ACCT 356 Income Tax Accounting II
A continuation of Income Tax Accounting I, with study expanding to the current rules surrounding the federal income taxation of property, partnerships, corporations, gifts, and estates.
Offered
Spring
Student Learning Outcomes
- Have a basic understanding of the purpose and major types of taxes
- Evaluate the impact of taxes on businesses and non-profit organizations
- Determine what income is included and excluded in determination of taxes
- Apply tax rules to deductions and losses
- Evaluate the appropriateness of various tax strategies for corporations and partnerships
- Communicate with clients effectively
- Integrate tax planning into the financial planning process