[Anonymous]

This is my first year preparing tax returns so I scheduled my REG test for Apr 24th (our busy season isn’t quite as bad as I’ve heard others are) but I haven’t done very many partnership or c corp taxes and some of the Becker questions are killing me. Is this a heavily tested area?

[Anonymous]

Yes

Knowing basis for partnerships and corps for stuff going in, coming out, and liquidating are all critical.

[Anonymous]

You absolutely need to know conduit and corporate entity tax. I'd say it's the most heavily tested area on REG. With that being said you don't need to know how to do a return, but rather common exam items you'll encounter (basis questions, flow-through income, taxability of distributions, etc.)

[Guccimane]

I forgot…. but if you read everything and learn everything you will do just fine; you do not have to be a guru on anything; just try everything and do your best; good luck

83 Reg, 76 BEC, 94 Aud, 79 Far

Done ......!

[Author]

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