REG Study Group - Page 42

Viewing 15 replies - 616 through 630 (of 694 total)
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  • #2558382
    kakooakki
    Participant

    Guys,
    Any tips for the research sim, I really get lost in it. For the far and audit I was kind of aware where to search but with the reg I get lost and waste loads of time

    #2560998
    Tncincy
    Participant

    Hi NInjas, I know this is the reg group but I thought I would check in to say hey. I'm working on the far materials. I was off a few days to help my son move, but I'm back at it. Working through the materials. It was what I expected, it seems easy and mellow at first then the materials intensify. But I'll be ready. Hope study is going well for everyone.


    @74phoenix
    , when are you testing? Anyone else testing soon?

    It begins with a 75
    Been here too long as a cheerleader....ready to pass

    #2561658
    74phoenix
    Participant

    @kakooakki Research sim – I usually use the Advanced Search option. I try to think of what topic they are testing and where it would fall under in the Authoritative LIterature – is it about S Corp? C Corp? and try to narrow down your search to that section. Then search for key words.

    I took my REG test yesterday. I do not feel good about it – I allocated my time wrong and ran out of time… Thanks for asking, @tncincy. Hope your studying is going well!

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2561865
    kakooakki
    Participant

    @74phoenix thanks.
    Oh how was it? I am taking it next week feeling that i need one more week, I am too weak at BLAW and now kind of lost between getting it done or to focus on the taxation.

    Don’t worry you never know, whenever I don’t feel good I end up passing.

    #2562108
    74phoenix
    Participant

    @kakooakki it was Okay…I felt weak on MCQ and weak on SIMS. It was as expected – no phase outs but tested a bit of everything. I did not feel comfortable with my answers…

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2563155
    Desmond
    Participant

    Nevermind. I posted a question and then got the answer

    #2567844
    Desmond
    Participant

    Do you guys think going through the Becker material (lectures, mcqs, sims) just once with average 80% completion is enough to pass for REG?

    #2575326
    SK
    Participant

    @jex Thank you! This is very valuable information.

    #2581605
    Jona
    Participant

    Hi all! I recently started studying for REG and aiming to take it mid-August. For anyone who has taken it, would you say it was more Federal tax heavy versus personal? I'm unsure on what I should focus on or if it's a little bit of everything. Any advice would help!!

    #2581722
    74phoenix
    Participant

    Hi Jona welcome to the group! Both are weighted substantially on the test. I recommend that you check out the AICPA REG Blueprint that shows how much of each area is tested.

    Graduated 05/2016.
    NY CPA Candidate.
    Public accounting.
    FAR COMING UP 07/07/2016 !! GOD HELP ME.

    #2600343
    LittleTimmy
    Participant

    After failing REG twice this year with Roger (I passed the other 3 sections with Roger), I switched over to Becker for one last attempt before my 18-month window expired. I just found out today that I passed REG with my highest score of any of the 4 exams I passed, I only did Chapters 1 through 5 of the Becker course, Becker's online progress bar said I only finished 13% of their REG Program, didn't do any MCQs, didn't do any Sims, didn't do any Practice Exams… I experienced an 18-point increase in score from when I took REG in May (with Roger) to when I took it in July (with Becker). The big difference is that with Becker I realized there were limitations and a defined sequence of limitations applying to Individual losses and I found that that Becker did a better job explaining the Shareholder/Corporation views of how to handle and value contributions to corporations, it is a bit more complex of a process than what I picked up from the Roger materials. However, I found the Roger textbook to be far easier to understand when it came to Business Law and Ethics, that is why I skipped the final few chapters of the Becker material and instead read Chapters 10 to 21 of the Roger textbook. I also found that Roger was drilling down too far into Section 1245/1250 property and all the little details relating to depreciation.

    #2601444
    Wineclaw
    Participant

    Failed REG with a 73. I hate tax.

    FAR - 2/28
    AUD - ?
    REG - ?
    BEC - ?

    BA in Accounting

    #2601771
    Jonah
    Participant

    Started my studying a few days ago, still waiting on my NTS but hoping to take the exam late september/early october. Any tips would be GREATLY appreciated- thanks y'all.

    #2601996
    Desmond
    Participant

    People who took REG recently, how much would you say you needed to recall in terms of phase-outs/deductions/limitations (basically the numbers). A friend told me he didn't need a single number anywhere in the MCQs, but i was wondering if his was an exceptional case..

    #2602977
    75
    Participant

    I need some help with these questions pls.
    In Bankruptcy rules, does the The 2 and 3 year tax priority rule concern only Income Taxes or also other types of taxes?
    Also, does this mean that the tax gets discharged in bankruptcy if older than 3 years and filed at least 2 years before filing for bankruptcy?
    Thanks

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