LAW 7095 - Basic Federal Taxation I.

2 to 3 Credit Hours

Description
This is an elective course. An introduction to federal income taxation, with emphasis on fundamental doctrines and major structural aspects of the Internal Revenue Code. Includes: definition of income, basic rules relating to the deduction of items, limitation on deductions, and introduction to capital gains and non- of taxation of entities such as corporations and introduction to taxation of estates and trusts. recognition transactions, and an introduction to tax accounting.