Income Taxes

Credits: 3

Prerequisite: READ 0220 Reading Strategies or placement determined by assessment

Co-Requisite: none

This course provides an explanation and interpretation of the Internal Revenue Code as applied to individual and business tax returns. Topics include filing requirements, filing status, gross income, inclusions and exclusions, business income and expenses, itemized deductions and other incentives, credits and special taxes, accounting periods and methods, capital gains and losses, withholding, estimated taxes, and payroll taxes, partnership taxation, corporate income tax, and tax administration and planning.

Transfer Curriculum Goal(s): none