ACC 538 Taxation

This course includes a study of the concepts of U.S. income tax laws and their impact on decision-making, individual behavior, business activity, and society in general at the graduate level. The topics developed include: an understanding of the evolution of taxation concepts and the system employed in the United States, as well as the role of taxation as a source of revenue and a device to meet other governmental goals or objectives. The course includes an understanding of the concept of gross income, adjusted gross income and ultimately taxable income, and deductions and tax credits. Additional concepts will be explored include filing status, capital gains and losses and the more recent taxes imposed on higher income taxpayers. The course also includes an introduction to tax research and includes a designated research component.

Credits

3