AC 719 - Individual Income Tax

(3.00 cr.)

Provides students with a solid understanding of the fundamental principles of taxation impacting individuals. Items of income, deduction, and credit will be covered. The tax implications of investments, retirement savings, and home ownership are also covered during the course. Lastly, the course addresses federal tax controversy in terms of managing the IRS audit and appeals process. A tax research paper is required in addition to three examinations. Prior coursework in the area of taxation is not a prerequisite for this course. This course is helpful for students wishing to take the Uniform Certified Public Accounting (CPA) examination.

Sessions Typically Offered: Spring
Years Typically Offered: Annually