||Computation of taxable income and taxes payable for individuals and corporations. Rights and obligations of the taxpayer. Determination of the effects of federal income taxes on decision-making, partnerships and trusts.
||Lectures, discussion, 3 hours per week.
||open to BAcc majors or permission of the Department. In Spring Session, open to BAcc Co-op majors until date specified in Registration guide.
||Completion of this course will replace previous assigned grade and credit obtained in ACTG 4P40.