REG Study Group Q1 2022

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    Welcome to the REG CPA Exam Study Group for Q1 2022.

    Introduce yourself and let us know how your REG studying is going (or not going).

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    Jeff Elliott, CPA (KS)
    NINJA CPA Review
    Ninja Albert

    Hi everyone, Just began to study for REG hopefully taking it Mid January. Already have my NTS and went though Individual Tax and property tax. Hows everyone studying going so far?


    I actually felt that Roger from the UWorld Review Course prepared me quite well for REG. I took it a few months ago and passed it on my first shot! Thanks Roger!


    Hopefully AUD went well–just need to give REG a go and clean up BEC from last time. I'm actually taking for the 2nd time in about 15 and a half hours or so, but haven't studied for it at all. Paid for the 4 tests plan though, gotta at least try. I'm aiming for being done with all of this by February. If not, I have until Jan. 2023 to figure it out before FAR falls off!

    AUD - 64
    BEC - 67
    FAR - 82
    REG - 66
    That which neither hungers nor craves is beauty defined.

    Question on SIM #70.

    I watched the sparring replay, took notes, read the relevant section of the book. And yet, I don't see how I could filled in the correct information for this SIM (Columns B & C). How critical is this?

    This is related to tax preparer Penalties and Maximum Term of Imprisonment. I did not find the term of imprisonment anywhere in the book and sparring notes.

    A B C
    Violation Maximum penalty amount Maximum term of imprisonment

    AUD - NINJA in Training
    BEC - 78
    FAR - NINJA in Training
    REG - 65
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