Hi all,
I'm Moe. This is my first crack at REG (passed FAR Dec 19, 2018) and I'm wondering if any of you veterans can offer some insight into the exam. I earned an Enrolled Agent credential a few years back and the exam tested phase outs and calculations fairly deeply. I've been told that the CPA exam is a bit more surface level, especially for individual tax credits etc.
(1) Can anyone discuss the extent to which phase outs and credit calculations are tested on the CPA exam?
(2) Any specific phase outs and calculations you recall from a previous exam that you think us newbies should definitely master, aside from the TCJA changes?
(3) Any other insight into the depth of knowledge tested on REG is also really helpful!
