The end of the year means finishing finals, spending time with family, and gearing up for your internship. Many auditing and tax internships start in January, so you’ll want to be as prepared as possible. Whether you’ll be starting your internship in a few weeks or not for several months, you’ll want to check out […]
Displaying: Exam Review
Can you become a CPA without an accounting degree?
Can a non-accounting major become a CPA? The short answer is YES; you don’t have to study accountancy to become a Certified Public Accountant. While there are definitely some things that you AND students pursuing their accounting degree will need to fulfill, as long as you earn your Bachelor’s degree, you’re on the right track […]
Career advice for college students: What to do after accepting a job offer
Whether you endured a grueling and extensive job search or were lucky enough to experience a smooth and relatively easy hiring process, there are few things more exciting than receiving that phone call or offer letter from your new employer, and graduating with a job offer in hand. But there are a few things you […]
7 steps to create the perfect elevator pitch for accounting students
Full disclosure: an elevator pitch doesn’t require an actual elevator. The reason for its name is that you should be able to deliver it in the amount of time it takes to complete a short elevator ride. What is an elevator pitch? An elevator pitch (sometimes called an elevator speech) is a 30-60 second speech […]
Independent Contractor vs. Employee: The Tax Difference
Since the introduction of virtual marketplace companies (VMC’s) like Uber, there has been some confusion about what is means to be an independent contractor vs. an employee. The important distinctions between these two worker classifications can seriously affect a worker’s wages and what taxes are paid by the worker or by the business. Get to […]
Networking tips for students who want to become a CPA
Building an established network is a sure way to jumpstart your professional career. Networking can help students and professionals get to know what job opportunities are currently available, possible future career paths, and the requirements for different positions within a company. Besides the aspirational career aspects, networking is also an opportunity to have intellectual discussions, […]
Machine learning meets CPA review with Surgent’s MyMCQ™ feature
Surgent is committed to helping students get exam ready in as little time as possible, and we’re constantly optimizing our course to reflect that goal. Recently, we released a difficulty progression feature called MyMCQ™ that uses machine learning to show you the multiple-choice questions you need to see to help you gain the more advanced […]
Video: Tips for solving multiple-choice questions on CPA Exam
CPA Exam questions are broken down into two different categories: multiple-choice questions, and simulations (which themselves can be categorized into task-based simulations and written communication questions). For every section of the CPA Exam, multiple-choice questions (or MCQs, for short) account for 50% of the candidate’s score: Financial Accounting and Reporting (FAR): 50% MCQs, 50% Task-based […]
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 […]