Special Problems in Federal Taxation
|Hours||3.0 Credit, 3.0 Lecture, 0.0 Lab|
Tax Consequences of Property Transactions
Determine and calculate the tax consequences of property transactions, including depreciation, realized and recognized gain and loss and its character.
Corporate Taxable Income
Properly calculate corporate taxable income. This includes completing a Form 1120, understanding the differences between book income and taxable income, and calculate the 199A and 163(j) deductions.
Properly calculate S corporation taxable income include stock/debt basis as well as AAA/OAA accounts.