This course examines Federal income taxation of individuals by initially introducing students to the formation of tax policy by Congress, the courts and its administration by the Internal Revenue Service. Students study the basic components of the taxable income of individuals including deductions, inclusions, exclusions, gains, losses, and tax credits. Cases are used to simulate tax planning, research, and compliance for various taxpayers. Prerequisite: ACC102. 3 credits.
Credits 3.00 CEUs
Start Date 07 September 2011 End Date 16 December 2011
Academic Level UG – Undergraduate