TCP study guide
Tax Compliance and Planning, Individuals, Entities, and Property
Updated for the One Big Beautiful Bill Act (OBBBA)
OBBBA provisions become testable on TCP starting July 1, 2026, permanent 100% bonus depreciation, the permanent QBI deduction, the $15M estate exclusion, and more. Our planning lessons teach the new law and flag the cutoff.
Mock exam
33 questions · exam conditions · full breakdown
Review queue
Spaced repetition, wrong answers resurface automatically
Study modes
Skip to what you need, MCQs only or simulation strategy only.
Section 1
Individual Tax Compliance and Personal Financial Planning
30–40% of the TCP exam
Covers advanced individual income tax, gifting and education planning, retirement and personal financial planning, and estate and gift tax planning.
Section 2
Entity Tax Compliance
30–40% of the TCP exam
Covers the tax compliance of C corporations, S corporations, and partnerships, including basis tracking, and multi-jurisdictional and tax-exempt entity issues.
Section 3
Entity Tax Planning
10–20% of the TCP exam
Covers choice of entity, distribution and liquidation planning, owner compensation and fringe benefits, and accounting method and timing strategies.
Section 4
Property Transactions
10–20% of the TCP exam
Covers basis and cost recovery planning, and the character and recognition of gains, losses, and nonrecognition transactions.