ACCT 405 - Federal Income Taxation

4 Credit(s)

A study of the federal income tax law as related primarily to individuals, but also covering business activities in which an individual may become involved. Students are taught skills that they can use throughout their career, including the ability to read Code and Regulations, to use critical thinking to decide how tax law should be applied, to solve client problems, and to research tax issues. Topics include the determination of what constitutes income, exclusions, deductions, credits, and other tax and financial planning issues. Tax ethics are also discussed.
Prerequisite(s): ACCT 105 and ACCT 205.