Federal taxation course pdf

Once you complete the application process and are given your login information for the course you will be able to access all course materials. Key concepts covered include gross income and items that are statutorily included or excluded in it, personal and business expenses that qualify as tax deductions, and the differing tax treatments for. It covers and focuses on the U. The main qualification is the AITI, achieved by passing the Irish Tax Institute examinations.

This qualification can be undertaken full-time, at night or through home study. It is designed to present a survey approach to the following topics: Tax Research, Corporate Taxation , Partnership Taxation , and Estate and Gift Taxation. Subchapter C) and their shareholders and will compare and contrast corporate taxation to the taxation of other types of entities.

View FEDERAL TAXATION exam 2. AF 4at University of Massachusetts, Boston. INDIVIDUAL INCOME TAX. Welcome to LawShelf’s video- course on the basics of federal income taxation. This is an introductory level course and no prior knowledge or experience in law or taxation is required. To take this course , you must first be certified in the Advanced course module.

The test covers new provisions and tax law changes. Volunteers with the professional designation of Attorney, Enrolled Agent or Certified Public Accountant have the option of certifying via the Circular. Covering all aspects of taxation from individual income tax to incorporated companies corporation tax this course aims to boost learning understanding of the topic. Topics will include the definition of gross i ncome, exclusions from gross income, the requirements for various tax deductions, timing issues, and cap ital gains and losses.

Gain an understanding of tax issues for in-house corporate counsel, including US federal and state income taxes, transfer pricing, tax considerations for acquisitions and dispositions, joint ventures, internal restructurings, sta te sales and use taxes and franchise taxes. The course will consider tax reporting issues for regular C Corporations, S Corporations, and Partnerships. In addition, we will focus on the potential for additional federal tax reform as we enter into an election year.

A popular teacher-created combination first and second-level tax course that offers comprehensive one-volume coverage of all the most important tax concepts and principles for a solid grounding in federal taxation. Covering both planning and compliance, the book strikes an effective. A tax can either be proportional, progressive or regressive.

Proportional Tax (Flat Tax ): A proportional tax is a tax whose burden is the same rate regardless of the income earned by the household. Who are “individuals”? Words of Art in the Law 8. Precedence and Hierarchy of law 10. Citizenship and sovereignt.

Presents the study of federal taxation as it relates to individuals and related tax entities. Includes tax planning, compliance and reporting. Lecture hours per week.

General Course Purpose ACC 2is a required course for the Accounting AAS and the Accounting career studies certificate. COURSE : FEDERAL TAXATION I No. Federal Enforcement Authority 7. This free online taxation systems course will teach you about the different aspects of personal taxation and corporate taxation with an emphasis on the US taxation system. In this course you will learn how to calculate tax rates on personal income and study the difference between tax deductions and tax credits. You will also look into estate tax , learn how the taxation system affects limited.

The Advanced Tax Concepts course is designed to enhance your awareness of the complexities and sources of tax law and to measure and analyze the effect of various tax options. Emphasis on corporate income tax and some specialized topics. Prerequite(s): Permission of the School Carleton University - ACC.

Students represent low-income clients in IRS examination and collection matters, including audits, offers in compromise, penalty abatements, innocent spouse claims, appeals, Tax Court cases, etc.