[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

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

[teeteenounouche]

@Igotthis, 3 weeks left and I am panicking a little…I'm going to write notes until Sun then non stop MCQ. I feel far behind being so close…I'm praying the next 3 weeks I can jam all the knowledge in…I have been studying at work while working which I think is driving me bonkers…ok I'm done venting, going back to work…

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Anonymous]

Anybody else having a hard time remembering all of the credits and phase outs that go along with them?

[Anonymous]

Anybody else having a hard time remembering all of the credits and phase outs that go along with them?

[teeteenounouche]

Just took the AICPA practice exam for REG and let's just say it put a fire under me…definitely need to add more hours to my study time

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[teeteenounouche]

Just took the AICPA practice exam for REG and let's just say it put a fire under me…definitely need to add more hours to my study time

Florida:
AUD: 73, 81! Thank you Lord!
BEC: 73, 77! Thank you Lord! and WTB
REG: 71, 82! Thank you Lord! and A71
FAR: 72, 78! Thank you God and my Mommy in Heaven!

CPA Excel, Ninja Notes & Audio, Wiley Test Bank, CPAreviewforfree

[Igotthis]

@tee. I'm with you on more studying hours. When I get questions wrong I tell myself, better get it wrong now then later.

Power weekend is starting~! Who is with me!?

Getting off work soon. My goal is to complete corporate taxation today and do my first practice exam tomorrow to see where I need to focus more on.

Study hard everyone! Signing off till 9pm EST. Hiya!

[Igotthis]

@tee. I'm with you on more studying hours. When I get questions wrong I tell myself, better get it wrong now then later.

Power weekend is starting~! Who is with me!?

Getting off work soon. My goal is to complete corporate taxation today and do my first practice exam tomorrow to see where I need to focus more on.

Study hard everyone! Signing off till 9pm EST. Hiya!

[meli083]

I just found a concept seemingly contradictory in R1 of Becker.

Basically, Salaries to employees are neither included nor deductible to self-employment income BUT salaries paid to a paralegal is deductible to a sole proprietorship's income.

Is it just a difference of business types (self-employed and sole proprietorship)?

AUD: 2/28/2013 - 86
FAR: 10/19/2013 - 83
REG: 1/6/2014 - 80
BEC: 2/27/2014 - 81

[meli083]

I just found a concept seemingly contradictory in R1 of Becker.

Basically, Salaries to employees are neither included nor deductible to self-employment income BUT salaries paid to a paralegal is deductible to a sole proprietorship's income.

Is it just a difference of business types (self-employed and sole proprietorship)?

AUD: 2/28/2013 - 86
FAR: 10/19/2013 - 83
REG: 1/6/2014 - 80
BEC: 2/27/2014 - 81

[Igotthis]

A sole proprietor is a self employed person.

A sole proprietor will file the 1040 and Schedule C which allows a deduction for salaries to employees. I would think you would file Schedule SE as well for self employment.

Hope this answers your question!

[Igotthis]

A sole proprietor is a self employed person.

A sole proprietor will file the 1040 and Schedule C which allows a deduction for salaries to employees. I would think you would file Schedule SE as well for self employment.

Hope this answers your question!

[ZSRizvi]

What is going on with all of these new updates…

So if I'm taking the REG exam on January 4….do I use the 2013 or 2014 materials(updates)?

What would you guys say is the most difficult topic for you to digest?

BEC (July 2013)
FAR (OCT 2013)
REG (NOV 2013)
AUD (JAN 2014)

The CPA Exam is an opponent that not even the Fellowship of the Ring would want to come across.

I have a long...long...journey ahead of me.

[ZSRizvi]

What is going on with all of these new updates…

So if I'm taking the REG exam on January 4….do I use the 2013 or 2014 materials(updates)?

What would you guys say is the most difficult topic for you to digest?

BEC (July 2013)
FAR (OCT 2013)
REG (NOV 2013)
AUD (JAN 2014)

The CPA Exam is an opponent that not even the Fellowship of the Ring would want to come across.

I have a long...long...journey ahead of me.

[meli083]

@ igotthis – Thanks!

Never mind about my question, though. Salaries are deductible to sole proprietorships/self-employed individuals. I didn't read carefully enough. Salaries to the self-employed aren't deductible as they are considered drawings from the business. That's roughly what I got.

AUD: 2/28/2013 - 86
FAR: 10/19/2013 - 83
REG: 1/6/2014 - 80
BEC: 2/27/2014 - 81

[meli083]

@ igotthis – Thanks!

Never mind about my question, though. Salaries are deductible to sole proprietorships/self-employed individuals. I didn't read carefully enough. Salaries to the self-employed aren't deductible as they are considered drawings from the business. That's roughly what I got.

AUD: 2/28/2013 - 86
FAR: 10/19/2013 - 83
REG: 1/6/2014 - 80
BEC: 2/27/2014 - 81

[Author]

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