ACCT 6253 - Seminar in Tax Accounting

(3 Lecture Hours 0 Lab Hours 3 Credit Hours)

An examination of the federal tax treatment of fiduciaries, gifts, estates, corporations and partnerships. Emphasis is placed upon the formation of the entity, elements of gross income, treatment of property dispositions, allowable deductions and credits, determination of entity and investor basis, and liquidation of the entity. Tax research is emphasized.