[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

[smsingla]

@insiyah…..I thought I was pretty comfortable with corporate tax till yesterday. But when I tried to SIMs in Wiley Test bank, I lost all my confidence. I was so frustrate, that I couldn't sleep last nite. I am planning to take REG by end of Octorber .I am looking for a study buddy now. I saw that you r from CA. I m from Bay Area. If you are close by, my be we can have a study-date. Let me know if you are interested in that.

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[smsingla]

@insiyah…..I thought I was pretty comfortable with corporate tax till yesterday. But when I tried to SIMs in Wiley Test bank, I lost all my confidence. I was so frustrate, that I couldn't sleep last nite. I am planning to take REG by end of Octorber .I am looking for a study buddy now. I saw that you r from CA. I m from Bay Area. If you are close by, my be we can have a study-date. Let me know if you are interested in that.

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[Kenada]

Oh nice. Yes I would be interested. Are you on Facebook on Another 71?

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

[Kenada]

Oh nice. Yes I would be interested. Are you on Facebook on Another 71?

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

[Kenada]

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

[Kenada]

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

[smsingla]

Yes I am

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[smsingla]

Yes I am

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[Kenada]

Ok my picture is the same as that here.

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

[Kenada]

Ok my picture is the same as that here.

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

[smsingla]

Just sent u a friend request on FB 🙂

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[smsingla]

Just sent u a friend request on FB 🙂

REG 81
BEC 74,65,78
FAR 79
AUD 85 DONE!!!

[cpaherewego]

Thank you to everyone that responded to my question. I thought that the receipent of the donation would not be taxed, but still had the question.

FAR - 10/13(retake)
AUD - TBD
BEC - TBD
REG - TBD

You can do anything you put your mind too!!!

[cpaherewego]

Thank you to everyone that responded to my question. I thought that the receipent of the donation would not be taxed, but still had the question.

FAR - 10/13(retake)
AUD - TBD
BEC - TBD
REG - TBD

You can do anything you put your mind too!!!

[Anonymous]

Guys, can someone PLEASE help me understand this question:

The partnership of Bond & Felton has a fiscal year ending September 30. John Bond files his tax return on a calendar-year basis. The partnership paid Bond a guaranteed salary of $1,000 per month during the calendar year 2011 and $1,500 a month during the calendar year 2012. After deducting this salary the partnership realized ordinary income of $80,000 for the year ended September 30, 2012 and $90,000 for the year ended September 30, 2013. Bond's share of the profits is the salary paid him plus 40% of the ordinary income after deducting this salary. For 2012, Bond should report taxable income from the partnership of

a) $50,000

b) $44,000

c) $36,500

d) $48,500

[Author]

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