Time to open up your [virtual] coin purses and pay up! The IRS is done with the warnings and is ready to collect. They’ve been collecting information and doing research since 2018. Back in March of 2018, they convinced Coinbase, one of the largest cryptocurrency exchanges, to turn over 13,000 users’ data to the IRS. According […]
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What You Need to Know About the New Technology and Analytics Section of the CMA Exam
As of next year, Institute of Management Accountants (IMA) will be implementing changes to the CMA exam to make it more relevant to the current job market. Whether you’re planning on taking the exam this year, will split sections between both years, or are planning on taking both sections next year, you’ll want to know […]
Advocating for the EITC and a Tax ‘Subway Map’ in Latest IRS News Release
In a straightforward, plain-talking news release (which is refreshing from the IRS), the Taxpayer Advocate Service (TAS), an independent organization within the IRS that helps taxpayers and protects taxpayer rights, released two important items: A special report on how better to administer the Earned Income Tax Credit (EITC), so the people who need it get […]
Tax News Recap: CPA Wins, Changes in California, E-File Fraud and More
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. […]
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 […]