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My REG Experience

I have put in about 30 hours of studying since Sunday night. I had the good fortune of work being extremely “slow” this week for me, so guess who sat at his desk and studied all day Mon-Wed? While going through Yaeger‘s DVD course, I filled a legal pad with notes. Starting Monday, I re-wrote those notes and spent about 2 full days doing it. I knew I would forget all of those little tax nuances and I was right. It was like I was re-learning the material. I took Wiley's practice exam tonight with their software and scored a 75 on the MCQs and a 63 on the sims (Shareholder Contribution to Corp and Indiv Tax). I went back through the incorrect answers and I had made some stupid mistakes and on some questions I was leaning one way when I should have been leaning the other. My exam

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My REG Experience

Although I've scored two consecutive 74s on Regulation and own Yaeger‘s cram DVD (I didn't use it on my last attempt aside from Corps because I was swamped with BEC and up against the deadline or I lost FAR), I made a deal with myself that I would slow down and go back through REG from start to finish and watch every second on Yaeger‘s 9 DVD REG course, and that's what I'm doing. So far, I've been through Individual Tax, Transactions, Gift/Estate/Trust Tax, and Partnerships. Along the way I've filled up 50 pages of a legal pad with notes, which I review periodically. Today and tomorrow will be filled with (aside from an inconvenience called “work”) Corporations and then Business Law and Accountant's Responsibilities/Ethics this weekend. On Monday, I'll go through all of my notes and begin working all of Dr. Yaeger's recommended questions from the Wiley book (keep

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My REG Experience

I'm 18 days out from my exam and I intend on being completely through my REG lecture DVDs in a week. Yaeger‘s REG program has 9 DVDs and I'm on Disc 2. Hmmmm. I'm a prodigious procrastinator and when you couple this with the fact that I'm a news/sports junkie, I tend to goof off instead of study when I'm using my laptop. Lets see…Like Kind Exchanges…AMT Preference Items…no – I know…I'll see what's on the Drudge Report or ESPN.com. To combat this, I'm going on a sort of mini-fast from the internet the next 7 days. As I've posted before, you can watch Yaeger‘s DVDs on your home DVD player. Most review programs leave you chained to a computer and I am thankful for this because I need to unplug and focus. This is probably a shocker, but it's painful to study for a test you were one point

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My REG Experience

I scheduled my Quarterly 74 on Regulation for… Thursday August Twenty-Eight, Two Thousand and Eight You are cordially invited to attend. Hors d'oeuvres and cash bar to follow.

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Study Tips

Struggling with the CPA Exam? You're not alone.

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News

They're up from the first quarter of 2008. My guess is that tax season/year end audits for calendar year corps has something to do with it. Get the pdf here.

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