2011 vs 2012 study materials

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  • May 17, 2012 at 2:05 pm #170887
    Anonymous
    Inactive

    Hey all,

    This may be a stupid question, but if I am taking REG this month, will the exam follow the 2012 or 2011 becker materials??? I am currently studying off of the 2011 materials, but I’m worried certain deductions (like the section 179 expense deduction) have changed from 2011 to 2012. Any advice is appreciated!!!

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  • May 17, 2012 at 2:30 pm #344491
    forever4
    Member

    That's what i've been wondering too. I used Wiley 2012 as supplement but not too sure 🙁

    FAR 5/14 88 PASSED!
    REG 7/13 74 :((((((((....! I cant believe it!!!! I studied so hard...
    REG retake 11/29 -> 89!!!!!!!!!!!!!!!!!!!
    BEC 10/11/12 -> 84!!!!!!!!!!!!!
    AUD 10/25/12 -> 95!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    I'm DONE! OMG 8 months of hard work.

    I SHALL PASS. BECAUSE IT'S ME, SO EVERYTHING WILL BE OK!

    May 17, 2012 at 8:56 pm #344492
    Anonymous
    Inactive

    Ahh yea I really want to find out just for my sanity. I've only noticed some very slight changes between the two versions. For example, the Section 179 deduction in 2010/2011 was $500,000 with a threshold of $2million, but 2012 is now showing a deduction of $125,000 and a threshold of $500,000. Which one are we supposed to use? If anyone knows, you would be a huge help!!!

    May 17, 2012 at 9:00 pm #344493
    jeff
    Keymaster

    The 2012 exam tests the 2011 tax laws … hope that helps Chris

    May 19, 2012 at 9:11 pm #344494
    Anonymous
    Inactive

    Thanks for looking out Jeff! It's greatly appreciated. So all the updates on the becker site that show deductions and phase-outs changing in 2012 won't matter for this year's exams as they still follow 2011 numbers??? Thanks again!

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