Spring 2020 Update 
    Aug 12, 2022  
Spring 2020 Update [ARCHIVED CATALOG]

ACC (0201) 401 - Federal Income Tax I

Credits: 3.00

A conceptual approach to federal taxation. Basic principles of the law are stressed, along with the reasons for the adoption of the principles. The interplay of accounting and law is explained. During the first semester, the areas of federal income taxation are covered; during the second semester, the emphasis is on partnerships and corporations. Principles applicable to all entities are covered throughout the course.

Prerequisite 1: ACC 102  ACC 101  ACC 201  ACC 202