Mar 29, 2024  
2012-2013 Undergraduate Catalog 
    
2012-2013 Undergraduate Catalog [ARCHIVED CATALOG]

BUA 312 - Federal Taxation of Individuals


A study of Federal income tax laws as they affect individuals.  Includes a study of principles and concepts of taxation.  Various types of income, deduction, credits and gains and losses are covered, including capital gains, income from self-employment, itemized deductions and realized and recognize gains and losses, among others.  Emphasis is on tax-planning to minimize taxable income.  The effect of the tax laws on individual and small business decision-making is studied.  Students learn tax research techniques to help identify tax issues and find solutions to tax problems.  This course prepares students for further study in taxation.

Prerequisites: BUA 202, junior standing.

Credits: 3