ACCT 306 - Income Tax

(4)

FA. A study of federal income tax law to provide a basis for an understanding and evaluation of that law. Examines the implications of income taxation for economic decision-making. Emphasis on taxation of individuals, with coverage of corporations, partnerships, estates, and trusts as they relate to individuals. Prerequisite(s): a grade of at least a C in ACCT 203 and ACCT 204.