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ACC-421 Federal Income Taxation

Federal Income Taxation is a one-semester course designed to help students learn the basics of federal income taxation of individuals. The course covers the basic tax calculations, filing status, gross income inclusions and exclusions, gain and loss recognition, business and personal deductions, tax credits, and filing requirements. It also looks briefly at the taxation of partnerships as well as that of corporations and special "S corporations".

Advisory: It is advisable to have completed ACC-101: Principles of Financial Accounting, and ACC-102: Principles of Managerial Accounting, with grades of C or better, in order to succeed in this course. Students are responsible for making sure that they have the necessary knowledge. Working knowledge of Microsoft Excel is required.

Study Methods:

Online Courses (ACC-421-OL):
Sep 2021,  Nov 2021,  Jan 2022,  Mar 2022,  May 2022
TECEP® Examination (ACC-421-TE):
Aug 2021,  Sep 2021,  Oct 2021,  Nov 2021,  Dec 2021,  Jan 2022,  Feb 2022,  Mar 2022,  Apr 2022,  May 2022,  Jun 2022

Credits: 3

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(Please visit the University bookstore to view the correct materials for each course by semester as the contents of the actual online syllabus may differ from the preview due to updates or revisions)