[jeff]

REG Resources:

Free REG Notes & Audio – https://www.another71.com/cpa-exam-study-plan

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

REG Score Release: https://www.another71.com/cpa-exam-scores-results-release

[Kenada]

I have seen questions updated on the Wiley Test bank to have the new changes that took place in July 2013.

FAR 05/27/14; 786/110 - Done !

[Journhi]

Hi,

Can someone please help on these?

1) Can you clarify on business expense deduction? If an employee traveled to a different city for a business conference and his family went with him as a side vacation would the business expense deduction can only be taken for HIS expenses only right (given that it was not reimbursed)? Like only HIS fee for the air fare, hotel, 50% of meals and entertainment, travel, and other costs incurred on the days that he spent doing business related stuffs (i.e. 4 out of 5 days was spent on conference business and on the last day he went to an amusement park with his family)?

2) If your spouse dies during the yr, you would still file MFJ for that year and Qualifying widow for the next 2 yrs?

FAR: 62;79
AUD: 76
REG:67; 77
BEC: 68;66; 12/05/13

[Journhi]

Hi,

Can someone please help on these?

1) Can you clarify on business expense deduction? If an employee traveled to a different city for a business conference and his family went with him as a side vacation would the business expense deduction can only be taken for HIS expenses only right (given that it was not reimbursed)? Like only HIS fee for the air fare, hotel, 50% of meals and entertainment, travel, and other costs incurred on the days that he spent doing business related stuffs (i.e. 4 out of 5 days was spent on conference business and on the last day he went to an amusement park with his family)?

2) If your spouse dies during the yr, you would still file MFJ for that year and Qualifying widow for the next 2 yrs?

FAR: 62;79
AUD: 76
REG:67; 77
BEC: 68;66; 12/05/13

[Skrier]

@journhi….I believe you are correct on the business expenses. Only the portion related to the business travel would be deductible.

As for the spouse dying during the year, yes it would be MFJ for the remainder of the year, but to file Qualifying Widower for the two subsequent years the requirements must be met. i.e. maintains a household for a dependent child and has not remarried.

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Skrier]

@journhi….I believe you are correct on the business expenses. Only the portion related to the business travel would be deductible.

As for the spouse dying during the year, yes it would be MFJ for the remainder of the year, but to file Qualifying Widower for the two subsequent years the requirements must be met. i.e. maintains a household for a dependent child and has not remarried.

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Journhi]

@skrier Thank you for your help!!!

I'm in the same boat. Took REG in aug and failed with 68. I'm going to attempt to retry in oct.

Good luck with your studying.

FAR: 62;79
AUD: 76
REG:67; 77
BEC: 68;66; 12/05/13

[Journhi]

@skrier Thank you for your help!!!

I'm in the same boat. Took REG in aug and failed with 68. I'm going to attempt to retry in oct.

Good luck with your studying.

FAR: 62;79
AUD: 76
REG:67; 77
BEC: 68;66; 12/05/13

[Skrier]

@Journhi…..good luck to you too…I am planning on a retake on October 17th. Just hope I can get a handle on everything by then.

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Skrier]

@Journhi…..good luck to you too…I am planning on a retake on October 17th. Just hope I can get a handle on everything by then.

AUD- 84
FAR- 75
REG- 78...I am DONE!!!
BEC- 79

[Qlad]

everybody in bed early today????? no queries???? all solved???? am I the only one breaking my head on partnership????

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

everybody in bed early today????? no queries???? all solved???? am I the only one breaking my head on partnership????

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Kenada]

LOL no you are not alone.. I am going to do Partnerships tomorrow so I will have lots of questions to ask over the weekend.

FAR 05/27/14; 786/110 - Done !

[Kenada]

LOL no you are not alone.. I am going to do Partnerships tomorrow so I will have lots of questions to ask over the weekend.

FAR 05/27/14; 786/110 - Done !

[Qlad]

Ahhhaa …one person to my rescue…I have a question right now…

I can't understand when does a gain become ordinary gain or capital gain to partner???

same with loss…in partnership?

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Qlad]

Ahhhaa …one person to my rescue…I have a question right now…

I can't understand when does a gain become ordinary gain or capital gain to partner???

same with loss…in partnership?

FAR 72,71,81 🙂
AUD 64,71, 72, 75 🙂 I'm done !!!
REG 73, 74, 74, 84 🙂
BEC 76 🙂

[Author]

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