ACCT 4350: Advanced Federal Income Taxation [BBA] (3)
Lecture: 3, Lab: 0, Other: 0
This course discusses the tax problems of setting up, operating and liquidating business entities including C corporations, S corporations, partnerships, estates and trusts. The interaction of tax problems of the business entity and small business owner are emphasized. Estates and trust are discussed. More tax research is introduced, state tax issues are discussed, and tax preparation software is used. Pre-requisite: ACCT 3310 and the successful completion of ACCT 2101, ACCT 2102, ECON 2105, ECON 2106, ENGL 1102, and MATH 2040 with a C or higher in each; at least 2.1 Cumulative GPA; at least 2.0 Institutional GPA.