ACC 4301 - Individual Income Taxation

Credits: 3 Class: 3 Lab: 0
Prerequisite(s): Completion of the common core plus 18 additional hours and ACC 2302.
Determination of income and statutory deductions to arrive at net taxable income. In addition, the determination of tax liability and various tax credits are discussed. The Internal Revenue Code, various income tax acts and problems of the preparation of individual income tax returns are studied as they relate to current laws.