[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]

Hey Skrier, Thank you !

We can work together and get this monster under our belt 🙂

I would like to also add to what ajurew1 said about the MACRS. I am seriously weak in property transactions. So if anyone has a good grasp on this please help those of us that are stuck understand it better 🙂

What review course are you using?

@ Qlad Skrier explained it well why the answer is 20,500 :). Think of it this way, when companies prepares their p&l, they will have deducted all the meal & Entertainment and the Federal tax they paid last year.

Now when you are calculating what your Taxable income is this year you have to add back 50% of your meals & entertainment and 100% of the Federal Tax expense.

Remember Federal Tax expense is not a deductible expense so always add it back to get to your taxable income.

Hope this helps 🙂

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

[Skrier]

insiyah24 I am using Becker and Ninja Notes….hoping that is enough to get through this. Had a 73 the first time around, so I am hoping with the details I am picking up and some help from this forum, that will make all the difference.

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

[Skrier]

insiyah24 I am using Becker and Ninja Notes….hoping that is enough to get through this. Had a 73 the first time around, so I am hoping with the details I am picking up and some help from this forum, that will make all the difference.

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

[Kenada]

I am using Rogers, Wiley and Gleim. I do have the Ninja notes and the Audio. We can definitely share our resources 🙂

I hate commercial papers… i just can't seem to ever get it right… frustrating.

Which of the following instruments is subject to the provisions of the UCC article on negotiable instruments?

A. Corporate bearer bond with a maturity date of December 1, Year 2.

B. Installment note payable on the first day of each month.

Answer (B) is correct.

Article 3 of the UCC regulates negotiable instruments. This article specifically lists four kinds of negotiable instruments: checks, drafts, promissory notes, and certificates of deposit. An installment note falls within Article 3 and is subject to its provisions.

C. Bill of lading payable to order.

D. Warehouse receipt.

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

[Kenada]

I am using Rogers, Wiley and Gleim. I do have the Ninja notes and the Audio. We can definitely share our resources 🙂

I hate commercial papers… i just can't seem to ever get it right… frustrating.

Which of the following instruments is subject to the provisions of the UCC article on negotiable instruments?

A. Corporate bearer bond with a maturity date of December 1, Year 2.

B. Installment note payable on the first day of each month.

Answer (B) is correct.

Article 3 of the UCC regulates negotiable instruments. This article specifically lists four kinds of negotiable instruments: checks, drafts, promissory notes, and certificates of deposit. An installment note falls within Article 3 and is subject to its provisions.

C. Bill of lading payable to order.

D. Warehouse receipt.

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

[Qlad]

@ skrier insiyah…thanks guys u have really knocked that doubt totally…

No offense to anyone…but before today, no one wud answer a query on this thread for a day or two as all inexperienced candidates like me were left lol ….the thread is buzzing with a new energy to kill this exam in Oct…..

I have found a new confidence just in a few hours that i can do it too…otherwise i was depressed bcoz I really can't understand tax….thanks to u guys…thanks a lot

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

[Qlad]

@ skrier insiyah…thanks guys u have really knocked that doubt totally…

No offense to anyone…but before today, no one wud answer a query on this thread for a day or two as all inexperienced candidates like me were left lol ….the thread is buzzing with a new energy to kill this exam in Oct…..

I have found a new confidence just in a few hours that i can do it too…otherwise i was depressed bcoz I really can't understand tax….thanks to u guys…thanks a lot

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

[Kenada]

Anytime, I intend to be as active on this thread as possible and provide as much support to the areas I am strong in. I sure my weakness will be someone else strength and vice versa 🙂

We work together we can make it. I will be online mostly during the evenings and nights since I work during the day. I hope to log at lunch time if possible..

Doing Commercial papers now and wow i serious suck at it 🙁

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

[Kenada]

Anytime, I intend to be as active on this thread as possible and provide as much support to the areas I am strong in. I sure my weakness will be someone else strength and vice versa 🙂

We work together we can make it. I will be online mostly during the evenings and nights since I work during the day. I hope to log at lunch time if possible..

Doing Commercial papers now and wow i serious suck at it 🙁

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

[Qlad]

@ insiyah.. i did individual tax…did not understand…went on to corps…still struggling…still went on to s corps and partnership / estates…everything is mixed up by now…but thinking i will just keep going and then come back again to see what i got …

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

[Qlad]

@ insiyah.. i did individual tax…did not understand…went on to corps…still struggling…still went on to s corps and partnership / estates…everything is mixed up by now…but thinking i will just keep going and then come back again to see what i got …

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

[Kenada]

I can help with Individual and Corps. Partnerships I so so… Business law i suck LOL.. all that legal mambo job.

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

[Kenada]

I can help with Individual and Corps. Partnerships I so so… Business law i suck LOL.. all that legal mambo job.

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

[sssara25]

@insiyah24 just finished individual taxation and am really struggling on keeping everything straight. im using becker and just purchased the ninja notes and audio. any suggestions?

[sssara25]

@insiyah24 just finished individual taxation and am really struggling on keeping everything straight. im using becker and just purchased the ninja notes and audio. any suggestions?

[Author]

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