Tax Compliance & Planning. Study notes organized to the 2026 AICPA Blueprint. Pick an Area to start reading. Each area includes 30 original practice MCQs.
| Blueprint Area | Title | Approx. weight |
|---|---|---|
| I | Tax Compliance & Planning for Individuals and Personal Financial Planning | 30–40% |
| II | Entity Tax Compliance | 30–40% |
| III | Entity Tax Planning | 10–20% |
| IV | Property Transactions (Disposition of Assets) | 10–20% |
Weights are the AICPA's stated ranges; confirm against the current official blueprint before exam day.
Gross income, adjustments & deductions, the QBI deduction, credits, individual AMT, passive-activity rules, retirement & education planning, and the investment-income surtaxes.
Computing the returns: C corporations, S corporations, partnerships, and trusts & estates, including taxable income, basis, distributions, and the key compliance schedules.
Choice of entity, formation & capitalization planning, corporate distributions & redemptions, liquidations, tax-free reorganizations, and multistate considerations.
Basis, realized vs recognized gain/loss, capital vs ordinary character, depreciation recapture, §1231 netting, like-kind exchanges, and other nonrecognition transactions.
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