Meeting Times, Location, & Course Delivery Details
Course Format: Face-to-Face
This course is taught in face-to-face. You will attend class in the physical classroom during the regularly scheduled day/time. You will be expected to attend class, participate in in-class activities, and independently complete homework outside of class by assigned due date
Contact Information
1.0
Upon successful completion of this course…
1. The student will be able to comprehend general concepts of personal and entity tax accounting.
2. The student will be able to demonstrate determination of gross income, deductions, credits, tax rates,
and capital gains.
3. The student will be able to formulate charts and manipulate Excel software at the intermediate level.
Principles of Taxation for Business and Investment Planning 2025 Edition, 9781265146986 By Sally Jones, Shelley Rhoades-Catanach, Sandra Callaghan and Thomas Kubick © 2027
This course is to develop, on a sound conceptual base, a basic understanding of modern economic and tax theory, measurement of taxable income, tax planning and state and federal income taxation to provide tools for a practical application to individual and business situations. Included are such topics as capital asset and property transactions, business and personal deductions, accounting methods and periods, retirement investment options, tax credits and the alternative minimum tax system.
Tentative Schedule
Subject to change during the semester. Adequate notice of changes will be given.
Week 1 CH 1 & 2 Taxing Jurisdictions Reading, Key Terms, Introductions
Week 2 CH 3 & 4 Tax & Transaction Costs Reading, Key Terms, Quiz
Week 3 CH 5 Tax Research Reading, Key Terms, Research Job LO 21 & 22
Week 4 CH 6 & 7 Taxable Income & Property Acqusitions Reading, Key Terms, Quiz
Week 5 CH 8 Property Dispositions Reading, Key Terms, Application Problems
Week 6 CH 9 Nontaxable Exchanges Reading, Key Terms, Midterm Prep
Week 7 CH10 Sole Propreitorships Reading, Key Terms, Midterm
Week 8 CH 11 Corporate Taxpayer Reading, Key Terms, Research Jobs
Week 9 CH 12 Choice of Business Entity Reading, Key Terms, Quiz
Week 10 CH 13 Jurisdiction Issue Reading, Key Terms, Research Jobs
Week 11 CH 14 Individual Tax Formula Reading, Key Terms, Quiz
Week 12 CH 15 Compensation and Retirement Reading, Key Terms, Application and Research
Week 13 CH 16 Investment and Personal Planning Reading, Key Terms, Quiz
Week 14 CH 17 Tax Consequences of Personal Activities and Key Terms
Week 15 CH 18 Tax Compliance Process, Key Terms, Application and Research
Week 16 Review
Final Exam
1.Demonstrate knowledge of the concepts, principles, and rules of taxation of individuals and small businesses;
2.Recognize tax planning opportunities and recommend appropriate tax-saving strategies for decision making;
3.Address tax situations for a variety of taxpayers, such as wage earners, salespersons, owners of small business, professionals, investors, home and rental property owners, farmers, etc.
4.Students will apply enhanced analytical skills to resolve complex problems.
5.Students will understand the legal, regulatory, and professional environment of accounting.
6.Apply knowledge and demonstrate technical proficiency in accounting. Accounting includes, but is not limited to, financial and managerial accounting, financial statement auditing, accounting information systems, and taxation.
7.Apply knowledge and demonstrate technical abilities in areas of taxation, including corporate taxation, property transactions, taxation of flow-through entities, international taxation, state and local taxation, individual taxation, and accounting for income taxes. Read, understand, and apply the Code and other primary tax authorities to resolve complex taxpayer issues.
The grading scale will be as follows:
90% - 100% = A
80% - 89% = B
70% - 79% = C
60% - 69% = D
Below 60% = F
Instructor Course Policies
Attendance is MANDATORY. You can be assured that you will be missing valuable information if you choose to miss class. In addition, I may occasionally have in class assignments that CANNOT be made up. Therefore, it is in your best interest to attend class regularly. I will not specifically be taking attendance each class. However, should you choose to miss class on a regular basis, you can be certain it will not only be reflected in your performance on the exams and assignments, but it will also be reflected in the class participation/attendance portion of your grade.
Should you have to miss class, please inform me BEFORE if you know you will be missing a class. You will not be able to make up work after the missed absence. All work must be submitted prior to the absence (this includes, but is not limited to tests and quizzes). If you are an athlete, it is your responsibility to provide me with your schedule ahead of time (this means not an hour before you have to leave). I understand that at times emergencies prevent you from attending class. These instances will be handled on a case by case basis.
See the current student handbook for the college’s attendance policy, especially as it pertains to absence
Students are expected to maintain high standards of academic integrity in all work for this course. Plagiarism and/or cheating of any form (including using AI) will NOT be tolerated. Dishonesty in any work may result in a grade of F for the course. The use of AI is prohibited in this course. Plagiarism is a form of academic dishonesty that may result in the same penalty. In cases of mitigating circumstances, the instructor may assign a lesser penalty.
Institutional and Program-Level Policies
All exams will follow the Final Exam Schedule. Students scheduled to take three or more final examinations on one day may request to arrange their examination schedule, so no more than two exams occur on one day.
Requests for early or late exams are considered only under extreme circumstances. Prior to the exam period, the student must file a written request on the Early/Late Exam Form available in the Student One Stop Center, Academic Records, and on the WC portal. The form must be signed by the Instructor and the Academic Dean, approving the alternate exam time. This process must be completed prior to the scheduled exam period.
Undergraduate: FA26 Final Exam Schedule
Out-of-class Work Expectation A minimum of 2 hours of out-of-class student work is expected for each hour of in-class time for traditional face-to-face courses. For online and hybrid courses, the combination of face-to-face time and out-of-class work should be equal to 3 hours per credit hour per week. |
Instructional Course Delivery Definition of Courses |
Academic Integrity Policy The use of generative AI is prohibited except where expressly allowed in assignment instructions. Academic Integrity Policy |
Class Attendance Policy Institutional Class Attendance Policy |