[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

[Anonymous]

Audrey C – We have the same first name, same last initial, and will be taking REG the same day. Let's hope it's a good sign and both Audrey's pass!! Good luck!!

[Anonymous]

How funny! Good luck Audrey! what are you doing on your last day to prep?

[Anonymous]

How funny! Good luck Audrey! what are you doing on your last day to prep?

[Anonymous]

I plan on reading NINJA Notes, lots of MCQ (trying to focus on areas I am not doing so well in) and I might look at the AICPA released questions in the back of the Wiley book. I took the AICPA practice test last night. It wasn't too scary so hopefully that is a good sign. What about you?

[Anonymous]

I plan on reading NINJA Notes, lots of MCQ (trying to focus on areas I am not doing so well in) and I might look at the AICPA released questions in the back of the Wiley book. I took the AICPA practice test last night. It wasn't too scary so hopefully that is a good sign. What about you?

[Anonymous]

i took that one too and it wasnt so bad but the Becker ones kicked my butt. today im just doing some random MCQ to boost my confidence and hopefully reading through my notes thoroughly. my notes are massive so its a mission just to get through them! then tomorrow morning i'll wake up early listen to Ninja Audio and scan through some formulas. So close!!!

[Anonymous]

i took that one too and it wasnt so bad but the Becker ones kicked my butt. today im just doing some random MCQ to boost my confidence and hopefully reading through my notes thoroughly. my notes are massive so its a mission just to get through them! then tomorrow morning i'll wake up early listen to Ninja Audio and scan through some formulas. So close!!!

[Anonymous]

Does anyone know of any good mneumonics for AMT and ACE Adjustments? I need to get these memorized for tomorrow 🙂

[Anonymous]

Does anyone know of any good mneumonics for AMT and ACE Adjustments? I need to get these memorized for tomorrow 🙂

[CPA soon]

PANIC TIMME

AMT Adjustment (Individual):

+Passive loss

Accelerated depreciation

NOL

Installment sale income from dealer

Contracts – % vs. complete

+Tax deductions

+Interest deductions on home equity loans – (add back not for home portion)

+Med deductions (10% not 7.5%)

+Misc. deductions (add back 2%)

+Exemptions (personal) and standard deduction

FACCE

AMT Credits (Individual):

Foreign tax

Adoption

Child tax

Contribution to retirement plan

Earned income

3P

AMT Preference items (Individual + Corp)

Private bond

Pre-1987 accelerated depreciation

Percentage depletion deduction

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..

[CPA soon]

PANIC TIMME

AMT Adjustment (Individual):

+Passive loss

Accelerated depreciation

NOL

Installment sale income from dealer

Contracts – % vs. complete

+Tax deductions

+Interest deductions on home equity loans – (add back not for home portion)

+Med deductions (10% not 7.5%)

+Misc. deductions (add back 2%)

+Exemptions (personal) and standard deduction

FACCE

AMT Credits (Individual):

Foreign tax

Adoption

Child tax

Contribution to retirement plan

Earned income

3P

AMT Preference items (Individual + Corp)

Private bond

Pre-1987 accelerated depreciation

Percentage depletion deduction

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..

[CPA soon]

LIE

AMT Adjustment (Corp)

Long term contracts

Installment sale dealer

Excess depreciation

MIND

ACE your MIND (Adjusted Current Earnings – AMT Corp)

Municipal (or any tax exempt) interest income

Increase in CSV life insurance

Non SL depreciation

DRD (<20% owners, with 70% deduction)

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..

[CPA soon]

LIE

AMT Adjustment (Corp)

Long term contracts

Installment sale dealer

Excess depreciation

MIND

ACE your MIND (Adjusted Current Earnings – AMT Corp)

Municipal (or any tax exempt) interest income

Increase in CSV life insurance

Non SL depreciation

DRD (<20% owners, with 70% deduction)

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..

[CPA soon]

Good luck guys 🙂

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..

[CPA soon]

Good luck guys 🙂

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..

[Author]

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