Q 15 of the exam lists forms 8282 and 8863. I am not sure that form 8863 exists, but it was not mentioned in the text.
The exam question were more like case studies. They were based more on common sense responses rather than rules and regulations.
It did not have as much content as other WebCE courses I have taken.
The voice reading the text was VERY distracting -- with the off beat inflection
This course is fine for a CPA or accounting professional. It is entirely too detailed about very unique aspects of tax returns when testing CFP professionals.
The background and examples of 1031 exchanges was excellent.
SOME OF THIS TOPIC CAN BE HARD TO WRAP MY HEAD AROUND DUE TO SO MANY SUBCATEGORIES OF INFORMATION. SCORED PERFECTLY ON THE QUIZ, SO MY ASSUMPTION IS THAT YOU TAUGHT IT PERFECTLY. I'LL STILL NEED A MENTOR FOR SOME OF IT, BUT I THINK YOU'VE GIVEN ME THE CONFIDENCE AND THE TRAINING TO PURSUE IT. EXCELLENT JOB.
I am a real estate rental owner and did not need much study time Matierials were excellent.
Well organized and practical examples
This was a good course and I learned a few things.
I like the Course, Thanks!
I think the audio reads too fast.
Circular 230 is an in depth subject. Thanks you for make it easy to learn and understand. Great course.
The course gave me great insight on ethics for tax professionals!
Great course!
VERY HELPFUL THE AUDIO WAS PERFECT SPEED
I find it awkward and time consuming to go back to content for re-reading while answering Practice Questions....I found the language in some places difficult to follow as to what is meant....for example, language as to converted residence to rental property basis is not clear as to the different basis to be used for depreciation vs gain/loss calculations
On question 5 the use of the term sanctioned for his dumb error of paying the 941 taxes timley would I'm sure at best have only penalty and interest to pay unless it was a chronic problem with the preparer.
Sometimes it was not so easy to identify the answers in the provided material.
Great quality!
VERY EASY TO FOLLOW AND CHECK YOURSELF IF YOUR NOT SURE
I like the course, material provided. The enable reading audio was a plus. I think we could benefit of more real life examples, more like todays date situations.
I like that I can read at my own pace and make notes. I don't have to wait for the time clock to move on as I'm a fast reader.
The course is very well organized with good examples and very easy to understand.
The course was a lot harder than I expected with all the various tax form and line item reporting. It confirmed to me that I have no desire to become a CPA and why a CFP Professional should always defer to a qualified tax advisor on tax related issues, especially charitable contributions and donations.
There were two questions that had incorrect answers. The converted residence to a rental should have $111,000 as the lesser of the basis or FMV upon the conversion is the starting basis. The question with the answer 105,000 capital gain/30,000 recapture was not correct as the asset had been held more than 1 year and straight-line depreciation was used. It should have 135,000 capital gain. This course was pathetic.
it is very userfriendly and nicely covered
Good value and topics updated for current tax law OBBB
Course was great.
A narrater that is a bit more engaging would help.
I have been using Web CE for 10 years. I think the program is very good. It has a variety of topics that are needed. I will continue using them for as long as I need to do continuing education
easy to understand
Better and more examples of problems leading to sanctions and related penalties for violations would enhance the content
Even there were just 10 questions - they were quite tricky. I did have to go back to review the chapters.
The course fully met my expectations, providing a clear and thorough explanation of the laws, rules, and regulations governing tax preparation.
I was unable to download the course materials.
Over emphasis on where to report amounts (i.e., form and line numbers). All preparers use tax software to do that. I remember because I used to file by hand! But this not the most important learning objective. Also, several errors in material.
I received an "access denied" message trying to print the course materials in a PDF File and had to use the secondary option of printing them to a browser window. Also, I believe the answer to Question 1 (Hyde Park Corporation) may be wrong. Because it was a corporation and the straight-line depreciation method was used, it was forced to account for 20% of the $30,000 depreciation ($6000) as ordinary income. . So of the $135K gain, it should have been a $6000 of ordinary income and $129,000 of sec. 1231 gain. ...I think.
What I thought was going to be the least difficult course turned out to be the most difficult. I found out there were so much to learn about donation rules which I rarely run into. I admit it was rather painful going through it but soon started to feel accomplished. Thank you!
The information was basic. Was hoping for more in-depth information.
Some of the practice questions and exam questions did not provide enough detail to confirm an answer. Often had to make assumptions to select an answer. Also, the chapter descriptions were not helpful for going back and trying to review a specific topic. It was easier to search the IRS website and tax return forms to clarify my understanding of a topic to be able to answer practice questions rather than review the course materials that were sometimes oddly organized and difficult to reference.
