May 30, 2024  
2023-2024 Online College Catalog 
    
  Catalog Home
  College Home Website
  Admissions
  Academic Information
  General Information
  Academic Calendar
  Graduate Departments & Programs
  Graduate Certificates
  Graduate Courses
  Graduate Policies
  Undergraduate Departments & Programs
  Undergraduate Certificates
  Undergraduate Courses
  Associates: Core Curriculum
  Bachelors: Core Curriculum
  Undergraduate Policies
  Non-Credit Programs
  Non-Credit Courses
  Policies and Procedures
  Consumer Grievance Policy
  Student Resources & Support
  Textbook and Materials
  Graduation
  Brightspace Login
  Distance Learning
  Contact Information
  On-Campus Programs at a Glance
  Tuition and Fees
  My Portfolio
HELP
2023-2024 Online College Catalog
Facebook this Page (opens a new window)
Tweet this Page (opens a new window)
Add to Portfolio (opens a new window)

AC 312 - Federal Income Taxes

The application of federal income tax law is studied as it applies to individuals, partnerships, and corporations. Course content includes tax preparation, tax research, and tax planning. 

Prerequisites & Notes
AC 210

Assignment Overview
  • Assignments: Varied Throughout the Term
  • Interactivity: Discussion Boards
  • Final: No final project


Course Learning Objectives
Upon completing this course, you should be able to do the following:

  • Identify the objectives and models of taxation.
  • Compare and contrast tax planning strategies and tax rates.
  • Define income and sources of income.
  • Identify types of employee compensation and their tax consequences.
  • Identify business expenses and deductions.
  • Compare types of property, methods of acquisition, depreciation, and disposition.
  • Review and compare the benefits of tax-deferred exchanges.
  • Compare and contrast corporations, partnerships, and sole proprietorships.
  • Review individual taxation, exemptions, credits, and deductions.
  • Compare tax planning strategies for estates. 


Credits: 3


Facebook this Page (opens a new window)
Tweet this Page (opens a new window)
Add to Portfolio (opens a new window)