ACCT 321 - Federal Income Tax II

3 Credits
Three hours per week.

This course focuses on the principles and application of federal tax law to C-Corporations, S-Corporations, and Partnerships. Some coverage is also devoted to international taxation of U.S. corporations and individuals having foreign-source income, estate and gift taxation, fiduciary taxation – trusts and estates, and taxation of beneficiaries who receive distributions from trusts and estates. Students prepare tax returns throughout the course using commercial tax preparation programs and complete some tax research for compliance and planning.

Prerequisite(s) ACCT 320 with a grade of “C” or better.
Offered (SPRING).