Deductions and Credits: The REG Exam is a Bear

Joshua GraunkeJoshua is a [A71 product=”combo”]NINJA CPA blogger[/A71].

“There are only two tragedies in life: one is not getting what one wants, and the other is getting it.” – Oscar WIlde

I’ve been thinking about this quote a lot as I sit awake at night studying REG while simultaneously sweating out BEC results.

While the idea of getting my CPA license is a lifelong dream, there comes an added level of pressure to maintain the standards and expertise inherent of a CPA.

Since I’ve started taking the exam, I’ve had 2 friends come to me for tax advice (I’m a consultant), and I have realized that this certification is a responsibility as well as an accomplishment.

REG has been a bear thus far. All of the different types of deductions and credits have my head spinning, and we’re not even to the business law portion of the book.

I have pushed back my test date from February to April to give myself more time to fully engage in the [A71 product=”mcqs”]NINJA method[/A71] and hopefully get this test over with on the first attempt.

I am hoping for some good news coming my way for the upcoming score release, but that is outside my control at this point. What I can control is my preparation for the next exam and keeping to the schedule I set for myself.

It will be a long few days to the score release, but I will need to keep my focus away from the cursed NASBA countdown clock.

Hi-ya!

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Nathaniel Gasper 6 years ago

Let me know, by how much, you passed BEC. For me REG was almost as difficult as FAR. I feel your pain. My knowledge of tax law does not go beyond filing my personal form. I passed both REG (barely) and BEC (comfortably). I need to pass FAR and AUD by November2016. Ninja has been helpful.