ACC 572 Advance Taxation

The purpose of this course is to become knowledgeable of the laws and regulations governing the taxability of income, gifts, wages, etc., that come within the purview of the Internal Revenue Service as promulgated through the Internal; Revenue Code and regulations of the IRS. Students will research the law and regulations through library study of the Code and various tax services. The taxability of individuals, partnerships, corporations, estates and trusts will be considered. Prerequisite: 21 credits in undergraduate accounting with a grade of C or better, including both individual and corporate taxation. (3 credits)