Accountancy
 

Current Tax Policy

Current Tax Policy
Intensive study of special and current tax topics and policies.
ACC
565R
 Hours0.5 - 3.0 Credit, 3.0 Lecture, 0.0 Lab
 PrerequisitesACC 523
 TaughtWinter, Spring
Course Outcomes: 

Federal Tax Income

Properly compute an individual's federal taxable income and alternative minimum taxable income.

Individual Federal Tax Liability

Properly compute an individual's federal income tax liability, self-employment tax liability, and alternative minimum tax liability.

Tax Underpayment Penalty

Determine the amount of a taxpayer's estimated tax underpayment penalty.

Tax Consequences of Investments

Determine the tax consequences of various types of investments and investment expenses, including investment interest expense.

Gift and Estate Tax Liability

Determine a taxpayer's federal gift and estate transfer tax liability

Retirement Plans

Determine taxpayer's allowed contributions to various retirement plans and provide tax relevant advice to taxpayers about dealing with retirement plans.