A major disaster could not only affect your family, home, and possessions, it could have a big impact on your business, causing damage, loss in income or worse – you could be forced to close down. In fact, approximately 25% of businesses do not reopen after a natural disaster – for several reasons. This is […]
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Comprehensive Online
Course Includes: n n n n 4 Modules comprised of 4 chapters each n Reading and Reference Materials n Learning Activities n Real world examples and applications n Quizzes & Tests n Instructor support by email n Automatic online grading with feedback n n n n n California Edition is a CTEC approved qualifying course […]
IRS Offers Safe Harbor to Claim Rental Real Estate as QBI Deduction
The IRS issued Revenue Procedure 2019-38 on September 24th, 2019, finalizing a safe harbor under Section 199A for rental real estate owners to claim a qualified business income deduction of up to 20%. Defining “Rental Real Estate Enterprise” For the real estate business to qualify for the safe harbor, it must meet the definition of […]
IRS Finalizes New Bonus Depreciation Regulations
The IRS finalized a new law for depreciation under the Tax Cuts and Jobs Act (TCJA), allowing businesses to immediately expense more qualified property. The final regulations put into effect the August 2018 proposed regulations but include some modifications. The final regulations include expensing of section 179 property, an increase in bonus depreciation from 50% […]
The Cost of Toxic Employees
It’s important that employees feel safe within their environment. After all, the workplace is where they spend a good majority of their time, and everyone deserves to feel respected and secure. However, as business owners, we often come face-to-face with toxic employees who impact company culture in a very negative way. Believe it or not, […]
Surgent CPA Review introduces MyMCQ™, a machine-learning-powered progressive difficulty feature
Surgent CPA Review, an exam prep provider known for its innovative personalized learning software, recently announced an enhancement called MyMCQ™ to its machine-learning algorithm. MyMCQ automatically adjusts the difficulty level of multiple-choice questions based on each candidate’s level of proficiency in that particular topic, pushing them to more advanced competency levels and getting them exam […]
20 Advantages of an Online Tax Course vs. a Live Tax Class
eLearning is the greatest revolution in education. It has created radical changes in our education system and opened great opportunities for everyone who wants to obtain more knowledge or learn new skills. Here are some of the advantages of learning tax preparation online. You can learn whatever you want! The great variety of online tax […]
New FASB accounting standards update to debt classification in classified balance sheet
After receiving comments from various stakeholders following an initial proposal in 2017, on Sept. 13, the FASB rereleased proposed Accounting Standards Update, Debt (Topic 470): Simplifying the Classification of Debt in a Classified Balance Sheet (Current versus Noncurrent). The standard applies to all for-profit and not-for-profit companies that have outstanding debt and prepare a classified […]
Top Excel skills for accountants
Ask any accountant in any field which software they use on a daily basis, and the most common answer will be Microsoft Excel. The spreadsheet tool is perfect for anyone working in the finance and accounting fields due to its versatility and specific financial applications. At this point, it’s expected that you be proficient in […]