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neott
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Joined: 02 Jan 2009
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| Posted: 20 Mar 2009 at 02:15 | IP Logged
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HI, I'm taking this Reg in May 2009 and I need your advice on changes to tax rates, benefits, & rules.
Should I use 2008's tax rates, personal exemption, standard deduction, modified AGI limits for IRAs, & etc. or the 2009's rates if I see a question covering these topics on the exam? Thank you all in advance!
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shalgo
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Joined: 27 Dec 2007
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| Posted: 20 Mar 2009 at 02:55 | IP Logged
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I didn't have a single question in the exam that asked any amount related to any particular year so don't worry they don't ask any rate or limits.Only important amount to remember is section 179 deduction.
__________________
BEC-83
FAR-89
AUD-79
REG-91
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neott
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| Posted: 20 Mar 2009 at 03:17 | IP Logged
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Thanks, shalgo. I hope u get a beautiful score on Reg and be done with this exam ^O^
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Topic: Quick question on Tax
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