CPE Catalog & Events

Don Farmer's 2024 Indexed Items & Other Recent Developments

This course is designed specifically for tax professionals looking to deepen their understanding of complex tax laws, strategies, and procedures. With an emphasis on the latest regulations, including the Tax Cuts and Jobs Act (TCJA) and Bonus Depreciation rules, this course covers essential topics such as Backdoor Roth Conversions, Qualified Improvement Property (QIP), and Nondeductible IRA Contributions. You'll gain insight into critical concepts like Capital Gains, Excess Business Losses, and Estate Tax Return (Form 706) filing, along with strategies to navigate complex IRS regulations and administrative procedures, including Chevron Doctrine and Skidmore Standard. Learn the ins and outs of tax-efficient retirement planning, such as Defined Contribution Plans, Solo 401(k), and SEP IRA Contributions. The course also explores essential tax credits like the Child Tax Credit and Phase Out provisions, as well as practical tools for managing client expectations and tax liabilities through Inflation Adjustments and Portability Elections. By the end of the course, tax professionals will be equipped with the tools and knowledge needed to provide their clients with expert advice on retirement planning, business deductions, and estate tax strategies, ensuring full compliance with the latest tax laws. Take your expertise to the next level and stay ahead in an ever-evolving tax landscape. Delivery Method: QAS Self-StudyCPE Credit: TaxationProgram Level: Update  

Don Farmer's 2024 Individual Retirement Plans

With evolving retirement regulations under Secure Act 1.0 & 2.0, tax professionals must stay ahead of complex Required Minimum Distribution (RMD) rules, IRA taxation, and penalty avoidance strategies. This 1-hour specialized course provides an in-depth look at RMD calculations, excise tax pitfalls, beneficiary classifications (EDB vs. NEDB), aggregation rules, and key distribution strategies to help you better advise clients on retirement account compliance. Through real-world scenarios, we’ll break down essential tax concepts, including the Ten-Year Rule, Roth vs. Traditional IRA withdrawals, QCDs, and excise tax waivers. Ensure your clients optimize tax benefits, avoid IRS penalties, and comply with new distribution requirements. Delivery Method: QAS Self-StudyCPE Credit: TaxationProgram Level: Update  

Don Farmer's 2024 Virtual Currency Taxation Essentials

As digital assets like cryptocurrency, NFTs, and staking rewards become more common, tax professionals must stay ahead of evolving regulations. This 1-hour intensive course equips CPAs, tax preparers, and financial professionals with the essential knowledge needed to accurately report and advise clients on crypto taxation, deductions, and compliance. Gain a clear understanding of key tax concepts such as capital gains, FIFO vs. specific identification, Form 1099-K & Form 8300 reporting requirements, look-through analysis, and theft/worthlessness deductions. You'll also explore the implications of hard forks, staking rewards, and digital asset transactions to ensure your clients stay compliant while maximizing tax benefits. Delivery Method: QAS Self-StudyCPE Credit: TaxationProgram Level: Update

Don Farmer's 2024 SECURE ACT 2.0 of the Consolidated Appropriations Act, 2023

Stay ahead of the curve with this 1-hour course designed for tax professionals who need to master the complexities of retirement plan regulations, distribution rules, and tax-saving strategies. From 403(b) hardship withdrawals and 529-to-Roth IRA transfers to Secure 2.0 updates and qualified charitable distributions, this course covers it all. Gain essential insights on critical retirement plan issues like RMDs, catch-up contributions, employer incentives, and tax credit opportunities. We’ll dive into complex provisions, including military spouse retirement credits, elective deferrals, and charitable remainder trusts to help you maximize tax efficiency for your clients. You’ll also learn how recent Secure 2.0 legislation impacts mandatory automatic enrollment, Roth 401(k) RMDs, and more. By the end of this session, you’ll be equipped to provide cutting-edge advice on plan amendments, penalties, and distribution strategies, ensuring your clients stay compliant while making the most of their retirement savings. Delivery Method: QAS Self-StudyCPE Credit: TaxationProgram Level: Update

Don Farmer's 2024 Inflation Reduction Act

Don Farmer's 2024 Tax Return Administration & Charitable Contribution Substantiation Issues

Unlock expert insights on tax compliance and charitable contributions. Stay ahead of the curve with our latest updates from the 2024 Individual Income Tax Workshop. Dive into key developments, including first-time penalty abatement, identity protection enhancements, new IRS online tools, and critical changes to Form 1099-K reporting thresholds. Gain clarity on charitable contribution regulations, explore deduction strategies, and learn from real-world cases to avoid common pitfalls. Designed for tax professionals and individuals alike, our workshop equips you with practical tools to navigate complex tax scenarios confidently. Let’s plan smarter for 2024 and beyond! Delivery Method: On-DemandCPE Credit: TaxesProgram Level: Update  

