ACC 528 Tax Planning

This course includes a study of the concepts of U.S. income tax laws and their impact on decision-making, individual behavior, business activity, and society in general. Since taxes affect virtually every financial decision, having timely knowledge of tax laws and issues greatly enhances your effectiveness as a financial professional and broadens your opportunity to do business. The topics include an understanding of the evolution of taxation, concepts and the system employed in the United States as they relate to gross income, deductions and credits. Other topics include employee expenses, and deferred compensation, tax depreciation, accounting periods and methods and sales of business assets.(3 credits)