REG
Taxation and Regulation
REG covers federal taxation of individuals, entities, and property transactions, along with business law and professional ethics. It rewards candidates who can apply rules to specific numbers, not just recite them — expect calculation-heavy task-based simulations.
Last updated 5 September 2026
Complete Study Material
Exam-oriented explanations for every topic
Quick Revision Notes
The 20% you need the night before
MCQ Practice
Explained, server-graded questions
Student Discussions
Ask doubts, read others' explanations
Topics
Individual Taxation: Gross Income
What counts as gross income, common exclusions, and how different income types are taxed.
Circular 230 & Practitioner Ethics
Coming SoonIRS rules governing tax practitioner conduct and AICPA tax ethics.
IRS Procedures & Appeals
Coming SoonAudits, the appeals process, and statutes of limitation.
Business Law: Contracts
Coming SoonContract formation, performance, breach, and remedies under the UCC and common law.
Business Law: Agency & Business Structures
Coming SoonAgency relationships and the legal characteristics of business entity types.
Debtor-Creditor & Bankruptcy
Coming SoonSecured transactions, suretyship, and bankruptcy priority rules.
Federal Tax Procedures & Penalties
Coming SoonFiling requirements, accuracy-related and fraud penalties.
Property Transactions: Basis & Cost Recovery
Coming SoonDetermining basis and applying MACRS depreciation and Section 179.
Property Transactions: Gains, Losses & Like-Kind Exchanges
Coming SoonCapital gains/losses, Section 1231, and Section 1031 exchanges.
Individual Taxation: Adjustments & Deductions
Coming SoonAbove-the-line adjustments, the standard deduction, and itemized deductions.
Filing Status, Credits & AMT
Coming SoonFiling status determination, common tax credits, and the alternative minimum tax.
Retirement Plans & Tax Planning Basics
Coming SoonIRAs, qualified plans, and basic individual tax planning concepts.
C Corporation Taxation
Coming SoonCorporate taxable income, the dividends-received deduction, and double taxation.
S Corporation Taxation
Coming SoonEligibility, the single level of taxation, and basis in S corp stock.
Partnership Taxation
Coming SoonPartner basis, partnership allocations, and guaranteed payments.
Trusts, Estates & Gift Tax Basics
Coming SoonFiduciary income tax basics and the gift tax annual exclusion.
Employee Benefits & Payroll Tax
Coming SoonFringe benefit taxation and employer payroll tax obligations.
Exempt Organizations Basics
Coming Soon501(c)(3) qualification and unrelated business income tax basics.