September 21, 2018 at 2:59 pm #1988033
Welcome to the REG CPA Exam study group for October, November, and December 2018 exams. 🙂
Please introduce yourself & when you're taking your exam (approximate timeframe).
REG Study Group Links and Resources:
September 21, 2018 at 10:03 pm #1991321
- NINJA Monthly – Full REG Course for $67/mo
- How to Study for REG with NINJA Only
- How to Pass REG in 20 Days
- How to Retake REG After Failing
- Video: Study Advice for REG
- CPA Reviewed Podcast
- CPA Exam Score Release Dates
- NINJA MCQ Trending vs Actual REG Scores
- I Passed the CPA Exam!
- I Passed REG!
- NINJA REG SIMS List by Topic
- Free CPA Review: REG
Can anyone suggest study format for someone who has no knowledge of US taxes? Scheduled exam for 06 dec 2018. Can study 6hr/day. But feel like 2+ months will not be enough since everything is new to me.
AUD 81. June 18
BEC 79. Sep 18
REG scheduled Dec 18
FAR tbdSeptember 22, 2018 at 12:44 am #1991402
1. I am giving my REG exam on 19th November 2018
2. I am most comfortable with Property taxation
3. I am weakest in individual taxation to know the difference between adjustments and deductions and credits.September 22, 2018 at 8:45 am #1991591
Jimmy G and the BoysParticipant
1. I am taking REG on November 3rd
2. I am most comfortable with Federal Taxation of Entities (I did a lot of business tax returns at my old job)
3. I am weakest in business law, because I am an accountant, not a lawyer.September 22, 2018 at 12:08 pm #1991933
1. Taking REG early November(not decided date yet!)
2. Most comfortable with Individual Tax(so far)
3. Weakest link is business law. I enjoy it so hopefully the review will respark my memory.
FAR down! REG is next! *Ninja Chop*September 22, 2018 at 3:06 pm #1992152
1. Taking REG late November.
2. Most comfortable with business law.
3. Weakest link is corporate tax.September 22, 2018 at 9:29 pm #1992590
1. Taking Reg in Oct ( 20 days) 🙁
2. I'm most comfortable with individual
3. My weakest link is probably property transactions / business law.
Very open for suggestions, if anySeptember 22, 2018 at 10:28 pm #1992620
1. Taking Reg in Dec
2. I'm most comfortable with individual taxation
3. My weakest part is corporate and entity taxation 🙁September 23, 2018 at 12:35 pm #1993238
1. taking reg late nov (last paper)
2. havent started yet, been away from studying more than 5 months, i find it really hard to get back to the study moodSeptember 23, 2018 at 2:19 pm #1993406
1. I’m taking REG on 11/17
2. I’m most comfortable with Partnership, S Corp taxation
3. I’m least comfortable with individual and c Corp taxationSeptember 23, 2018 at 4:50 pm #1993586
1. Scheduling Reg for early December
2. I'm most comfortable with individual and partnerships
3. Least comfortable with C-CorpsSeptember 23, 2018 at 6:41 pm #1993700
My tentative exam date is Oct 6ish
I feel comfortable with business law section so far bc it's straight fwd
I still feel worried about IRA'a deductions and AMT. Hopefully, they wont be on the exam (fingers crossed)September 23, 2018 at 7:22 pm #1993775
My exam date is Nov 5th
I feel comfortable with property and partnership tax
I am worried about corp, individual and blawSeptember 23, 2018 at 8:13 pm #1993832
My exam date – Early December.
I feel confident with all tax material.
My weakness is a Blaw, especially Security acts and contracts , I hope that doing a lot of MCQ will help me with understanding those conceptsSeptember 23, 2018 at 10:28 pm #1994012
Does anyone get this?
Johns owns 400 shares of Abco Corp. cumulative preferred stock. In the absence of any specific contrary provisions in Abco's Articles of Incorporation, which of the following statements is correct?
A) Johns is entitled to convert the 400 shares of preferred stock to a like number of shares of common stock.
B) If Abco declares a cash dividend on its preferred stock, Johns becomes an unsecured creditor of Abco.
C) If Abco declares a dividend on its common stock, Johns will be entitled to participate with the common stock shareholders in any dividend distribution made after preferred dividends are paid.
