ACCT 407 - Federal Taxation

Principles of federal tax accounting as it applies to individuals, corporations, and pass-through entities. Topics include individual tax model, corporate tax model, operations and basis for pass-through entities, concepts of income, exclusions, deductions, credits, capital gains and losses as well as a brief introduction to tax planning and tax research.

Prerequisite: ACCT 302 - Intermediate Financial Accounting I must be taken before or with ACCT 407.
Credit(s): 3