Don Farmer's 2024 Proposals, Expiring Provisions & Disaster Relief

Discover critical tax updates for 2024 and beyond. This workshop provides essential insights into the latest tax policy and relief measures. You’ll explore key tax proposals from President-elect Trump, including potential reductions in corporate tax rates, the possibility of making estate tax cuts permanent, and exemptions for Social Security benefits and tips. The session also covers expiring provisions for 2024 and 2025, highlighting the expiration of key tax credits, deductions, and income tax rate modifications, including those affecting renewable energy incentives and the Child Tax Credit. Additionally, the workshop addresses disaster relief measures for taxpayers impacted by the 2024 hurricanes in the Southeast, including filing and payment extensions, guidance on claiming casualty losses, and the extended deadlines available to those affected. Stay informed and ready for the changes ahead with expert insights into these crucial updates. Delivery Method: On-DemandCPE Credit: TaxesProgram Level: Update  

Accounting Ethics 2025 (VBOA-Approved)

This Virginia Board of Accountancy-approved ethics course provides a thorough exploration of ethical principles, challenges and best practices essential to the accounting profession. You will gain a deep understanding of the AICPA Code of Professional Conduct, including its guiding principles of integrity, objectivity and independence. The course highlights key ethical frameworks, such as managing conflicts of interest, safeguarding client confidentiality, and responding to noncompliance with laws and regulations (NOCLAR). Explore real-world scenarios and case studies that illustrate common ethical dilemmas accountants face, and obtain practical strategies for navigating these situations while upholding professional standards. You will also learn how to apply professional skepticism, maintain independence when providing non-attest services, and manage risks associated with ethical conflicts. The course emphasizes the importance of fostering a culture of ethics within firms and explores updates to tax standards and reporting requirements. By the end of the course, you will be equipped with the knowledge and tools to address ethical challenges effectively, ensuring your practice aligns with professional expectations and public trust. Please note: After registering, you will receive a separate email with instructions on how to access the course.  This course contains review questions and a final test to assess knowledge of course objectives. Successful completion of the final test is required to receive CPE credit.  This course has been approved by the Virginia Board of Accountancy (VBOA) to fulfill your 2025 ethics requirement. Delivery Method: QAS Self-StudyCPE Credit: 2 Regulatory EthicsProgram Level: Intermediate Virginia Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Regulatory Ethics 2025 (VBOA-Approved)

The CPA profession in Virginia, like in many other states, is governed by a complex framework of laws, regulations and ethical standards. As a CPA, you are expected to adhere to these guidelines, maintain the highest level of professional integrity, and act in the public interest.This Virginia Board of Accountancy-approved ethics course is designed to provide you with a comprehensive understanding of the regulatory and ethical landscape of the accounting profession in Virginia. We will explore the key principles of professional ethics, the role of the Virginia Board of Accountancy (VBOA), and the specific regulations that govern the practice of public accounting in the state. Please note: After registering, you will receive a separate email with instructions on how to access the course.  This course contains review questions and a final test to assess knowledge of course objectives. Successful completion of the final test is required to receive CPE credit.  This course has been approved by the Virginia Board of Accountancy (VBOA) to fulfill your 2025 ethics requirement. Delivery Method: QAS Self-StudyCPE Credit: 2 Regulatory EthicsProgram Level: Intermediate Virginia Society of CPAs is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Don Farmer's 2024 Corporate/Business BOI Reporting & Return Administration

Stay ahead of the latest tax developments and safeguard your business against costly mistakes. The 2024 Corporate/Business BOI Reporting & Return Administration Issues covers critical updates, including detailed insights into IRS standards, evolving tax practices, and new reporting requirements. Learn how to navigate the latest changes to information return penalties and take advantage of new standards for data protection and tax representation. Discover the implications of Supreme Court decisions impacting IRS regulations and explore enhanced business tax accounts and IRS initiatives, including updates to the Offer in Compromise process and alerts on new credit scams. Delivery Method: On-DemandCPE Credit: TaxesProgram Level: Update

Don Farmer's 2024 Corporate/Business Indexed Items & Other Recent Developments

Stay ahead of the latest tax developments and safeguard your business against costly mistakes. Our 2024 Corporate/Business Indexed Items & Other Recent Developments covers critical updates, including Supreme Court decisions impacting IRS regulations, the implications of the Chevron Doctrine's reversal, and the new six-year statute of limitations for suits against the U.S. Learn how to avoid hefty fines with the latest on penalties for late or incomplete information returns, including Schedules K-2 and K-3. Discover AICPA's new standards for tax services, including enhanced data protection, reliance on tools, and tax representation requirements. Maximize your deductions with updated depreciation and §179 limitations. Leverage enhanced business tax accounts and IRS initiatives while avoiding pitfalls related to new credit scams and PTIN verification. Equip yourself with the knowledge to navigate these changes confidently. Register today and ensure your business remains compliant and competitive! Delivery Method: On-DemandCPE Credit: TaxesProgram Level: Update

