ACCT 419Individual Income Tax

Catalog

This course introduces the fundamentals of federal income taxation for individuals, emphasizing the determination of gross income, deductions, credits, property transactions, and tax liability. Students interpret and apply the Internal Revenue Code and related regulations through practical exercises and case studies. Using professional tax software, students prepare individual returns and analyze tax planning alternatives. Ethical responsibilities, compliance, and the broader implications of tax policy are integrated thorughout the course.