ACCT 404 - Introduction to Federal Income Taxation
3 Credits
Description Federal tax accounting for individuals. The nature and timing of gross income, exclusions, and deductions is emphasized. The impact of corporations, partnerships, and property transactions on the individual is covered. The structure of the Internal Revenue Code, regulations, and court decisions in the framework of tax research is also covered.
Prerequisites Junior Standing and BUS 201 with a C grade or better or consent of Department Chairperson.