Catalog

ACCT 112 Federal Income Taxation I

Fundamentals of federal income taxes for the sole proprietorship form of business. Presents the basic framework of federal income tax filing requirements, the determination of adjusted gross income, and adjustments from adjusted gross income. The effect of personal and business deductions and business income is included. Covers preparation of a basic federal income tax return. Not intended for transfer.

Credits

5

Prerequisite

ACCT 110 or ACCT& 201 with a grade of C or higher