McGraw-Hill's Essentials of Federal Taxation, 2016 Edition

7th Edition
1259415058 · 9781259415050
McGraw-Hill’s Essentials of Federal Taxation is designed for a one-semester course, covering the basics of taxation of individuals and business entities. To facilitate a one-semester course,  McGraw-Hill Education’s Essentials of Federal Taxatio… Read More
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Chapter 1 An Introduction to Tax

Chapter 2 Tax Compliance , the IRS, and Tax Authorities

Chapter 3 Tax Planning Strategies and Related Limitations

Chapter 4 Individual Income Tax Overview, Exemptions, and Filing Status

Chapter 5 Gross Income and Exclusions

Chapter 6 Individual for AGI Deductions

Chapter 7 Individual from AGI Deductions

Chapter 8 Individual Income Tax Computation and Tax Credits

Chapter 9 Business Income, Deductions, and Accounting Methods

Chapter 10 Property Acquisition and Cost Recovery

Chapter 11 Property Dispositions

Chapter 12 Entities Overview

Chapter 13 Corporate Formations and Operations

Chapter 14 Corporate Nonliquidating and Liquidating Distributions

Chapter 15 Forming and Operating Partnerships

Chapter 16 Dispositions of Partnership Interests and Partnership Distributions

Chapter 17 S Corporations

Appendix A: Tax Forms

Appendix B: Tax Terms Glossary

Appendix C: Comprehensive Tax Return Problems

Appendix D: Code Index

McGraw-Hill’s Essentials of Federal Taxation is designed for a one-semester course, covering the basics of taxation of individuals and business entities. To facilitate a one-semester course,  McGraw-Hill Education’s Essentials of Federal Taxation folds the key topics from the investments, compensation, retirement savings, and home ownership chapters in Taxation of Individuals into three individual taxation chapters that discuss gross income and exclusions, for AGI deductions, and from AGI deductions, respectively. The essentials volume also includes a two-chapter C corporation sequence that uses a life-cycle approach covering corporate formations and then corporate operations in the first chapter and non liquidating and liquidating corporate distributions in the second chapter. This volume is perfect for those teaching a one-semester course and for those who struggle to get through the 25-chapter comprehensive volume.