📚Part 2 is the most difficult section of the exam for most test takers.
⏰Manage your time wisely during the exam to ensure you don't run out of time.
📅Know the filing deadlines for different entity types to avoid late filings.
📝Take note of the important legislation for the 2022 tax year, including tax law changes and new provisions.
📚Access the PassKey textbooks and digital copies through a premium subscription for comprehensive study materials.
Which part of the exam is considered the most difficult?
—Part 2 is the most difficult section of the exam for most test takers.
How should I manage my time during the exam?
—Manage your time wisely to ensure you don't run out of time. Answer all questions, mark any difficult ones for review, and prioritize easy questions first.
What are the filing deadlines for different entity types?
—Filing deadlines vary for different entity types. For individuals, the deadline is April 18, 2023, with an extended due date of October 16, 2023. Estate and trust deadlines are also April 18, but the extension period is five and a half months. Partnership deadlines are March 15, with an extended due date of September 15. C corporation deadlines align with individual deadlines, while exempt entity deadlines are May 15 with an extended due date of November 15.
What important legislation should I be aware of for the 2022 tax year?
—Two significant bills passed in 2022: the Inflation Reduction Act of 2022 and the SECURE Act 2.0. These bills introduced numerous tax credits, funding for the IRS, and new retirement plan provisions that affect individuals and businesses.
How can I access study materials for the exam?
—The PassKey textbooks are recommended study materials. They are available for purchase in physical editions, and digital copies can be accessed through a premium subscription.
00:00This webinar provides updates on the Prometric exam cycle.
03:00Part 2 is the most challenging section of the exam and requires careful time management.
07:00Familiarize yourself with the filing deadlines for different entity types.
10:50Learn about the important legislation for the 2022 tax year.
15:50Access the PassKey textbooks and digital copies for comprehensive study materials.
