# New CAS Monograph Released on Federal Income Taxes **URL:** \ **Category:** Property/Casualty\ **Created:** [September 15, 2021, 11:07pm UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009 "2021-09-15T23:07:44Z")\ **Posts on this page:** 6\ **Page:** 1
**Author:** ![examsarehard](https://community.goactuary.com/letter_avatar_proxy/v4/letter/e/9d8465/32.png) [@examsarehard](https://community.goactuary.com/u/examsarehard)\ **Post date:** [September 15, 2021, 11:07pm UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009/1 "2021-09-15T23:07:45Z")
The New CAS monograph can be found here: [https://www.casact.org/sites/default/files/2021-08/cas-monograph-no-11.pdf](https://www.casact.org/sites/default/files/2021-08/cas-monograph-no-11.pdf) Do they still test how to calculate income tax on Exam 6U? The Tax Cut and Job Act of 2017 changed the corporate tax rate and eliminated the corporate AMT, so it probably wasn’t fair to test those topics anymore. Now we have a new way to haze educate candidates. ---
**Author:** ![John.S.Mill](https://community.goactuary.com/user_avatar/community.goactuary.com/john.s.mill/32/9771_2.png) [@John.S.Mill](https://community.goactuary.com/u/John.S.Mill)\ **Post date:** [September 17, 2021, 5:56pm UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009/2 "2021-09-17T17:56:54Z")
There was income tax on 6? lol I vaguely remember something on double taxation that was never tested. I’m a fellow and proudly don’t know much about taxes. I aint’ no accountant! ---
**Author:** ![NormalDan](https://community.goactuary.com/user_avatar/community.goactuary.com/normaldan/32/1013_2.png) [@NormalDan](https://community.goactuary.com/u/NormalDan)\ **Post date:** [September 17, 2021, 5:59pm UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009/3 "2021-09-17T17:59:00Z")
I remember studying the bit about how to correctly calculate taxes and being peeved when it wasn’t tested ---
**Author:** ![examsarehard](https://community.goactuary.com/letter_avatar_proxy/v4/letter/e/9d8465/32.png) [@examsarehard](https://community.goactuary.com/u/examsarehard)\ **Post date:** [September 17, 2021, 9:59pm UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009/4 "2021-09-17T21:59:20Z")
I remember being given excerpts from the annual statement, having to calculate U/W and investment income, then calculating the regular income tax compared to the AMT. Flipping through the old syllabi, it was from an old Feldblum paper. It was actually a pretty help exercise to go through, but it was rough to study for. ---
**Author:** ![ArthurItas](https://community.goactuary.com/user_avatar/community.goactuary.com/arthuritas/32/63_2.png) [@ArthurItas](https://community.goactuary.com/u/ArthurItas)\ **Post date:** [September 23, 2021, 2:05am UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009/5 "2021-09-23T02:05:40Z")
This was on the syllabus when I was tested. It wasn’t useful for me in practice. ---
**Author:** ![lllj](https://community.goactuary.com/letter_avatar_proxy/v4/letter/l/4bbf92/32.png) [@lllj](https://community.goactuary.com/u/lllj)\ **Post date:** [September 30, 2021, 11:59pm UTC](https://community.goactuary.com/t/new-cas-monograph-released-on-federal-income-taxes/4009/6 "2021-09-30T23:59:41Z")
I haven’t looked at the monograph, but this sounds like a great idea. I remember the Feldblum tax papers for Exam 6 being riddled with typos.