Course DescriptionExamine federal income tax law and regulations that are applicable to partnerships, corporations, and fiduciaries, as well as federal gift and estate tax principles, reorganizations, personal holding companies, and the accumulated earnings tax. Students will explore regulations related to tax planning, covering timing of transactions, appropriate form of transactions, election of alternative tax methods available under the law, and settlement of tax controversies.
Upon successful completion of this course, students will be able to:
- Analyze the law and regulations regarding advanced taxation issues for corporations, partnerships, estates, and trusts
- Describe the practical and key aspects of corporate taxation, partnership taxation, and fiduciary taxation
- Identify and discuss the regulations related to tax planning and the settlement of tax controversies
Applies Towards the Following Certificates
- Professional Accounting : Required Courses