Business Income Taxation

Catalog description

This course covers income tax laws and regulations as they relate to business entities, with practice on preparation of business tax returns and forms. Topics include taxation of Subchapter C and Subchapter S corporations, partnerships, limited liability companies, estates and trusts. The tax implications of creating an entity and dissolving an entity are included. A comparison of the tax implications among all forms of business entities along with the special taxes and credits will be covered.