Browse Taxation and Regulation (REG)
-
-
-
-
- 9.1 Rights, Duties, and Liabilities of Debtors, Creditors, and Guarantors
- 9.2 Bankruptcy Basics and the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
- 9.3 Secured and Unsecured Transactions under the Uniform Commercial Code (UCC)
- 9.4 Priorities, Perfection, and Enforcement of Security Interests
-
-
-
- 14.1 Items Included in Gross Income (Wages, Dividends, Pensions)
- 14.2 Interest Income and Dividends (Taxable vs. Non-Taxable)
- 14.3 Capital Gains and Losses (Short-Term vs. Long-Term)
- 14.4 Exclusions (Gifts, Inheritances, Life Insurance Proceeds, Scholarships)
- 14.5 Kiddie Tax (Unearned Income of Minor Children)
-
- 15.1 Adjustments to Arrive at Adjusted Gross Income (Self-Employed Expenses, IRAs, HSAs)
- 15.2 Itemized Deductions (Medical, Taxes, Interest, Charity, Casualty)
- 15.3 Tax Credits (Refundable vs. Nonrefundable)
- 15.4 Qualified Business Income Deduction (QBI)
- 15.5 Filing Status and Estimated Tax Payments
-
-
-
- 19.1 Computation of Taxable Income and Tax Liability
- 19.2 Allowable Credits and Deductions
- 19.3 Capital Structure and Transactions Between Corporation and Shareholders
- 19.4 State and Local Tax Considerations, Nexus, Apportionment
- 19.5 Net Operating and Capital Losses (Carryback/Carryforward)
- 19.6 Consolidated Returns: Eligibility, Elections, and Intercompany Transactions
- 19.7 International Tax Concepts (Foreign Branch vs. Subsidiary, GILTI, FDII, BEAT)
-
- 20.1 Ordinary Business Income (Loss) and Separately Stated Items
- 20.2 Eligibility and Election Requirements; Revocation and Termination
- 20.3 Shareholder Basis: Stock and Debt Adjustments
- 20.4 Built-In Gains Tax, Passive Investment Income, and AAA vs. E&P
- 20.5 Distributions (Liquidating vs. Nonliquidating)
-
- 21.1 Ordinary Business Income (Loss) and Separately Stated Items
- 21.2 Partnership and Partner Elections (Tax Year, Basis Adjustments)
- 21.3 Partner’s Basis Computations, Recourse & Nonrecourse Debt
- 21.4 Transactions Between a Partner and Partnership (Services, Sales, Property)
- 21.5 Ownership Changes and Allocation of Liabilities
-
-
-
-
- 31.1 Ethics, Professional Responsibilities, and Tax Procedures
- 31.2 Advanced Individual Tax Compliance and Planning
- 31.3 Entity Tax Compliance (C Corps, S Corps, Partnerships)
- 31.4 Entity Tax Planning (Formation, Liquidation, Restructuring)
- 31.5 Property Transactions, Nontaxable Exchanges, Depreciation Recapture
-
Chapter 10: Federal Laws and Regulations Affecting Business
In this section
-
Employment Taxes and Worker Classification (Employee vs. Independent Contractor)
Explore the key criteria for worker classification, discover how to navigate employment taxes, and learn best practices for payroll tax compliance in CPA exam contexts.
-
Qualified Health Plans, Mandates, and Credits under the Affordable Care Act
Explore employer mandates, qualified health plans, and the small-business health care tax credits introduced by the ACA, and understand how they affect large and small businesses’ tax and compliance obligations.
-
The Foreign Corrupt Practices Act and Anti-Bribery Regulations
Explore FCPA anti-bribery provisions, accounting requirements, and compliance best practices to help businesses maintain integrity in foreign transactions.
-
Other Federal Statutes and Industry-Specific Rules
This article provides a comprehensive overview of key federal statutes and specialized industry regulations relevant to business operations and CPA candidates preparing for Area II of the REG Exam. Gain insights into statutory frameworks and compliance issues across banking, healthcare, environmental, telecommunications, and more.
