Top Secret MCQ: 4 17 17 - Another71. com Depreciable property used in a business is a Section 1231 asset Section 1245 only applies to the sale of personal property at a gain Section 1250 applies to the sale of real property at a gain 3 Answer C Generally, a trustee would have the power to sell trust property, pay management expenses, and employ a CPA to prepare trust tax returns
Ready for REG? - Another71. com Me: 1231 loss – capital or ordinary!?!?! Old tax guy: Capital Me: AHHHH – it's Ordinary! Old tax guy: Well, sort of…you have this thing called a ‘lookback' provision…(commence 20 seconds of tax speak that caused my mind to wonder all the while I nodded in complete agreement)…ahh nevermind – that's beyond the scope of the exam…
Which Section of the CPA Exam should I take first? Once you pass a section, your 18 month window begins (from the date you sat for the exam, not the date that you received your results) You don't want to pass the easiest section (Auditing) and then struggle with FARE 5x and lose AUD I say that Auditing is the easiest section, but “easiest” is a relative term
CPA Exam Pass Tips: Take two CPA Exam sections at a time According to the Uniform CPA Examination Alert, students who took two sections in a testing window were more likely to pass one section of the CPA Exam than those who took just one Thought: Makes sense… Students who took two sections were also more likely to pass both of them than pass just one Thought: Ok, finally something to chew on
Becker Expired - 4 Week Study Plan? Another71. com Alex writes in, I recall when reading through the digital materials that there is a way to alter your proposed plan for each section of the CPA exam, but I can't seem to find it now I'm about to study for BEC again
CPA Exam Myths Debunked Featured in Missouri Society of CPAs The Asset . . . My interview with the AICPA titled “CPA Exam Myths Debunked” is featured in the September 2009 issue of “The Asset” magazine, which is published by the Missouri Society of CPAs The staff at The Asset did a great job incorporating the article into the publication Read a PDF version of The Asset
I Passed the CPA Exam with a 92 on Regulation - another71. com Congrats!!! I passed Reg as well with a 90! I was also very shocked with my score I never though I would be receiving anything over a 90 on a section of the CPA exam HA! Now only FAR stands in both of our ways I have a solid two months to study Good luck!!