ACCT 315 - Federal Taxation I

3 Credits
This course provides an explanation of the federal tax structure and provides training in the application of tax principles as they pertain to individuals. In addition, the course will provide an introduction to taxation for businesses, federal tax laws and regulations, taxation theory, and tax research and planning techniques.

Grade Note(s): A grade of C or better is required to take the next course in the sequence.
Prerequisite(s): ACCT 202
Course Learning Outcomes:
1. Design a tax strategy to minimize an individual’s tax situation.
2. Apply the federal tax law as it applies to individuals.
3. Conduct tax research utilizing a computerized tax service.
4. Prepare an individual tax return of intermediate complexity.
5. Recognize tax issues which may require additional tax research or analysis.