ACCT 355 Income Tax Accounting I
A study of the current environment surrounding the federal income taxation of individuals and businesses, tax planning, and tax minimization.
Offered
Fall
Student Learning Outcomes
- Have a basic understanding of the purpose and major types of taxes
- Evaluate the impact of taxes on family financial decisions throughout their lives
- Determine what income is included and excluded in the determination taxes
- Apply tax rules to deductions and losses for both businesses and individuals
- Evaluate the appropriateness of various tax strategies for individual family financial situations
- Communicate with clients effectively
- Integrate tax planning into the financial planning process