(eBook PDF) Fundamentals of Taxation 2019 Edition 12th Edition – Digital Ebook – Instant Delivery Download
product details:
- ISBN-10 : 1260091880
- ISBN-13 : 978-1260091885
- Author: & 2 more
Emphasizing a hands-on approach to tax education, every concept introduced in Fundamentals of Taxation includes meaningful exercises that allow students to reinforce what they are learning. This book is designed to not only expose beginning tax students to tax law, but to also teach the practical intricacies involved in the preparation of a tax return. To train tomorrow’s tax preparers to handle the complex U.S. tax law, Fundamentals of Taxation’s author team has devised four primary teaching The text is organized closely to follow the IRS tax forms. Actual tax forms are incorporated throughout the text, giving students the opportunity to understand the principles behind tax law while they learn how to work with clients to obtain the information they will need to complete tax forms. Proper reporting of tax issues are illustrated. The authors present a tax issue, discuss the legal requirements, illustrate the proper tax form placement, and show the completed form in the text, mixing practical and legal implications of tax preparation. Integration of an individual income tax software package (TaxACT). The authors supplement the text with citations of relevant tax authorities such as the Internal Revenue Code, Treasury Regulations, Revenue Rulings, Revenue Procedures, and court cases.
table of contents:
Chapter 1: Introduction to Taxation, the Income Tax Formula, and Form 1040
Chapter 2: Expanded Tax Formula, Form 1040, and Basic Concepts
Chapter 3: Gross Income: Inclusions and Exclusions
Chapter 4: Adjustments for Adjusted Gross Income
Chapter 5: Itemized Deductions
Chapter 6: Self-Employed Business Income (Line 3 of Schedule 1 and Schedule C)
Chapter 7: Capital Gains and Other Sales of Property (Schedule D and Form 4797)
Chapter 8: Rental Property, Royalties, and Income from Flow- Through Entities (Line 5, Schedule 1, and Schedule E)
Chapter 9: Tax Credits (Form 1040, Lines 19, 20, 27 through 29, and 31, Schedule 3, Lines 1 through 14)
Chapter 10: Payroll Taxes
Chapter 11: Retirement and Other Tax-Deferred Plans and Annuities
Chapter 12: Special Property Transactions
Chapter 13: At-Risk/Passive Activity Loss Rules and the Individual Alternative Minimum Tax
Chapter 14: Partnership Taxation
Chapter 15: Corporate Taxation
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