ACCT 4203 - Tax Accounting I

Credits: 3 Fall

A study of the legislative, administrative, and judicial sources of federal tax law pertaining the taxation of individual income. Content will include special rules pertaining to depreciation of property, gains and losses from sale of capital assets, tax credits for individuals and businesses, passive loss rules, acceptable tax accounting methods, and the Alternative Minimum Tax.

Prerequisites: ACCT 2023 with a grade of “C” or higher.