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ACC 2321 Federal Taxation

Introductory course including the basic tax model, personal gross income, personal deductions and credits, property transactions, special tax computations and introduction to corporate taxation.

Division: Business and Public Services
Department: Accounting
Repeatable Credit: No
Offered Online: Yes

Prereqs: NONE  

Outcomes

  • Identify and prepare the appropriate form or supplementary schedule required for a basic tax filing.
  • Use tax preparation software to prepare federal tax returns.
  • Prepare basic individual, sole proprietorship and corporate tax returns.
  • Recommend tax planning strategies.
  • Describe the evolution of the federal tax code emphasizing the history and the social, political and economic influences on current tax law.

Credit Hours: 3

Classroom Hours: 3