Course Code: ACCT 3002
Academic Year: 2020-2021
This is the first of two courses in federal income tax law. The course provides a study of current income tax policies, rules and legislation as they relate to the taxation of individuals. This is achieved by applying the law to practical problems and cases. Using exercises, problems, cases and tax preparation software, students will apply basic knowledge and understanding of the principles and practices of income taxation that impact individuals. Students will also obtain practical experience by applying knowledge from this and previous courses in preparing tax returns, using the publisher-supplied software PROFILE T1.