ACC 580
Download as PDF
Advanced Individual Tax
Course Description
Advanced topics related to issues associated with higher income individual taxpayers.
When Taught
Fall
Min
3
Fixed/Max
3
Fixed
3
Fixed
0
Title
Compute Taxable Income
Learning Outcome
Properly compute an individual's federal taxable income and alternative minimum taxable income.
Title
Compute Tax Liability
Learning Outcome
Properly compute an individual's federal income tax liability, self-employment tax liability, and alternative minimum tax liability.
Title
Determine Tax Underpayment Penalty
Learning Outcome
Determine the amount of a taxpayer's estimated tax underpayment penalty.
Title
Determine Tax Consequences
Learning Outcome
Determine the tax consequences of various types of investments and investment expenses, including investment interest expense.
Title
Compute Tax Values
Learning Outcome
Compute a taxpayer's Net Investment Income Tax and Additional Medicare Tax.
Title
Determine Federal Gift
Learning Outcome
Determine a taxpayer's federal gift and estate transfer tax liability.
Title
Determine Retirement Plan Contributions
Learning Outcome
Determine taxpayer's allowed contributions to various retirement plans and provide tax relevant advice to taxpayers about dealing with retirement plans.
