3.00 Credits
Prerequisite(s): Undergraduate course: ACC 3400 and University Advanced Standing. Graduate course: Admission to Master of Accountancy Program.. Provides an introduction and understanding of the construct and application of the federal tax laws. Studies the federal taxation of corporations, partnerships/LLCs, estates and trusts, gifts, and exempt entities based on the laws, regulations, and associated tax decisions. Covers the professional rules, regulations, and ethical considerations imposed on tax professionals.. Lab access fee of $13 for computers applies.