This was an excellent refresher course and serves as a reminder of our responsibility as a tax professional.
The course give out alot of examples that help the learners to understand easily.
I really liked that there was audio with the lessons because I would read on my own and then listen to the audio to make sure I understood and read it correctly
A little more explanation on some of the examples
The Case Studies are great.
Provide more case studies. Thank you
Would like more on out-of-pocket expenses for charities, less on donated property. Otherwise, it was fine.
When reviewing incorrect answers on the exam there is no indication of the wrong student answer and the correct answer
One of your sample answers is incorrect. You ignopred a negative for a positive.
understandable language and great examples
As a CFP, I would really like to see a CE course on using residential real estate in financial planning. This course was more intended for accountants.
Need many more specific depreciation example scenarios.
I took an open-book exam expecting to have access to the necessary materials, but none were provided. It felt like being set up to fail. There was no guidance, no feedback on which answers were correct or incorrect, and no support during the process. The entire experience was poorly designed and lacked transparency. If you're going to call it "open book," at least make sure the book exists. This needs serious improvement.
I feel the time could be a little more.
Case studies to illustrate concepts were very helpful
the audio could be a little less monotoned
I feel this course was at a far higher level than my position requires, or is allowed to use. I cannot give tax advice, nor is it in my field. I felt largely overwhelmed by the course.
videos would be very helpful on this course.
Excellent course
So far I have found some of the questions with the first session I took had inadequate information 2025 Annual tax season update. In section 1 with the overview Q4 had the total amounts do not add up correctly. There should of been an answer at $5885 w/o the tire repair included! but all the amounts were wrong so I just picked the closest answer and again it happened in Chap. 4 Disposing of a car quiz question 1. Answer was off by $11,560 & you showed only an answer of 12,740?; Then quiz question 3 was off as well you showed $27,000 - $11,620 does not equal $16,080! should of had an answer of $15,380, again had to choose the closest answer possible.
I came across at least three errors in the practice tests. (Chapter 1 test, Fred driving 8500 and then paying parking and tolls. Chapter 4 Carolyn drove 14000 miles '22-'24. And Dan driving 16k in '22, 14k in '23, and 12k in '24). For all of these there were no correct answer. Even when I selected the answer that you marked as "correct" the math in your explanation didn't equal the answer that you provided. This was very frustrating as it lead to me questioning every answer from there on out in the session. I never knew if I wasn't getting to correct answer because I didn't know the content or if it was because you simply didn't provide the correct answer on the test. For a company whose sole purpose is continuing education... this seems like a pretty glaring misstep!
Math errors in practice section 1 and 4
I really like your courses and how they are presented and the use of back and forth to review the content. However, the narrator, which I am guessing to be an AI, has a problem with pronunciation of acronyms and some words. Maybe it is just me, but I find this very distracting and find myself going back to reread the previous paragraph often to make sure I understand what was meant . You might want to listen to the 1031 exchange portion of this course to get an idea of what I am talking about.
This course explained "boot" well. I found that to be a very confusing topic when I was originally studying for the EA exam (12 years ago.)
So much tax detail for so little testing!
Starting with chapter 4, there are numerous errors. Missing 'un', missing commas, practice questions with no correct answers because amounts were incorrect. Need another set of eyes to review it SOON.
I found this course complex but worth doing, especially how to calculate ordinary gain versus long term gain.
A lot of material - could be condensed.
This was a good course. I have a pretty working knowledge of this area because I prepare Schedule C Businesses for Sole Proprietors and vehicle expenses are often a large expense item. However, I still still felt I learned some new things.
This course was much more technical and difficult than other 2 unit courses.
This course increased my knowledge and understanding of the subject material.
This was a very good course. It educated me on the topics very well and I learned alot.
This course had great examples which makes the learning and understanding much easier.
Please review Question 21 Response B. I believe it is written wrong. Used Employer twice and think maybe it is supposed to be Employee and Employer. Thank you
2023 rules used for 2024 course. Form 2106 classes confusing since only certain groups qualify to use this form and it should be made clearer. Some typos in course questions.
courses are for learning tax law, rules and regulations - not providing correct answers to Exam errors does not further that learning and education goal
Instructive.
I guess you should provide the Wrong Answer to the Question when Test is Failed just to know what mistakes we made for not to pass the TEST
Errors and mistakes make learning difficult
At the end after taking exam I would like to know the Answer to the wrong Question just to make sure that my answer were matching Thanks