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 required statements | 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:
Students are expected to take the exams as scheduled. If you have an emergency, you must notify the instructor before the exam, and only university excused absences will be accepted. Verification of the emergency is required before a make-up will be scheduled.
Illness and religious holidays are university excused absences. Please follow the university guidance related to these.
Homework is required and will be completed in the MyAccountingLab system. Late work will not be accepted.
Exams will be done in MyLab.
Class lectures are posted in the modules videos tabs for each module. Weekly online sessions from the in-person course will generally be used to answer student questions about subject matter and homework assignments.
Students may not seek advice or provide assistance from/to anyone else, the IRS, tax professionals, etc. Questions should be referred to the professor of the class. A statement to this effect must be attached to the completed tax returns and research projects.
Course Materials Purchased by the Students:
- Prentice Hall’s Federal Taxation 2026 Comprehensive With MyAccountingLab (accessed through the First Day program in Canvas; billed as a course charge; not recommended to opt out)
- Tax Preparation software for 2024 returns (optional) - any package such as Turbo Tax, H&R Block At Home, or Tax Act (Federal only, basic package)
Scholarly Perspectives
This course engages diverse scholarly perspectives to develop critical thinking, analysis, and debate and inclusion of a reading does not imply endorsement.