{"podcast":{"title":"Finance Exam Prep","slug":"finance-exam-prep-7658413","podcast_index_feed_id":7658413,"rss_url":"https://feeds.captivate.fm/tax-exam-prep/","website_url":"https://open-exam-prep.com/","image_url":"https://artwork.captivate.fm/66dc02ed-369e-49e5-89a7-db7df9f63a25/20260115-1339-Image-Generation-simple-compose-01kf1sj7hsfcqbept.png","author":"Ran Chen, EA, CFP®","episode_count":146,"summary":"Finance Exam Prep is a daily podcast designed to help future tax and finance professionals pass their certification and licensing exams with clarity and confidence. Built and operated by OpenExamPrep, this podcast breaks down major tax exams into focused, easy-to-digest episodes covering the CPA & Enrolled Agent (EA) Exam, including Part 1 (Individuals), Part 2 (Businesses), and Part 3 (Representation, Practices, and Procedures). Each episode targets one key tax concept, common exam trap, or high-frequency test topic—making it ideal for studying during commutes, workouts, or short study sessions. Created by Ran Chen, EA, CFP®, a financial professional and exam specialist who has personally passed multiple professional licensing exams, Tax Exam Prep was developed from firsthand experience with how complex—and often poorly explained—tax exam material can be. The goal is simple: make tax exam preparation clearer, more accessible, and more effective through structured explanations and modern learning tools. Whether you’re preparing for the EA Exam, transitioning into a tax career, or reviewing before test day, this podcast is designed to guide you step by step—one concept at a time. F…","last_synced_at":"2026-06-13T22:18:56.339523+00:00","page_url":"https://stenobird.com/podcast/finance-exam-prep-7658413"},"episode":{"title":"Enrolled Agent Exam [Part 2] 43, Section 179 Expensing — Limits","slug":"enrolled-agent-exam-part-2-43-section-179-expensing-limits","published_at":"2026-06-09T22:41:20+00:00","page_url":"https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-43-section-179-expensing-limits","show_page_url":"https://stenobird.com/podcast/finance-exam-prep-7658413","url":"https://open-exam-prep.com/","audio_url":"https://episodes.captivate.fm/episode/7ad4b10c-8441-4d5a-aac4-8d012396c09b.mp3","summary":"This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The two primary limitations on the Section 179 deduction: the overall investment limit and the business taxable income limit. - How to calculate the reduction in the maximum Section 179 expense when total asset purchases exceed the phase-out threshold. - That the deduction is ultimately capped by the business's taxable income for the year, a common exam trap. - Any amount disallowed due to the taxable income limitation can be carried forward to subsequent tax years indefinitely. - Which types of real property improvements, such as HVAC and roofs, qualify for the Section 179 expense election. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep","meta_description":"This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionat…","key_points":[],"chapters":[],"topics":[],"duration_seconds":158,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-43-section-179-expensing-limits/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-43-section-179-expensing-limits.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}