ACCT 3230 FEDERAL INCOME TAXES I
This course will cover: computing federal income taxes and determining and utilizing allowable credits, computing the overall tax result for a sole proprietorship business, determining the Alternative Minimum Tax for individuals, discussing and computing the various tax options related to property (including the computation of the adjusted cost bases and resulting gains and losses at the time of sale or other disposition), special rules related to home ownership, basic issues related to tax free incorporation of an entity, and the basic understanding and some unique issues (which are different from individual tax issues) regarding corporations. TYPE OF COURSE: Accounting core requirement Prerequisite(s): ACCT*2210
Prerequisite
ACCT*2210
Offered
EVERY SEMESTER