Course Description
Tax structure and tax principles. Accounting principles and procedures related to tax accounting. Application of tax and accounting principles to specific problems. Prerequisite: ACC 518.
Syllabus
Student Learning Outcomes, Goals, Objectives:
Students successfully completing this course will be able to:
- Provide a basic knowledge of tax structure and the fundamental skills for decision making regarding tax compliance and planning at the individual taxpayer level.
- Read and discuss the required assignments including the IRC and Regulations listed in the texts.
- Prepare written solutions to problem and case assignments.
- Review problems, cases, and related law.
Course Grading Information:
| Activity/Performance Measure | Percentage/Points |
|---|---|
| Midterm Exam 1 | 20% |
| Midterm Exam 2 | 20% |
| Final Exam (Comprehensive) | 20% |
| Tax Research Projects (2 – 420; 3 - 602) | 10% |
| Tax Return Projects (2 – 420; 3 - 602) | 10% |
| Homework (5 points are for completing course eval) and attendance | 20% |
Graduate students: All grades below a C become an F due to university rules on graduate student grading.
Grading Scale
| Percentage | Letter Grade |
|---|---|
| 93.0 – 100% | A |
| 90.0 – 92.9% | A- |
| 87.0 – 89.9% | B+ |
| 83.0 – 86.9% | B |
| 80.0 – 82.9% | B- |
| 77.0 – 79.9% | C+ |
| 73.0 – 76.9% | C |
| Below 73% | F |
Attendance/Participation:
Homework (5 points are for completing course eval) and attendance count for 20% of the grade.
Course Materials Purchased by the Students:
- Prentice Hall’s Federal Taxation 2026 Comprehensive With MyAccountingLab (required; homework and testing done through MAL system; access via First Day program in Canvas)
- Tax Preparation software for 2024 returns (optional) - any basic Federal only package such as Turbo Tax, H&R Block At Home, or Tax Act
Scholarly Perspectives
This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.