ACCT 350 - Advanced Taxation

Lecture Hour(s): 3
Lab Hour(s): 0
Credit Hour(s): 3

An in-depth coverage of federal and state income taxation of individuals, proprietorships, partnerships, and corporations, with emphasis on tax return preparation for each of these entities. Topics covered include gross income inclusions and exclusions, deductions for and deductions from adjusted gross income, business and employment related deductions, personal deductions, exemptions, credits, property transactions (in-depth acquisitions, cost recovery, and dispositions), AMT, and deferrals of income/expense recognition.

Prerequisite(s): ACCT 325 or Permission of Instructor.