D) Johns will be entitled to vote if dividend payments are in arrears.
If Abco declares a cash dividend on its preferred stock, won't Johns get the money that he is entitled to?September 24, 2018 at 7:23 am #1994252
Answer is B. Declaring a cash dividend is not the same as paying it. So when it's declared, it becomes a liability on Abco's books payable to John (and other preferred s/h). Since the dividend payment is not secured by anything, John is an unsecured creditor.September 24, 2018 at 9:26 am #1994453
1. Approx exam date (Late October, mid-November, etc) Hopefully last day of testing window December 10
2. Topic you're most-comfortable within this exam section : Corporate Tax
3. Topic you're weakest in / worries you the most. Individual tax – BlawSeptember 24, 2018 at 12:40 pm #1994837
Old and Nonnative CPA candidateParticipant
1. Taking REG late November.
2. Most comfortable with individual tax since whether I like it or not, I had to research to the certain extent in order to get more refund on my tax return every year.
3. Weakest link is business law because of a lot of memorizing.September 24, 2018 at 12:48 pm #1994864
Back again. Ugh.
Really wanting to get my best score this time around. My only fail out of all four. I am weak in parts of all areas, but better in the business law and ethics. This is truly my hardest exam. Let's hope for a win this time! Retaking 11/15.September 24, 2018 at 1:44 pm #1994954
1. Approx exam date (Late October, mid-November, etc): Well my studying has been super delayed but I'm hoping to take it in late November now.
2. Topic you're most-comfortable within this exam section: Corporations/Partnerships and other business entities
3. Topic you're weakest in / worries you the most: Securities laws. I don't know if Gleim is just too detailed but it seems like a lot to memorize.
Also, I have a question regarding b-law. In the agency section Gleim mentions the Second Restatement and the Third Restatement and how they conflict in certain areas. Does the Third Restatement not override the Second Restatement? It seems to want me to learn both for some reason. Is it because certain jurisdictions may not have adopted the Third Restatement? I'm confused so if anyone can shed some light I'd appreciate it.September 25, 2018 at 5:56 am #1995731
1. Planning to take REG the week of November 5th
2. Most comfortable with property tax
3. Least comfortable with entity tax and b-lawSeptember 25, 2018 at 9:17 am #1995944
1. Taking Reg 11/16
2.Most comfortable with S corp
3. Least comfortable with Estates and trustsSeptember 25, 2018 at 3:15 pm #1996475
Taking Reg on 11/17/18.
Most comfortable with taxation for property transaction.
Least comfortable with taxation of entities. 🙁 🙁 🙁September 25, 2018 at 3:42 pm #1996532
1. I am taking REG on 10/15/2018.
2. I am most comfortable with individual tax.
3. I am least comfortable with corporate and entity taxation.September 25, 2018 at 6:22 pm #1996715
1. Scheduled for Dec 10th
2. Just started studying, but I imagine b-law and ethics I will be most comfortable with as I have little to no tax experience
3. Topic you're weakest in / worries you the most- Everything. Learning tax from the ground up!September 25, 2018 at 7:20 pm #1996808
1. I'm taking REG again November 17th
2. Topics I'm most comfortable with are Business law
3. Topics I'm weakest in are AMT and Corp. TaxationSeptember 26, 2018 at 7:14 am #1997165
1. Approx exam date – Late October
2. Topic you're most-comfortable within this exam- Business law and ethics (Usually I'm not sure about anything when I'm studying, but since I failed REG this Q, my report showed I did fairly well in this area)
3. Topic you're weakest in / worries you the most – All the different basis (corp, individual, partnerships) confuses meSeptember 26, 2018 at 11:23 am #1997504
1. Re-take November 6th
2. Individual tax
3. Corporate tax, gift tax, trust/estate taxSeptember 26, 2018 at 1:18 pm #1997738
1. Taking REG late November/early December
2. Most comfortable with individual & corporate taxation
3. Weakest in Business LawSeptember 26, 2018 at 1:24 pm #1997762
1. Hoping for early to mid November (3rd attempt)
2. Most comfortable with business law & ethics
3. Worried about entity taxation and property transactions
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