Corp/Part/Estate and Trust Tax

Catalog description

This course explores the federal taxsation of business entities and fiduciary relationships, including corporations, partnerships, estates, and trusts. Students examine how entity structure influences tax reporting, compliance, and planning decisions. Key topics include corporate income tax computation, distributions, reorganizations, partnership operations, and the taxation of estates and trusts. Students use professional tax research tools to interpret and apply the Internal Revenue Code, Treasury Regulations, and case law. Emphasis is placed on tax planning, ethical compliance, and strategic decision-making to support effective business and fiduciary management.