The ACCT 3307 Income Tax Accounting course introduces students to the provisions of the Internal Revenue Code along with tax planning in personal and business transactions. This course will teach students to communicate about tax matters orally and in written form. The course will provide students with an understanding of the concepts of federal income taxation. In this course students will become familiar with and learn to analyze tax issues in business transactions. The course will teach students to apply federal income tax laws to taxpayer situations. In this course students will learn to prepare federal income tax returns for businesses and individuals.

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