ACCT 404: Advanced Federal Income Taxation
Course Description
This course is a continuation of ACCT 403 Federal Income Taxation. Coverage includes advanced tax topics of C corporations, S corporations, and partnerships. In addition, the course covers business expenses and losses of individuals, property transactions, and the QBI deduction. A brief introduction to tax practice and ethics will be provided as well as an introduction to the federal estate and gift taxes. Prerequisites: (ACCT 403 with a grade of C or better) AND EITHER (Admitted to the School of Business) OR (60 credits and 2.2 GPA). Special course fees may apply.