Catalog 2014-2015 
    
    Apr 25, 2024  
Catalog 2014-2015 [ARCHIVED CATALOG]

ACCT 256 Income Tax II

5 credits
Beyond the basics of ACCT 255  individual income taxes. Course covers business expenses, cost recovery (tax depreciation), capital gains and losses, disposition of business assets, partnership taxation, and standard corporate income tax including subchapter S corporations. In addition the course will cover payroll and withholding tax procedures, general tax planning, and IRS procedures and penalties.
Prerequisites: ACCT 255 .