Month: April 2018

Tax Trends and Federal Receipts for 2018

A recent report by the Joint Committee on Taxation (JCT) highlights some interesting tax trends over the last 75 years and makes important projections about federal tax receipts for 2018.[i] For starters, the individual income tax is expected to account for 50.0% of Federal receipts in 2018.  This...


The AICPA Releases Interpretation on Dual-Audit Reporting

The Auditing Standards Board (ASB), who promulgates generally accepted auditing standards (GAAS), recently released an interpretation to help any auditor of a “nonissuer” comply with reporting requirements under both AU-C Section 700, Forming an Opinion and Reporting on Financial Statements, and...


Tax Provisions Included in the Consolidated Appropriations Act

On March 23, 2018 President Trump signed into law the Consolidated Appropriations Act of 2018. The $1.3 trillion spending bill funds the federal government through September 30. This article explores the tax-related provisions included in this new law. Low-income Housing Credit  The low-income...


5 Reasons to Enroll in the Becker USMLE® Step 1 Live Review in Dallas

Preparing for the USMLE® is a major part of being a medical student. There are countless review options and we know that it can be tough to choose the perfect review course to complement your learning style without stressing your pockets. Let’s make this decision easy for you! Here are...


Time Management Tips for the CPA Exam

The CPA Exam uses a multistage testing format. If you do well on one testlet, the next testlet will be harder, so time management is key. Here are some tips to keep you on task when you sit for the exam: Move Quickly Through the First Testlet The first testlet is at a level of moderate difficulty....


Managing Stress on the CPA Exam

There is no denying that studying for the CPA Exam is an inherently stressful experience. One cannot completely eliminate that stress, and it probably wouldn’t be a good idea to do so because stress can be a motivator, but you don’t want the time you spend studying to be the worst experience of...