Wiley CPAexcel Exam Review April 2017 Study Guide

Author: Wiley
Publisher: John Wiley & Sons
ISBN: 9781119369431
Release Date: 2017-01-17
Genre: Business & Economics

The Wiley CPAexcel Study Guide: Regulation arms CPA test-takers with detailed text and skill-building problems to help identify, focus on, and master the specific topics that may need additional reinforcement to pass the REG section of the CPA Exam. This essential study guide: Covers the complete AICPA content blueprint in REG Explains every topic tested with 727 pages of study text, 436 multiple-choice questions, and 55 task-based simulations in REG Organized in Bite-Sized Lesson format with 109 lessons in REG Maps perfectly to the Wiley CPAexcel online course; may be used to complement the course or as a stand-alone study tool

Wiley CPAexcel Exam Review 2018 Study Guide

Author: Wiley
Publisher: John Wiley & Sons
ISBN: 9781119481072
Release Date: 2018-01-04
Genre: Study Aids

The Wiley CPAexcel Study Guide: Regulation provides detailed study text to help you identify, focus on, and master specific topic areas that are essential for passing the REG section of the 2018 CPA Exam. Covers the complete AICPA content blueprint in Regulation (REG) Authored and compiled by the same leading university accounting professors who author the Wiley CPAexcel online course Explains every CPA Exam topic tested on the Regulation (REG) section of the CPA Exam (one volume) Organized in Bite-Sized Lessons so you can learn faster and remember more of what you learn Updated for 2018 so you have the most accurate, up-to-date content available for the Regulation (REG) section on this year’s exam Maps perfectly to the Wiley CPAexcel Review Course; may be used to complement the online course or as a standalone study tool Study text only and does NOT include practice questions or practice exams. Use in conjunction with the Wiley CPAexcel Exam Review 2018 Test Bank: Regulation, which includes over 4,200 interactive multiple-choice questions and 200 task-based simulations.

Wiley CPAexcel Exam Review January 2017 Study Guide Complete Set

Author: Wiley
Publisher: Wiley
ISBN: 1119371473
Release Date: 2017-01-24
Genre: Study Aids

The complete set of Wiley CPAexcel Study Guides arm CPA test-takers with detailed text and skill-building problems to help identify, focus on, and master the specific topics that may need additional reinforcement to pass the CPA Exam. This complete set: Covers the complete AICPA content blueprint in Auditing and Attestation (AUD); Business Environment and Concepts (BEC); Financial Accounting and Reporting (FAR); and Regulation (REG) Explains every topic tested with 3,000+ pages of study text, 2,000+ multiple-choice questions, and 170+ task-based simulations in the complete set Organized in Bite-Sized Lesson format with 600+ lessons in the complete set Maps perfectly to the Wiley CPAexcel online course; may be used to complement the course or as a stand-alone study tool

Wiley CPAexcel Exam Review January 2017 Focus Notes Complete Set

Author: Wiley
Publisher: Wiley
ISBN: 1119412412
Release Date: 2017-04-10
Genre: Study Aids

Reinforce key concepts for every section of the CPA Exam with these easy-to-read and carry spiral-bound focus notes. Learn acronyms and mnemonic devices to help you remember accounting rules, checklists and more. Let Wiley CPAexcel Focus Notes help you memorize formulas, concepts, acronyms and more. Drill yourself on key steps in performing needed financial calculations or tasks. Learn important strategies for taking the exam more quickly and accurately. Solve exam questions and reinforce material being studied with a simplified, focused approach. Memorize a variety of rules and checklists with our acronyms and mnemonics. Covering the entire gamut of required subjects and skills, these handy supplements provide critical knowledge in an easy-to-understand and easy-to-remember format.

Advanced Tax Strategies for LLCs and Partnerships

Author: Larry Tunnell
Publisher: John Wiley & Sons
ISBN: 9781119512394
Release Date: 2018-04-17
Genre: Business & Economics

What works best for clients? Learn the pros and cons of the LLC, general partnership, limited partnership, and limited liability partnership by focusing on planning and potential tax traps. This title offers a review of distinct advantages of these entities coupled with an examination of the risk members and partners face if they do not have a solid tax plan to minimize their exposure. In addition, the authors explore some of the more intricate rules and regulations of these entities so you can move your working knowledge of partnership and LLC taxation beyond the basics. This book prepares the reader to do the following: Analyze a partnership or LLC agreement to determine whether any special allocations in the agreement will be allowed under Code Section 704(b) Identify the potential economic consequences of special allocations to a partner or LLC member Identify the potential tax consequences when a partner or LLC member has a negative balance in his or her capital account Recognize the relationship between partnership and LLC allocations of profit and loss and the allocation of the risks and rewards of entity operations Distinguish between the requirements for substantiality and those for economic effect under the regulations Distinguish between "book" allocations required under Section 704(b) and "tax" allocations required under Section 704(c) Recognize the three methods described in the Section 704(c) regulations to make special allocations with respect to contributed property Determine when a non-contributing partner or LLC member will or will not be protected by required allocations under Section 704(c) Calculate the gain that can result from reallocation of liabilities when a partner joins a partnership Calculate a partner's or member's share of recourse liabilities of a partnership or LLC Distinguish between recourse and nonrecourse liabilities of a partnership or LLC Analyze the impact of a partner or LLC member's guarantee of a recourse or nonrecourse liability of the entity Recognize when to treat a liability as a recognized versus contingent liability and understand how to account for partnership or LLC contingent liabilities Calculate the basis of each property received by a partner receiving multiple properties in a liquidating vs. non-liquidating distribution from a partnership or LLC Recognize which properties will receive a step-up or step-down in basis when multiple properties are received from a partnership or LLC Allocate basis increases or decreases among multiple properties for federal income tax purposes Determine when an Internal Revenue code (IRC) Section 754 election will allow a partnership or LLC to adjust its basis in its assets Allocate required basis adjustments among partnership or LLC assets Determine the tax consequences associated with the sale of a partner's or member's interest in a partnership or LLC Recognize how using the installment method to account for the sale of a partnership interest will affect how the partner will report his or her gain on the sale Recognize when the sale of an interest in a partnership will trigger a technical termination of the partnership Determine the tax basis and holding period of assets owned by the partnership following a technical termination Determine the tax consequences associated with subsequent dispositions of built-in gain or loss assets following a technical termination