Fed Tax Concepts for Business (ACCT 301)

• College: College of Business
• Department: Account, Finance, Info Systems
• Credit Hours: 3
• This course has a lecture with 3 hours.

Introduces Federal tax law and its impact on financial decision making: incomeconcept, taxable entities, tax aspects of selecting a business form, accounting method options, capital gains and losses, compensation considerations, non-taxable transactions, common tax traps, and family tax planning. Computer modeling to assist in choosing between tax alternatives. Pre-Requisites:ACCT 202 with a grade of D- or better. Typically Offered Fall Only