Taxation

Catalog description

This course provides the fundamentals of current U.S. individual income tax laws and the Internal Revenue Code (IRC); as well as the relevant source documents associated with federal tax returns for individuals. Topics include incomes, exemptions, exclusions, and deductions available to the individual. During the course, students will work to apply knowledge from appropriate tax laws in light of specific circumstances and tax liabilities of individuals in an effort to prepare federal tax returns and communicate various tax return information to individuals.