U.S. Federal Taxation

This course covers the U.S. federal tax system as it relates to individuals, employees, and sole proprietors. Key concepts include gross income, tax deductions, and practical experience in reporting income and expenses on Form 1040.

Examining property transactions of business owners and shareholders, this module focuses on topics such as cost recovery, realized versus recognized gains and losses, and tax effects of nontaxable exchanges.

This module provides an introduction to the U.S. federal income taxation of corporations and their shareholders. It covers provisions governing corporate formation, operations, distributions, and liquidation.

Offering an introduction to the U.S. federal income taxation of pass-through business entities, this module covers relevant provisions governing the formation, operation, and termination of pass-through entities such as Subchapter S corporations, partnerships, and limited liability companies.