[jeff]

I’ve had a few requests for April/May Study Groups…March will be here before you know it.

In order to take an early April exam, you should begin studying…now. 🙂

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

[TargetCPA]

I am also in 60ish (individual taxation) from Wiley TB. But I got 72% from Wiley Text MCQs.

After finishing WTB MCQs, I got familiarity from it and scored better in Wiley Text MCQs.

So I planned to write notes tonight. Then m going to redo the MCQs.

Good Luck all!!!

[Finishorgiveup]

I pretty much re-write questions and re-work on questions again on my note

Hopefully this is the correct ways to learn incorrect questions.

REG - 70. Retake on 5/30/14
AUD - 8/31/14
FAR - target 11/30/14
BEC - target 2/28/15
California Candidate

[keishalove]

@ kccpadude..is Becker the only study material that you are using..I am using Becker also but I failed AUD.

[CPA soon]

Starting back on REG today, I'm here to get some motivation this morning 😀 As usual! How's everyone's progress going?

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[golfball7773]

I will be done with Individual Tax videos from CPAexcel this evening and hopefully start on corporate taxation. I am trying to get the videos knocked out. If I have 7 to 8 week to my exam how long should I spend on the rewriting notes and MC questions?

@CPASoon – you can do it?! lol. Monday mornings are always hard.

FAR: 63, 55, 62
REG: 65, 77*
AUD: Fail, 64, 71
BEC: 72, 74, 81

*expired

[CPA soon]

Corporate tax is always fun 😀

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[golfball7773]

I can't wait to delve into the material!!!! I would rather do that then watch March Madnesss………..Not.

FAR: 63, 55, 62
REG: 65, 77*
AUD: Fail, 64, 71
BEC: 72, 74, 81

*expired

[Finishorgiveup]

I am still working on corporation, man, the corporate AMT and basis, gain/loss questions really confused me a lot.

I wish I can study in the day time, it's really not easy to keep myself awake in the evening after work, but, either way, we all can make it.

REG - 70. Retake on 5/30/14
AUD - 8/31/14
FAR - target 11/30/14
BEC - target 2/28/15
California Candidate

[Finishorgiveup]

just want to share this youtube video with you all – from Peter Olinto, I am sure you guys have seen it already; however, need to keep motivation.

We can do it

https://www.youtube.com/watch?v=yxurvsjFDMg

REG - 70. Retake on 5/30/14
AUD - 8/31/14
FAR - target 11/30/14
BEC - target 2/28/15
California Candidate

[golfball7773]

I wish I could study during the day too…. I have this thread set up on RSS feed to come to my work email so I need a distraction I have it 🙂

FAR: 63, 55, 62
REG: 65, 77*
AUD: Fail, 64, 71
BEC: 72, 74, 81

*expired

[Finishorgiveup]

This is another great motivation video that I want to share with you all

https://www.youtube.com/watch?v=7mVS1Ge8La0

@golfball7773 – I am taking exam one day before you, how's your progress? I am still working on corporation taxation. Man, I really hate AMT, I really can see lots of ? marks in my head.

REG - 70. Retake on 5/30/14
AUD - 8/31/14
FAR - target 11/30/14
BEC - target 2/28/15
California Candidate

[golfball7773]

I know I hated AMT for corporate taxation in college. That was now 3 years ago and we had the worst professor. He read from the book…..

I will let you know when I get to it tonight or tomorrow after work…… hopefully I can understand some of it.

Still on the videos – hopefully finishing them week. How is your progress?

FAR: 63, 55, 62
REG: 65, 77*
AUD: Fail, 64, 71
BEC: 72, 74, 81

*expired

[golfball7773]

I am at work so I don't have the problem in front of me, but it is bothering me.

Guy buys house at 74k with a mortgage, but he can't make his payments, so his family member takes control and the deed of the home. At the time of transfer of the deed the adj basis is 60k.

In the simple, does he recognize a gain? I know I don't have the multiple choice question, but I am thinking more about the concept instead.

FAR: 63, 55, 62
REG: 65, 77*
AUD: Fail, 64, 71
BEC: 72, 74, 81

*expired

[CPA soon]

I don't see any reason to recognize a gain, first of all the transaction is not at arms length. Second, you go by the adj value not fair value.

FAR - 71, 68, 74, (8/31/14) 78 ✔
REG - 67, 71, 71, (10/18/14) 78 ✔
BEC - (11/29/14) 86 ✔
AUD - 73, (4/4/15) 86 ✔

I can't believe this is over! 2 years and 3 months..

[golfball7773]

wow. I feel kind of dumb right now .

FAR: 63, 55, 62
REG: 65, 77*
AUD: Fail, 64, 71
BEC: 72, 74, 81

*expired

[Author]

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