1. 

   CHEF
   

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   I couldn't find the original post for this (or if there even was one)

   2011: 250K deductible for equipment purchased upto 800K, deduction reduced dollar for dollar over 800K

   2012: 125K deductible for equipment purchased upto 500K, deduction reduced dollar for dollar over 500K

   Is this right? Anyone take REG in 2012 have issues with this? I have the exam tomorrow and will pull my hair out if the choices for MCQ are between 2011 and 2012 deductions. Any help appreciated!

   BEC 78
   AUD 71 68 82
   REG 68 71 71 79
   FAR 65 77

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   Posted 4 months ago #
2. 

   jdj017400
   

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   The AICPA states that it only tests items that have been in effect for the previous 6 months. So the 2011 amounts should still be applicable.

   http://www.aicpa.org/BecomeACPA/CPAExam/ExaminationContent/NewPronouncementPolicy/Pages/new_pronouncements.aspx

   BEC - 80 (11/30/2010)
   AUD - 71 (05/31/2011), 79 (08/28/2011)
   REG - 70 (11/30/2011), 87 (02/09/2012)
   FAR -

   Posted 4 months ago #
3. 

   jdj017400
   

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   Also, your 2011 amounts stated above are incorrect. I think the 2011 amounts (via Becker Updates) is $500K up to $2,000,000.

   BEC - 80 (11/30/2010)
   AUD - 71 (05/31/2011), 79 (08/28/2011)
   REG - 70 (11/30/2011), 87 (02/09/2012)
   FAR -

   Posted 4 months ago #
4. 

   CPAMan
   

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   "I think the 2011 amounts (via Becker Updates) is $500K up to $2,000,000. "

   I was about to say the same thing. My Gleim book has those amounts.

   FAR: 52, 66, 73, 61, 89
   AUD: 47, 87
   BEC: 80
   REG: 64, 74, 84
   
   DONE!!!!

   Posted 4 months ago #

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