BUS 186 Tax Accounting

Statutes, regulations, administrative rulings and court decisions relating to Federal and California income taxes, including audit procedures. Students explore filing requirements concepts of gross income and loss, exemptions deductions of business and personal expenditures nontaxable exchanges, capital gains and loss, and tax credits. Instruction includes preparation of a variety of federal and state income tax returns. Prerequisites: BUS 15A, BUS 15B.

Credits

3

Prerequisite

BUS 15A and BUS 15B

Distribution

BUS