Advanced Tax Compliance and Planning

Catalog description

This course is designed to prepare aspiring CPAs for the Uniform CPA Examination's Tax Compliance and Planning section. It covers three key areas: U.S. federal tax compliance for individuals and entities, with a specific emphasis on complex and nonroutine transactions; U.S. federal tax planning for individuals and entities, including evaluating tax implications, available alternatives, and business structures; and personal financial planning, focusing on strategies and opportunities relevant to individual tax returns. The course also includes the study of data and technology concepts to ensure the accuracy of source data and applied research using source materials such as the Internal Revenue Code and Treasury Regulations.