How should I review REG when it is my last section and a deadline is close?

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AcadiFi · Accepted Answer

When REG is your last section and the deadline is close, prioritize topics that unlock multiple question types. Basis is the best example...

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At fictional Northfield Tax Services, Chris has four weeks. Week one is individual tax and property transactions. Week two is entity taxation with basis. Week three is business law and professional responsibilities. Week four is mixed sets and simulations. Every day includes a small basis drill.

Use a basis flow. Start with initial basis, add contributions and income, subtract distributions and losses, then apply debt rules where relevant. For example, a partner contributing property subject to debt may recognize gain if relieved liabilities exceed basis. A shareholder receiving a distribution compares it to stock basis, accumulated adjustments, and earnings depending on entity type.

Do not let business law become an afterthought. Agency, contracts, debtor-creditor relationships, and business structures can provide efficient points if reviewed steadily. But in the final stretch, avoid rereading everything. Use missed questions to choose targets.

The deadline creates pressure, but pressure should sharpen the plan. Build around high-yield rules, mixed practice, and simulations that force you to apply rather than recognize. Practice more in our CPA REG question bank.

How should I review REG when it is my last section and a deadline is close?

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