Individual Taxation

Ryan Pace (Autor)

Buch | Softcover

277 Seiten

2021 | 9th Revised edition
Kendall/Hunt Publishing Co ,U.S. (Verlag)
978-1-7924-6478-2 (ISBN)

Titel nicht im Sortiment

Artikel merken

The study of tax law can be an intimidating task. Nevertheless, students wil find that being proficient in tax law can be very rewarding and prepares students for valuable career opportunities as accounting, tax advisors, and business consultants. Once a student understands the organization of the Internal Revenue Code and the overall method of determining an individual taxpayer's tax liability, learning the more complex parts of the tax law can be put in perspective and approached in a more structured manner.Individual Taxation is designed for undergraduate students engaged in their initial study of the taxation of individuals. The text is intended for use in a single semester course. The purpose of this text is to present the fundamentals of determining gross income, exclusions, deductions, credits, etc. To accomplish this purpose, the text does not contain a comprehensive coverage of all possible unique exceptions and transactional variations. As a result, students can better understand the core important concepts rather than focusing on memorizing never-ending rules that often change. Straight-forward examples illustrate the impact of tax laws on common situations. Being proficient with the material contained in this text is essential for accounting students looking to advance their careers.

The following features highlight the approach of this text: Reader-friendly language; Simple math so the student can focus on the concept, not the math; Shorter chapters to enhance retention and minimize reader fatigue; Direct quotations from the Internal Revenue Code so the student becomes familiar with it; Practical questions and problems; Straightforward tax return problems; Affordable text that provides enough material to cover a semester of study, but not so much that the instructor cannot effectively cover it all.

Preface
About the Author
PART 1 INTRODUCTION TO INDIVIDUAL TAXATION
Chapter 1 Tax Law in General
Chapter 2 Individual Income Tax Formula and Tax Rates
PART 2 FILING STATUS, PERSONAL AND DEPENDENCY EXEMPTIONS STANDARD DEDUCTION, AND FILING REQUIREMENTS
Chapter 3 Filing Status
Chapter 4 Exemptions and the Standard Deduction
A. Personal Exemption
Chapter 5 Filing Requirements, Interest and Penalties
PART 3 INCLUSIONS IN GROSS INCOME
Chapter 6 Gross Income Defined, Wages, Salaries, Tips, Business Income, Unemployment Compensation, and Social Security Benefits
Chapter 7 Interest, Dividends, Capital Gains, Rental, and Royalty Income
Chapter 8 Prizes, Awards, Tax Refunds, Alimony, and Other Income
Chapter 9 Transactions in Property
PART 4 EXCLUSIONS FROM GROSS INCOME
Chapter 10 Common Exclusions from Gross Income
Chapter 11 Exclusion of Employer-Provided Employee Benefits
PART 5 DEDUCTIONS IN ARRIVING AT ADJUSTED GROSS INCOME (DEDUCTIONS "FOR" AGI)
Chapter 12 Common Business Deductions
Chapter 13 Losses and Bad Debts
Chapter 14 Alimony, Moving Expenses, Educational Expenses, Student Loan Interest, and Tuition and
Chapter 15 Individual Retirement Account Contributions, One-Half Self-Employment Tax, and Other
PART 6 ITEMIZED DEDUCTIONS (DEDUCTIONS "FROM" AGI)
Chapter 16 Medical Expenses, Taxes, and Interest Expense
Chapter 17 Charitable Contributions
PART 7 TAX CREDITS
Chapter 18 Common Tax Credits for Individuals
Chapter 19 Prepayments of Tax and Other Tax Credits
PART 8 TIMING OF RECOGNIZING INCOME AND DEDUCTIONS
Chapter 20 Taxable Year and Accounting Methods
PART 9 SPECIAL TOPICS
Chapter 21 Special Issues in Property Transactions
Chapter 22 Qualified Retirement Plans and Deferred Compensation Arrangements
Chapter 23 Vacation Homes and Sale of a Principal Residence
Chapter 24 Alternative Minimum Tax
Chapter 25 Overview of Partnership Taxation
Chapter 26 Overview of Corporate Taxation
Chapter 27 Overview of Other Taxes
Chapter 28 Tax Audits and Appeals
A. IRS Audits and Appeals
Chapter 29 Overview of Tax Research
Appendix of Forms
Index

Erscheint lt. Verlag	30.4.2021
Verlagsort	Iowa
Sprache	englisch
Themenwelt	Recht / Steuern ► Steuern / Steuerrecht
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
ISBN-10	1-7924-6478-9 / 1792464789
ISBN-13	978-1-7924-6478-2 / 9781792464782
Zustand	Neuware