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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 ...

Right out of the gate, I recommend diving into the exam blueprint. That means creating a schedule that covers all sections: risk management, insurance planning, tax planning, investment planning, and ...

CFP Board’s 2025 exam cycle set a new high-water mark for aspiring planners, capping a year of record participation and solid pass rates as more professionals lean into financial planning as a ...