ACC-207 Income Tax Accounting
This course is designed to familiarize accounting students with aspects of income taxation of individuals and provide a foundation upon which they can act in either an advisory or functional capacity.
Course Learning Outcomes
- Prepare simple and more complex Federal 1040 Income Tax returns for most individuals, including associated schedules
- Calculate Federal Withholding, Social Security Tax, and Medicare Tax related to payroll
- Demonstrate various aspects of tax planning and identify the differences between tax avoidance and tax evasion
- Research tax issues as they relate to individual tax returns