ACCT 476 - Entity Taxation

Credits: 4

Application of federal income tax law to partnership, corporations and fiduciaries. Topics include transactions between partners and partnership for retirement, death, transfer or partial liquidation of an interest; tax shelters, special deductions for corporations; Subchapter S; corporate distributions and reorganizations; tax on accumulated earnings; personal holding companies; taxation on trusts and estates (introductory); tax appeal and conference procedures. This is the recommended Tax course for all Accounting majors. Prerequisites: ACCT 312 and Senior standing. Offered fall, spring and winter semesters.

Prerequisites ACCT 312 and senior standing.