TAXATION OF BUSINESS ENTITIES (3) (TAX 620)

Professor Diane Fahey

This course examines the basic rules of subchapters C, K, and S of the Internal Revenue Code regarding the federal income taxation of business enterprises and their owners. It includes discussion of the tax ramifications of formation, distribution of profits from the entities to the owners, termination of the entity, choice-of-entity concerns, and other related topics.
Prerequisites: Federal Income Tax I; Corporations