Income Tax Fundamentals (with TaxCut Tax Prep Software)

by Whittenburg, Gerald E.; Altus-Buller, Martha

• ISBN13: 9780324380385
• ISBN10: 0324380380
• Edition: 1st
• Format: Paperback
• Copyright: 2007-12-11
• Publisher: South-Western College Pub

Summary

Trust the number one tax preparation text to introduce your students to individual income tax preparation using a proven forms approach in a hands-on workbook format. As the market-leading tax preparation text for 26 years, Whittenburg/Altus-Buller's INCOME TAX FUNDAMENTALS, 2008 EDITION, Twenty-Sixth Edition, provides a concise, yet complete, practical introduction to the most important areas of the tax law for your students. Easy-to-digest sections of tax information throughout this edition incorporate numerous real examples using actual tax forms. New features in this edition present intriguing, and even humorous, actual tax situations to maintain student interest. Strategically placed self-check problems provide immediate feedback before students proceed to the next section. Strong end-of-chapter reinforcement, including online interactive quizzes, further prepares students for future exams and career success. Up-to-the-minute tax information, revised each year to reflect the current tax law, ensures you are presenting the latest information, while New Law Alerts sections detail the effects of the latest tax laws. With the help of INCOME TAX FUNDAMENTALS' comprehensive support package and complete proven presentation, your students leave your course with the knowledge and skills to handle the challenges today's tax preparers frequently face.

Table of Contents

The Individual Income Tax Return

Gross Income and Exclusions

Business Expenses and Retirement Plans

Self-Employed and Employee Expenses

Itemized Deductions and Other Incentives

Credits and Special Taxes

Accounting Periods, Methods, and Depreciation

Capital Gains and Losses

Withholding, Estimated Payments, and Payroll Taxes

Partnership Taxation

The Corporate Income Tax

Tax Administration and Tax Planning

Tax Rate Schedules and Tax Tables

Earned Income Tax Credit Table

Withholding Tables

Extra Tax Forms

Additional Comprehensive Tax Return Problems

Table of Contents provided by Publisher. All Rights Reserved.