FEDERAL INCOME TAX: INDIVIDUAL (4) (TAX100)

Professors Richard Beck, Ann F. Thomas

Intensive introduction to the basic principles of federal income taxation and of statutory construction, including gross income, exclusions, business and personal deductions, tax accounting, exemptions, adjusted gross income, taxable income, credits, gains and losses, depreciation, recapture, and nonrecognition.

This course is a prerequisite for all other tax courses.