TAX 3610 Federal Income Taxes 3.0 Credits
This course offers an introduction to the core principles of U.S. federal income taxation applicable to all taxpayers. It addresses the computation of individual income tax liability by examining gross income, portfolio income, deductions, and credits. The course also introduces business income, business deductions, and the tax consequences of property transactions. Students will study tax planning strategies and analyze current tax laws and regulations using tax research methodologies. Emphasis is placed on applying tax concepts to real-world scenarios and understanding the ethical implications of taxation.
Repeat Status: Not repeatable for credit
Prerequisites: ACCT 115 [Min Grade: C] or ACCT 1200 [Min Grade: C]