[jeff]

Resources:

REG 10 Point Combo: https://www.another71.com/products-page/ten-point-combo

REG Exam Experience: https://www.another71.com/cpa-exam-forum/topic/reg-exam-experience-official-thread

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[smp73]

Why is it so much easier to give advice than take your own!? I seriously need to take my own advice here…I have two weeks until the test, I can do this! An intense fear of failure set in today now that it is April. Lets hope 3rd times the charm. I have studied a total of 5 hours today, listened to notes etc. I can do this! (Somehow I just have to actually convince myself of that)

NYS CPA License # 113563
CIA: Done as of 2/15/14

Training for a half marathon post studying!

[wendywhite]

smp73 – seems to me the intense fear of failure is what truly starts making things click, not to mention drives you to practically triple your studying time… 🙂 you can!

FAR 11/2012: 80
AUD 2/19/2013: 90
REG 5/14/2013: 76
BEC 11/2013: 85
Ethics: 100
Waiting on the packet....

[wendywhite]

a CPA haiku – for all you stressed out regulators!

boring becker plus

five hour energy drink

I cannot sleep now

FAR 11/2012: 80
AUD 2/19/2013: 90
REG 5/14/2013: 76
BEC 11/2013: 85
Ethics: 100
Waiting on the packet....

[smp73]

@wendywhite…you're right about practically tripling my study time for yesterday. Wow I did get a lot done. 🙂

NYS CPA License # 113563
CIA: Done as of 2/15/14

Training for a half marathon post studying!

[Anonymous]

Hi question about 179.

Becker said ” For 2012, the maximum amount that can be expensed under Section 179 is $125,000, but that amount is reduced, dollar for dollar, for the amount the total related property placed into service in the year exceeds $500,000. ”

Ninja Notes say $139,000 reduced dollar for dollar after 560,000.

Who is right?

[gobias]

@amaramin19 you can find the answer to that on the IRS website. If I had to guess, the ninja notes numbers are probably for 2013.

F - 86
R - 90
A - 97
B - 91

[Zaq]

@amaramin19: It's funny that you mention that. Section 179 for Becker does indeed say $125,000; $250,00 for like post 2012, but I ran into a WIley Question that said Section 179 expense is $300,000!

I don't what to believe!

FAR: 50, 76!
REG: 74... (ouch baby, very ouch), 76!
AUD: 65, 91!?
BEC: 80! Aaaand doneskies!

May 2012 to August 2013. Can't believe it's over.

[jeff]

My numbers are pre-fiscal cliff (eligible in July) and are correct

Jeff Elliott, CPA (KS) | Another71 | NINJA CPA | NINJA CMA | NINJA CPE

[hecubus330]

Well, REG is done (for now) on to FAR!

BEC -69, 69
REG -77 (expired), 79
FAR - ?
AUD - 65, 67

[Anonymous]

Hello all, I'm now joining the REG group.

I took BEC yesterday, and now am scheduled to take REG on 5/31. I'm starting R-1 today.

Good luck to all testing over next few weeks!

[Nevergiveup2012]

I am doing a review session right now and have a simple question that I am not sure if Becker's answer is correct.

It's in R1 simulation #1 tab 3:

Determine the amount of gross income to be reported on the individual income tax return and included the amount excluded (if any).

Interest of $650 from US EE Savings Bond

Is Interest from US Educational Savings bond taxable? Becker's answer: Yes,

I think the interest should be tax free , as stated in the textbook unless I misunderstood it. What do you guys think?

BEC - 86 (8/31/12)
AUD - 97 (11/18/12)
REG - 83 (5/12/13)
FAR - 91 (12/2/13)
Done!!!

[gobias]

@Nevergiveup2012 I agree with you. The only rationalization I can think of is that we are supposed to assume the interest has not been used to pay qualified education expenses unless explicitly told so. If that's the case, it is awfully petty of the examiners.

F - 86
R - 90
A - 97
B - 91

[LSNYC]

Major slacker right here! Work has been crazy and my motivation totally went away! Tonight trying for 3 hours, tomorrow I am taking off and will freeze my ass of at the Yankee game. Thursday it's back to full speed just a month to go!!!

Happy studying!

A - 61, 91!!
B - 78!
F - 76!!!
R - 71, 73, 74, 69, 77!!!!

Finally done!

This is my 2nd attempt at the exam, I had two parts passed (failed many) and I stupidly quit, big mistake. Now I'm back and with a vengeance!

[smp73]

I have 48 MC questions left then I will have completed the entire wiley test bank… going to go back and hit the weak areas, re-read notes, ninja notes and practice sims. Any other suggestions…test is in two weeks!

NYS CPA License # 113563
CIA: Done as of 2/15/14

Training for a half marathon post studying!

[gobias]

@smp73 something I'd like to do (but unfortunately don't have time for) is write out all the mnemonics and formulas (AMT, basis, PHC tax, exemptions, etc.) over and over until I have them all memorized. I think it would be the most efficient way to commit it all to memory and then when you see a question on the exam, you can write out the formula/mnemonic on your scratch paper to help you.

Just a suggestion.

F - 86
R - 90
A - 97
B - 91

[Author]

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