Sample #1: Answer: B) Canceled debts as gifts, since they aren’t taxable income. Explanation: When a debt is canceled as a gift, it is excluded from taxable income because gifts are not subject to ...
There’s always a bit of anxiety in the air when financial advisors study for the rigorous Certified Financial Planner exam, but the version of the test that’s coming next week may be accompanied by ...
According to the CFP Board, approximately 80% of successful CFP® candidates studied for over 11 hours every week. And with the average recommended study hours ranging between 200 and 250 hours, that ...
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