ACCT 450 - Federal Income Tax-Corp

Continuing the federal income tax sequence, the course topics include the concepts of gross income, ordinary and necessary business expenses, property transactions, accounting periods and methods, and the alternative tax system for C-Corporations, S-Corporations, and Personal Service Corporations. In addition to income taxation, the course includes the tax consequences of corporate formation, distributions, and liquidations. Typically Offered Spring Only
Level: UG
Credit Hours: 3

Prerequisite ACCT 202/C-
Department: AFIS