This class was created by Brainscape user Nicole Peck. Visit their profile to learn more about the creator.
By:
Nicole Peck
- decks
- flashcards
- learners
Decks in this class (35)
Chapter 1 Section 1-2: Filing Status and Exemptions
What is the difference between an...,
What does an extension request ex...,
What date decides your filing status
18
cards
Chapter 1 Section 3: Gross Income
What can passive losses offset,
What creates capital gains or losses,
What value do you record property at
44
cards
Chapter 1 Section 4: Employee Stock Options
When is a nonqualified option taxed,
When does the employer deduct a n...,
What are the types of qualified o...
5
cards
Chapter 2 Section 1: Adjustments and Itemized Deductions
How do self employment fica self ...,
What are deductions to arrive at ...,
What amount can be deducted for e...
85
cards
Chapter 2 Section 2: Tax Calculations and Credits
Can personal tax credits give you...,
What is the child and dependent c...,
What is the credit for the elderl...
16
cards
Chapter 2 Section 3: Other Taxes
What is the formula for amt,
What is the formula for the exemp...,
What are the adjustments and item...
6
cards
Chapter 2 Section 4: Other Items
What is the statute of limitation...,
What is the statute of limitation...,
What is the statute of limitation...
7
cards
Chapter 2 Section 5: Tax Standards and Research
What is the hierarchy of the main...,
What are the 7 topics for the aic...,
Explain tax return positions rule
9
cards
Chapter 3 Section 1: C Corporations
What is the only entity whose ear...,
Does the corporation recognize ga...,
At what basis does the corporatio...
79
cards
Chapter 3 Section 2: Small Business Corporations (S Corps)
What is the general effect of s c...,
Who are eligible shareholders,
What is the shareholder limit
17
cards
Chapter 3 Section 3: Exempt Organizations
What is the most common type of e...,
What can a 501 c 3 not do,
What is a 509 private foundation
8
cards
Chapter 3 Section 4: Multi-Jurisdictional Tax Issues in Federal Taxation
Define controlled taxpayer,
Defined controlled transaction,
Define uncontrolled comparable
5
cards
Chapter 4 Section 1: Property Taxation
Define real property,
Define personal property,
Define capital assets
53
cards
Chapter 4 Section 2: Partnership Taxation
In general is the formation of a ...,
What do your liabilities assumed ...,
Whats the holding period for asse...
21
cards
Chapter 4 Section 3: LLC Taxation
Are llc members personally liable...,
How can an llc be taxed,
Define a disregarded entity
3
cards
Chapter 4 Section 4: Estate, Trust, and Gift Taxation
What taxes are estates subject to,
What is the unified estate and gi...,
Define distributable net income dni
32
cards
Chapter 5 Section 1: Ethics and Professional Responsibilities in Tax Services
Who falls under the authority of ...,
What are the four primary authori...,
Are irs publications a primary au...
56
cards
Chapter 5 Section 2: Sarbanes-Oxley Act of 2002
How many members are on the pcaob...,
Who oversees the pcaob,
What are the three duties of the ...
20
cards
Chapter 5 Section 3: Federal, Legislative, and Judicial Processes; the IRS; and Taxpayer Penalties
What is the federal legislative p...,
What is the discriminant inventor...,
Who is more frequently subject to...
31
cards
Chapter 5 Section 4: CPA Legal Liability
What are the three ways cpa legal...,
Who can sue for breach of contract,
Do you get paid if your breach of...
15
cards
Chapter 5 Section 5: Securities Regulation
What does the 1933 act regulate 1934,
Are cds or general partnership in...,
What is a prospectus
32
cards
Chapter 6 Section 1: Contracts
Define contract,
Define express contract,
Define implied in fact contract
67
cards
Chapter 6 Section 2: Sales
Define goods,
Define merchant,
What obligation is imposed on eve...
32
cards
Chapter 6 Section 3: Copyrights and Patents
What is the life of a copyright,
What are the rights under a copyr...,
What are the exceptions to copyri...
8
cards
Chapter 7 Section 1: Commercial Paper
Why were commercial paper laws cr...,
What is a note,
What is a certificate of deposit
44
cards
Chapter 7 Section 2: Secured Transactions
What is a secured transaction,
What is a security interest,
When is a security interest effec...
30
cards
Chapter 7 Section 3: Bankruptcy
What are the most important types...,
What is chapter 7,
Who can fall under chapter 7
43
cards
Chapter 8 Section 1: Suretyship and Creditors' Rights
Define surety,
Who are the three parties in a su...,
What is the primary difference be...
30
cards
Chapter 8 Section 2: Agency
Define agency,
In an agency relationship which p...,
Under what circumstance is an age...
23
cards
Chapter 8 Section 3: Business Structures
What goes into the formation of a...,
What liability does a general par...,
Who can manage a general partnership
69
cards
Chapter 8 Section 4: Employer-Employee Law
What does fica do what is it,
Who must participate in fica,
Who pays for fica
38
cards
Chapter 8 Section 5: Money Laundering
Define money laundering,
What are the three steps to money...,
What is the bank secrecy act
11
cards
Chapter 8 Section 6: Antitrust Law
What do antitrust laws do,
What is the sherman act,
What is the rule of reason test i...
30
cards
Chapter 8 Section 7: Documents of Title
What does article 7 govern,
What do warehouse receipts represent,
What do bills of lading represent
13
cards
Chapter 8 Section 8: Dodd-Frank Act of 2010
What is the dodd frank act,
What does title 1 of the dodd fra...,
What does the fsoc do
10
cards
More about
CPA: REG
- Class purpose General learning
Learn faster with Brainscape on your web, iPhone, or Android device. Study Nicole Peck's CPA: REG flashcards now!
How studying works.
Brainscape's adaptive web mobile flashcards system will drill you on your weaknesses, using a pattern guaranteed to help you learn more in less time.
Add your own flashcards.
Either request "Edit" access from the author, or make a copy of the class to edit as your own. And you can always create a totally new class of your own too!
What's Brainscape anyway?
Brainscape is a digital flashcards platform where you can find, create, share, and study any subject on the planet.
We use an adaptive study algorithm that is proven to help you learn faster and remember longer....
Looking for something else?
CPA - REG
- 17 decks
- 1285 flashcards
- 180 learners
Decks:
Agency, Bankruptcy, Business Structure, And more!
PRE-REG
- 30 decks
- 1443 flashcards
- 1110 learners
Decks:
Miscellaneous, Paracetamol Ibuprofen In Children, Cardiovascular System, And more!
CPA AUD Flashcards
- 62 decks
- 14483 flashcards
- 91 learners
Decks:
Class Questions, Mcqs Review, Aud 1 Audit Standards Engagement Plannin, And more!
