ACC-2220 Advanced Tax Accounting

Credits 3
A second course in taxation, which examines the tax consequences of operating a business. The course emphasizes the federal tax treatment of corporations and partnerships with some coverage of estates and trusts.
Prerequisite(s): ACC-2002 and ACC-2210.
(Not offered summer.)

Course Outcomes

Apply U.S. tax code to corporations.
Determine relationship between corporate taxable income and earnings.
Analyze consolidated tax returns.
Research tax planning issues for corporations and partnerships.
Evaluate tax consequences of corporate distributions.