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I am focusing more on basis and gain/losses, including individual property transaction, corporation, S corp, partnership. I’m doing better in that regard.
Some tax parts are just pain in ass, such as FICA taxes and credits and AMT
However, I find it difficult to keep up with memorization of other stuff. For example, agency rules, Security exchange act of 1933 1944 (the Reg A Reg D stuff) and the bankruptcy stuff.
If I haven’t read anything regarding to a specific chapter, i.e agency, and I immediately do an agency MCQ and SIM, I score like 55% on it.
Some parts are worse, for example, yesterday I did an MCQ on credit/AMT/losses and I scored 30% because most of my answers were pure guessing
FAR-80AUD-77
REG-75
BEC-82
I'm done done!
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