REG Changes

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    Topic
  • #183282
    Topsya
    Member

    Hello everyone!

    If someone could help me i would really REALLY appreciate it!

    Here is my dilemma:

    I purchased all my Wiley Books in 2012. And I used them for 3 of my 4 exams: AUD (took in 2013), FAR (took in 2013) and BEC (took in 2014)

    REG is my last section, and I was wondering if it would be ok to use 2012 Book for REG?

    My company has a pretty strict ceiling for CPA materials reimbursement, and I am not looking for incurring any more personal expenses….. However, if I absolutely have to, I will def. buy the book… it’s just… do I have to?

    AUD - 90
    FAR - 83
    BEC - 81
    REG - 80
    ETHICS - 100

Viewing 4 replies - 1 through 4 (of 4 total)
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  • #506745
    Anonymous
    Inactive

    I'd invest in the NINJA Notes for REG. Jeff has done a tremendous job of outlining all of the important info and updates from prior exams. Highlights would be that the limitation for medical expenses has risen from 7.5% to 10%, which also creates no difference between the limitation for individuals and the AMT limitation for medical expenses. (However, individuals over the age of 65 are eligible to use the 7.5% limitation for medical expenses until I believe 2017 or 2018).

    All of the exemption and deduction amounts have increased. Exemptions are now $3900 per person instead of $3800 for example.

    There are a few others, but it's definitely worth it to just get the NINJA Notes.

    #506795
    Anonymous
    Inactive

    I'd invest in the NINJA Notes for REG. Jeff has done a tremendous job of outlining all of the important info and updates from prior exams. Highlights would be that the limitation for medical expenses has risen from 7.5% to 10%, which also creates no difference between the limitation for individuals and the AMT limitation for medical expenses. (However, individuals over the age of 65 are eligible to use the 7.5% limitation for medical expenses until I believe 2017 or 2018).

    All of the exemption and deduction amounts have increased. Exemptions are now $3900 per person instead of $3800 for example.

    There are a few others, but it's definitely worth it to just get the NINJA Notes.

    #506747
    Topsya
    Member

    Thank you!

    notes are going to cost almost as much as the new book.. i'm trying to save some money…(((

    AUD - 90
    FAR - 83
    BEC - 81
    REG - 80
    ETHICS - 100

    #506797
    Topsya
    Member

    Thank you!

    notes are going to cost almost as much as the new book.. i'm trying to save some money…(((

    AUD - 90
    FAR - 83
    BEC - 81
    REG - 80
    ETHICS - 100

Viewing 4 replies - 1 through 4 (of 4 total)
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