This course will provide an overview of the statutes, regulations and cases which comprise the federal income tax. We will study the definition of gross income, problems of timing, critical issues in tax policy, business and personal deductions, the tax rate structure, the recognition of gains and losses, and the administrative and procedural aspects of the tax determination process. Elements used in grading: Class participation and final exam.
Instructors for this courseJoseph Bankman
Barbara H. Fried