ADVANCED TAXATION II

Catalog description

MBA 664 is the third course in the tax accounting sequence. This course includes a large variety of specialized topics that are not covered in either Accounting 407-Intro. To Taxation or MBA 663- Advanced Taxation I. These specialized topics include audits, appeals, and judicial processes and procedures, substantiation and disclosure of tax positions, common law duties and liabilities to clients and third parties, privileged communications, confidentiality, and privacy acts, corporate differences between book and taxable income (loss), taxation of limited liability companies, types of tax-exempt organizations and federal reporting requirements, like-kind exchanges and involuntary conversions, and numerous other advanced topics.