ACCT-235 Tax Accounting
This course covers current tax laws governing recognition of items of gross income, exclusions, deductions, capital gains and losses, credits, estimated taxes, employment taxes, and the calculation of taxable income for an individual and sole proprietor. This is the first of three tax courses that prepare students for individual and business decisions relating to federal taxation and the Federal Tax Regulation section of the Certified Public Accountant (CPA) Exam.