Why Passing REG in 2018 is Critical!

If you’re planning on taking the CPA Exam in 2018, it’s important to consider sitting for the REG section of the Exam now.  Why? The new tax bill passed in December of last year will be eligible for testing on REG beginning January 1, 2019. At that time, CPA Candidates won’t only need to understand the facets of the new tax bill, but also how to apply it to real life situations—all of which will be new information and material topics included on the REG section next year. Therefore, sitting for REG before these monumental changes occur is highly recommended.

Why Is It Critical to Sit for REG Now?

From the AICPA:

The AICPA Board of Examiners (BOE) recently approved January 1, 2019 (19Q1) as the date on which content related to the “Tax Cuts and Jobs Act” (Public Law No. 115-97 An act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018) will be eligible for testing on the Uniform CPA Examination (the Exam).

What does that mean for CPA Candidates wanting to avoid the massive REG changes? Sit for REG before the Q4 2018 testing window ends on December 10th, 2018.

What Reg Content Areas Will Be Most Affected by the Tax Bill?

The REG content areas most affected will be Federal Taxation of Property Transactions (12-22%), Federal Taxation of Individuals (15-25%), and Federal Taxation of Entities (28-38%).

Content areas that will be most affected by the tax plan will be Areas III, IV, and V. 

Content AreaAllocation
Area IEthics, Professional Responsibilities and Federal Tax Procedures 10–20%
Area IIBusiness Law10–20%
Area IIIFederal Taxation of Property Transactions12–22%
Area IVFederal Taxation of Individuals15–25%
Area VFederal Taxation of Entities28–38%

What If I’m Not Prepared to Sit for REG Now?

Don’t worry! With the power of our new SmartPath Predictive Technology™, we’re helping our students pass the CPA Exam faster than ever before. With Smartpath™, you’ll receive data-supported targets to reach your study goals that are based on the performance of students who have passed the CPA Exam before you. That means we’ll show you exactly what to study and how much, taking the guesswork out of CPA Exam preparation. In addition, our lectures and high-quality Multiple-Choice Questions will equip you to pass the REG Exam before the changes go into effect.

We’ve helped over 200,000 students reach their CPA goals. Now, it’s your turn. Try our program for free and #TaketheSmartPath.