LAW 7096 - Basic Federal Taxation II.

2 to 3 Credit Hours

Prerequisites: LAW 7095.
Description
This is an elective course. A continuation of Basic Federal Taxation I, with emphasis on more sophisticated provisions of the Internal Revenue Code that apply to individuals. Includes: limitation on tax shelters, advanced tax accounting concepts, advanced capital gains and loss provisions, and an introduction to alternative tax entities such as corporations, partnerships, limited liability companies, estates and trusts.