Corp vs Individual Taxation on REG

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  • November 8, 2011 at 3:56 pm #162628
    ppierce
    Participant

    I know both are important and i’ve certainly spent a lot of time on each topic but which one is more heavily weighted in the Exam?

    FAR 80
    REG 76
    AUD 85
    BEC 85
    Ethics 98
    DONE!!!!!!!!!!!!!!!!!!!!

Viewing 8 replies - 1 through 8 (of 8 total)
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  • November 8, 2011 at 4:19 pm #306373
    Anonymous
    Inactive

    You really need to know both well. You may get an exam with a lot of Individual Tax questions, but very little Corporate. Or you may get a test with very little Individuals and a lot of Corporate. These tests are sooo random. Know both well. That's the best advice we can give you.

    November 8, 2011 at 4:23 pm #306374
    RedRage00
    Member

    Those seem to be the 2 biggest sections which is why I'm spending a lot of time on both of them.

    Texas CPA
    Licensed, March 2012

    November 8, 2011 at 11:35 pm #306375
    Yvonne570
    Member

    It's so important because the exam will try to include questions of income inclusion or deductions that could be business related but not individual 1040 related. Very critical to understand the differences – especially for self-employed 1040 vs schedule C items.

    AUD - Passed:)
    FAR - Passed:)
    REG - Retake TBD
    BEC - Missed by 3 points Retake TBD

    November 9, 2011 at 12:53 am #306376
    Anonymous
    Inactive

    According to the exam guidelines:

    Taxation on Individuals (13-19%)

    Taxation on Entities (18-24%)

    November 9, 2011 at 4:38 am #306377
    Anonymous
    Inactive

    Ignore those percentages!! These exams are so random that I end up getting heavily tested on topics that are supposed to be only a small percentage of the exam. You just have to study both. They're both equally important.

    November 9, 2011 at 4:42 am #306378
    See Pee A
    Member

    Took REG today, and most questions were much simpler than what is shown in my prep (Becker review). Review, do your problems, and read over notes several times and you should be good to go. Don't sweat the miniscule details. REG has the fewest calculations. When I took FAR and even BEC I used at least 3-4 pages in the scratch pamphlet they give you. Today I didn't even fill 2 pages. Good luck!

    BEC 86 (08/30/11)
    FAR 84 (10/13/11)
    REG 88 (11/08/11)
    AUD 86 (11/29/11)

    Exam prep - Becker self-study

    November 9, 2011 at 4:43 am #306379
    See Pee A
    Member

    [Becker review] went into the calculations…

    BEC 86 (08/30/11)
    FAR 84 (10/13/11)
    REG 88 (11/08/11)
    AUD 86 (11/29/11)

    Exam prep - Becker self-study

    November 9, 2011 at 5:04 am #306380
    hopeful_cpa
    Participant

    the weighting is all bs… took reg last thursday and i had almost more b-law than tax.. unfortunately.

    BEC: Done
    REG: Done
    AUD: Done
    FAR: Done

    I'M DONE!!!!!! AAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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