signature. Airing live on Tuesday, August 16 with subsequent dates
throughout August, "Summary and Analysis of the Inflation Reduction
Act of 2022 (IR22)" will provide a deep dive into all aspects
of legislation that will impact tax planning for both individual
and business clients.
The course is a deep dive into how the
legislation will impact tax planning for both individual and
business clients.
Surgent's experts closely watched the ups and downs of various
tax legislation proposals introduced throughout 2022 with a
commitment to launch a course as soon as the bill became law. The
final legislation addresses climate change, the high cost of
prescription drugs and attempts to lower the deficit by
$300 billion.
"As is our practice, we at Surgent are bringing you all the
pertinent tax provisions in the Inflation Reduction Act," said
Nick Spoltore, Surgent's vice
president of strategic content development. "We understand that
accounting and finance professionals will, of course, look to us
for the particulars on the corporate minimum book tax, stock
buy-back provisions, and increased IRS funding. This sweeping
legislation, though, also brings about welcome changes to
prescription caps for Medicare beneficiaries, healthcare subsidies,
clean energy, and many other wide-reaching topics."
A panel of Surgent faculty will provide detailed information
professionals can begin to apply to their practices right away,
with topics including:
- 15% corporate tax
- 1% tax on the repurchase of corporate stock
- Enhancement of IRS services
- Prescription drug pricing reform, including drug price
negotiation
- Maximum out-of-pocket cap for Medicare beneficiaries
- Extension of Affordable Care Act subsidies for certain
individuals
- Clean energy and efficiency incentives for individuals
- Energy Efficient Home Improvement Credit
- Energy Efficient Commercial Buildings Deduction (Section
179D)
- Extensions, increases, and modifications of the New Energy
Efficient Home Credit
- Clean Vehicle Credit and credit for previously owned clean
vehicles
- Qualified Commercial Clean Vehicles
- Transfers of certain credits to an unrelated transferee
- Increase in Research Credit against payroll tax for small
businesses
"Many in the accounting and finance industry remained doubtful
that any tax legislation would be enacted in 2022, but our team
stayed on top of it in order to be the first to introduce the kind
of timely course our learners expect from Surgent," said
Liz Kolar, Surgent's executive
vice-president. "When professionals deepen their knowledge, they
not only gain a competitive edge, they make a bigger impact for
their clients."
In addition to this CPE webinar, Surgent is also updating its
2023 curriculum to reflect the changes to the federal tax code that
will soon go into effect.
"Our customers can certainly rest assured that they'll be given
a treatment of this new law that is both comprehensive and engaging
so that they can effectively and immediately look after their own
interests and those of their clients," said Spoltore.
The two-hour course is worth two CPE credits. Learn more about
and register for the new webinar here.
About Surgent
Surgent Accounting & Financial Education, a division of
KnowFully Learning Group, is a provider of the high-impact
education experiences that accounting, tax and financial
professionals need throughout their careers. For most of the
company's 35-year history, Surgent has been a trusted provider of
the continuing professional education (CPE), continuing education
(CE) and skill-based training that professionals need to maintain
their credentials and stay current on industry changes. More
recently, Surgent became one of the fastest-growing certification
exam review providers, offering adaptive learning-based courses
that help learners pass accounting and finance credentialing exams
faster. Learn more at Surgent.com.
About KnowFully
The KnowFully Learning Group provides continuing professional
education, exam preparation courses and education resources to the
accounting, finance and healthcare sectors. KnowFully's suite of
learning solutions helps learners become credentialed, satisfy
required credit hours to maintain credentials, and stay informed on
the latest trends and critical changes in their industries over the
course of their careers. The company provides exam preparation and
continuing education for accounting, finance, and tax professionals
under the Surgent Accounting & Financial Education brand.
KnowFully's healthcare education brands include CME Outfitters, CE
Concepts, PharmCon, The Rx Consultant, ChiroCredit, IA Med,
Psychotherapy.net and American Fitness Professionals &
Associates. For more information, please visit KnowFully.com.
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SOURCE Surgent Accounting & Financial Education