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Hi everyone! I am currently studying for REG, and I’m wondering how the new exams deal with the 2010 changes in tax laws.
Will the test be updated to strictly cover 2010 thresholds/numbers now? (e.g. do the questions explicitly say that events occurred in 2010) or do some of the questions still use 2009 numbers?
The change that is of the biggest concern to me is the estate tax (Form 706). My understanding is that it has been repealed in 2010, but I am not sure if it is still fair game to be tested.
I am using Becker and a majority of the questions relate to the 2009 tax laws. So I’m wondering if anyone can give any advice on how to prepare for the exam given the tax law changes.
Thanks in advance!!!
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