REG Study Group July August 2013 - Page 33

Viewing 15 replies - 481 through 495 (of 1,892 total)
  • Author
    Replies
  • #439100
    Myeble
    Participant

    I got the score release email today too….I will have to wait a whole month….disgusted…I am taking it next week!

    #439244
    Myeble
    Participant

    I got the score release email today too….I will have to wait a whole month….disgusted…I am taking it next week!

    #439102
    masterof74s
    Member

    I agree Myeble waiting a month to find out is terrible!!! I am hoping cramming for the past month with only 2 weeks off in between taking the test in May and finding out I got a 74 is enough time to earn that extra point. I am glad I hopped on here today, I completely forgot the 2013 figures would be implemented, guess with a week to go I will be spending my time learning all the new amounts. I can't push it back though I need to get started on FAR as soon as i take REG next week.

    AUD - 68, 74, 76 - DONE
    BEC - 78 - DONE
    REG - 52, 74, 74, 63, 74
    FAR - 68, 78 - DONE

    #439246
    masterof74s
    Member

    I agree Myeble waiting a month to find out is terrible!!! I am hoping cramming for the past month with only 2 weeks off in between taking the test in May and finding out I got a 74 is enough time to earn that extra point. I am glad I hopped on here today, I completely forgot the 2013 figures would be implemented, guess with a week to go I will be spending my time learning all the new amounts. I can't push it back though I need to get started on FAR as soon as i take REG next week.

    AUD - 68, 74, 76 - DONE
    BEC - 78 - DONE
    REG - 52, 74, 74, 63, 74
    FAR - 68, 78 - DONE

    #439104
    masterof74s
    Member

    Hey Everyone

    Another question for you all regarding the updates in information for 2013. I know 179 was one change to note… what are your thoughts on gifts changing from 13k to 14k and the medical exemption from 7.5% to 10% unless you are over 65?

    AUD - 68, 74, 76 - DONE
    BEC - 78 - DONE
    REG - 52, 74, 74, 63, 74
    FAR - 68, 78 - DONE

    #439248
    masterof74s
    Member

    Hey Everyone

    Another question for you all regarding the updates in information for 2013. I know 179 was one change to note… what are your thoughts on gifts changing from 13k to 14k and the medical exemption from 7.5% to 10% unless you are over 65?

    AUD - 68, 74, 76 - DONE
    BEC - 78 - DONE
    REG - 52, 74, 74, 63, 74
    FAR - 68, 78 - DONE

    #439106
    Wendy
    Participant

    Anyone using the Ninja notes…. On page 27 Deductions to reach Partnership AGI it says subtract business bad debts (accrual basis only)… I though it was never use accrual basis but actual write offs for tax purposes… Is my thinking wrong??

    Hopeful this time around.... Back after a 2 year break!!

    BEC - Feb 2013 78!!
    FAR - May 2013 76!!
    REG - 70! 71! 80!!
    AUD - Oct 2013 79!!

    FINALLY DONE!!

    #439250
    Wendy
    Participant

    Anyone using the Ninja notes…. On page 27 Deductions to reach Partnership AGI it says subtract business bad debts (accrual basis only)… I though it was never use accrual basis but actual write offs for tax purposes… Is my thinking wrong??

    Hopeful this time around.... Back after a 2 year break!!

    BEC - Feb 2013 78!!
    FAR - May 2013 76!!
    REG - 70! 71! 80!!
    AUD - Oct 2013 79!!

    FINALLY DONE!!

    #439108
    peetree
    Member

    Very happy I purchased the wiley test bank.

    I'm seeing questions that weren't really covered that hard in becker that are allowing me to really round out my knowledge of the topics.

    Anyone else noticing this as well?

    FAR 02/21/13 - 95
    REG 07/02/13 - 87
    AUD 08/02/13 - 94
    BEC 08/30/13 - 85
    Ethics Exam - 90

    Illinois candidate awaiting his license

    Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

    #439252
    peetree
    Member

    Very happy I purchased the wiley test bank.

    I'm seeing questions that weren't really covered that hard in becker that are allowing me to really round out my knowledge of the topics.

    Anyone else noticing this as well?

    FAR 02/21/13 - 95
    REG 07/02/13 - 87
    AUD 08/02/13 - 94
    BEC 08/30/13 - 85
    Ethics Exam - 90

    Illinois candidate awaiting his license

    Used Becker Self Study | Ninja Audio | Becker Flash Cards | Ninja Notes | Wiley Test Bank

    #439110

    Just took a Wiley practice test…got an 80 – BUT, anyone know how to review practice exams? The test bank practice sessions are available to review under the My Assessments tab, but the exam isn't there. Can anyone help? Do I have to sync and then go to Wiley.com?

    Awaiting license in IL.

    #439254

    Just took a Wiley practice test…got an 80 – BUT, anyone know how to review practice exams? The test bank practice sessions are available to review under the My Assessments tab, but the exam isn't there. Can anyone help? Do I have to sync and then go to Wiley.com?

    Awaiting license in IL.

    #439112

    @Wendy – I have the ninja notes. Regarding business bad debt expense, it's only deductible for an accrual basis taxpayer if they use the direct write-off method. A simple increase in the allowance isn't deductible (according to Wiley) – make sense?

    Awaiting license in IL.

    #439256

    @Wendy – I have the ninja notes. Regarding business bad debt expense, it's only deductible for an accrual basis taxpayer if they use the direct write-off method. A simple increase in the allowance isn't deductible (according to Wiley) – make sense?

    Awaiting license in IL.

    #439114
    Heidi-O
    Member

    @Wendy – You can only deduct bad debts that actually became totally or partially worthless – if you are an accrual tax payer. If you are a cash basis tax payer, you cannot deduct bad debts – which makes sense as you never recorded the income because you never received the cash payment! I don't have Jeff's notes, but I think that it was he is trying to convey. If you are cash – you cannot deduct bad debt expense. If you are accrual, you can deduct bad debt expense but only the actual amount that became worthless and was written off.

    Today I woke up exhausted and did not want to have to sit down and finish my homework and move on. Its not exciting on third time around – Does anyone have any ideas on how to control text Anxiety? That is my big downfall. I have never been a good test taker. Any ideas? Any help would help!!!

    FAR Aug 2012 79
    AUD Oct 2012 84
    REG Aug 2013 87
    BEC Jan 2013 80

Viewing 15 replies - 481 through 495 (of 1,892 total)
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