Hey, Jeff. Found out yesterday, made a 70 on far I’ve passed BEC and audit. And this is the first time. First time I’ve taken far and say failed it with a 70 my 18-month clock runs out in a. But 20% through the NINJA CPA Review materials for reg. So I’m trying to decide,

How long do you recommend studying for a retake? Just found out I failed auditing with a 64. I recommend studying for a retake the same as if you were studying for the first time. And the reason for that is people oftentimes go in and they’ll fail and then they’ll think, okay, I’m just

Hey Jeff. I failed reg with the 70 in June supplementing with NINJA CPA for my second. I have a retake tomorrow morning with the 2021 changes. What can I expect with regards to question wording? Will they tell me to use 2021 tax law numbers? No, I don’t think it’ll tell you “2021” or

Hey Jeff, I’m beginning my CPA exam preparation. How many weeks should I plan for each test? So I actually get this question a lot and I answer it in ranges so far and regulation I would take I think seven weeks is the sweet spot. Between six and eight weeks, never more than eight

Topics covered on this podcast:

Intro: CPA Exam Pass Rates for Q2 2021

1. Hey Jeff – I’m beginning my CPA Exam preparation. How many weeks should I plan for each test? – Denise

2. I just resubscribed to NINJA after failing the FAR section for my 5th time on June 29th with a 67 (My other scores were 59 [12/28/20, I used NINJA before my 2nd attempt and then got a 68 [2/11/21], 52 [3/23], and 70 [Originally scheduled for 5/14, but halfway through taking my exam, the entire testing center crashed and had to retake it on 6/4]). [I then figured maybe to ‘rush my retake before June 30th]. My ‘primary’ CPA course is Roger. Now, here I am, with my 6th attempt scheduled for September 1st (3.5 weeks). I wanted to know if you had any tips to help because I am almost on the verge of ‘throwing in the towel’ and saying, “I guess this isn’t for me.” 🙁 Also, do you think I should reset my data in the MCQs Dojo? Thanks so much!!! Yitzchak

3. Your reg notes say NOL for 2018 and beyond are limited to 80% taxable income and carried forward indefinitely. I believe this is wrong. Because of the cares act, this changed to 2018-2020, has no limit on taxable income, and can be carried back five and forward indefinitely. Then beginning 2021, it has the 80% limit and is carried forward indefinitely. Am I correct?- Josh

and more…