ACC-421-JAN - Directed Independent Adult Learning COURSE...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
D irected I ndependent A dult L earning COURSE SYLLABUS FEDERAL INCOME TAXATION ACC-421-GS
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Course Syllabus FEDERAL INCOME TAXATION ACC-421-GS ©Thomas Edison State College January 2008
Background image of page 2
Course Essentials Federal Income Taxation is a one-semester course designed to help you learn the basics of federal income taxation of individuals. The course covers the basic tax calculations, filing status, gross income inclusions and exclusions, gain and loss recognition, business and personal deductions, tax credits, and filing requirements. It also looks briefly at the taxation of partnerships, as well as that of corporations and special “S corporations.” Objectives By successfully completing the learning activities of the course, including careful study of the textbook, use of chapter self-tests, and problem solving, you should be able to: 1. Apply all steps in preparing individual taxable income and tax. 2. Indicate which items are included in income and which items are excluded. 3. Recognize deductible business expenses and nonbusiness deductions. 4. Calculate depreciation, bad debts, and losses. 5. Apply the rules for capital and ordinary gain and loss recognition. 6. Demonstrate conversance with available individual tax credits. 7. Articulate the fundamentals of the taxation of corporations and partnerships. Course Syllabus—Course Essentials S-3
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Required Textbook In addition to the Course Syllabus, which consists of “Course Essentials,” “Course Calendar,” “Written Assignments,” and two appendixes, you will need the following text to do the work of the course. West Federal Taxation: Individual Income Taxes, 2008 Edition, ed. William H. Hoffman Jr., James E. Smith, and Eugene Willis (Thomson South- Western, 2008) Course Structure Federal Income Taxation is a three-credit, twelve-week course, consisting of ten written assignments and two examinations. In the weeks in which you are not scheduled to take an examination, you will complete a written assignment and submit it to your mentor for correction and grading. The course requires you to take two examina- tions, a midterm and a final. Written Assignments Federal Income Taxation has ten (10) written assignments that help to solidify and summarize the tax laws for you. The written assignments consist of discussion questions and problems from the end of each assigned chapter in the textbook (from the chapter’s “Problem Materials” section). The specific problems to solve and send to your mentor are listed in the “Written Assignments” section of the syllabus. Be sure to show all computations. Examinations Federal Income Taxation requires you to take two examinations, a midterm and a final. See the “Course Calendar” for the dates for scheduling your examinations. Refer to the Student Handbook for information on all exam policies and procedures. You may take examinations only during the designated exam weeks, at an
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 42

ACC-421-JAN - Directed Independent Adult Learning COURSE...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online