i worked in tax for many years, for a small CPA firm with S-corp, C-corp, partnership, individual, fiduciary clients. heck, we even do a gift tax or GST tax return every once in a while, I thought i was very well-rounded when it comes to tax and have seen many scenarios, I thought I was a baller and would pass REG with ease.
that is…until i started studying for REG. i falsely thought my experience in tax would give me an advantage. i am very discouraged after my first few days of studying. the material is absolutely crazy and unfit for memorization. we go to CCH database to look anything technical up. nobody in their right mind is expected to have this stuff memorized except for a CPA candidate, . I have 30 days left until the exam and i think i screwed myself over.
this thread is on point! i share your frustrations guys.
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