Don Farmer's 2024 Corporate/Business Inflation Reduction Act

Stay ahead of the latest tax developments and safeguard your business against costly mistakes. Our 2024 Corporate/Business Inflation Reduction Act covers critical updates, including advanced guidance on corporate income tax regulations, enhanced compliance requirements, and evolving standards for tax practices. Learn how to navigate the latest changes to reporting and documentation, take advantage of new opportunities for tax deductions, and understand the implications of recent legal decisions affecting IRS regulations. Discover strategic approaches to maximize tax efficiency and minimize risks. Delivery Method: On-DemandCPE Credit: TaxesProgram Level: Update

Don Farmer's 2024 Corporate/Business SECURE ACT 2.0 of the Consolidated Appropriations Act, 2023

Stay ahead of the curve with this 2.5-hour course designed for Corporate/Business tax professionals who need to master the complexities of retirement plan regulations, distribution rules and tax-saving strategies. From 403(b) hardship withdrawals and 529-to-Roth IRA transfers to Secure 2.0 updates and qualified charitable distributions, this course covers it all. Gain essential insights on critical retirement plan issues like RMDs, catch-up contributions, employer incentives, and tax credit opportunities. We’ll dive into complex provisions, including military spouse retirement credits, elective deferrals and charitable remainder trusts to help you maximize tax efficiency for your clients. You’ll also learn how recent Secure 2.0 legislation impacts mandatory automatic enrollment, Roth 401(k) RMDs and more. By the end of this session, you’ll be equipped to provide cutting-edge advice on plan amendments, penalties and distribution strategies, ensuring your clients stay compliant while making the most of their retirement savings. Delivery Method: QAS Self-StudyCPE Credit: TaxationProgram Level: Update

Don Farmer's 2024 Other Recent Changes

Join us for an in-depth exploration of the latest tax developments impacting corporate and business taxation. The Other Recent Changes seminar is designed to keep accounting professionals informed and prepared for evolving IRS regulations. Topics include updates on §174 R&E expense capitalization, automatic accounting method changes, employee retention credit (ERC) compliance, and new IRS guidance on long-term contracts and cost-sharing regulations. Led by top tax experts, this session will provide actionable insights, best practices, and compliance strategies to help you navigate these complex changes with confidence. Don't miss this opportunity to stay informed and proactive in the ever-changing tax landscape! Delivery Method: On-DemandCPE Credit: TaxesProgram Level: Update  

Surgent's 2024 Tax Update

Both businesses and individual clients face major changes as a result of tax reform, and tax professionals face the considerable challenge of delivering effective planning advice and services to address this myriad of recent developments. This course addresses this challenge and also encompasses the latest tax legislation applicable to individual and business clients. Continually updated to reflect enacted legislation.Delivery Method: DownloadCPE Credit: TaxesProgram Level: UpdateThis course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Surgent's 2024 Tax Update for Client Advisory Services

Client advisory services (CAS) professionals are becoming a more integral part of the operations of any CPA firm. As such, they must stay on top of changing tax law. In this course, we will explore tax changes in areas CAS professionals are involved with - information reporting, payroll tax issues, and tax credit and deduction documentation. We will also discuss relevant changes to individual and business tax returns so that CAS professionals can better assist clients with tax needs in the upcoming year.Delivery Method: On-Demand WebcastCPE Credit: TaxesProgram Level: UpdateThis course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Surgent's A Complete Guide to the Yellow Book

If you work with governments and not-for-profits, a thorough understanding of the Yellow Book is essential. This course will equip you with a comprehensive knowledge of the Yellow Book requirements and increase your confidence and proficiency in performing Yellow Book audits. The course materials utilize a highly illustrative and innovative format including over 20 focused exercises on key practice issues.Delivery Method: On-Demand WebcastCPE Credit: Auditing (governmental)Program Level: BasicThis course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Surgent's A Complete Guide to the Yellow Book

If you work with governments and not-for-profits, a thorough understanding of the Yellow Book is essential. This course will equip you with a comprehensive knowledge of the Yellow Book requirements and increase your confidence and proficiency in performing Yellow Book audits. Updated for the 2024 Yellow Book revision, the course materials utilize a highly illustrative and innovative format. Over 20 focused exercises are included to provide an enhanced knowledge of the Yellow Book.Delivery Method: DownloadCPE Credit: Auditing (governmental)Program Level: BasicThis course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.

Surgent's A Complete Tax Guide to Exit Planning

When exit planning, it is important to weigh various issues, including tax implications, to achieve an effective management and/or ownership change. Many envision tax-free reorganizations being the most preferable structure to avoid capital gains tax, but the opportunities come at a cost to the seller. This course will provide a well-rounded discussion of the various strategies to consider when advising on exiting a business.Delivery Method: On-Demand WebcastCPE Credit: TaxesProgram Level: IntermediateThis course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by Surgent McCoy.