South-Western Federal Taxation 2011 Taxation of Business Entities, Professional Edition (with H&R BLOCK @ Home™ Tax Preparation Software CD-ROM)

by Smith, James E.; Raabe, William A.; Maloney, David M.

• ISBN13: 9780538498616
• ISBN10: 0538498617
• Edition: 14th
• Format: Hardcover
• Copyright: 2010-05-05
• Publisher: South-Western College/West

Summary

Packed with new "Big Picture" tax scenarios and new "What-If?" case variations, SOUTH-WESTERN FEDERAL TAXATION 2011: TAXATION OF BUSINESS ENTITIES remains the most effective text for helping students master complex tax concepts and the ever-changing tax legislation. Renowned for its accessible, comprehensive, and time-tested presentation, the text provides thorough coverage while highlighting materials of critical interest to the tax practitioner. Preparing students for the long term, TAXATION OF BUSINESS ENTITIES offers readers many opportunities to sharpen critical-thinking and writing skills. Internet exercises tied directly to chapter research cases give students hands-on experience using online resources to solve tax issues. H&R Block's TaxCut® software, Checkpoint® from Thomson Reuters and CPAexcel come with each new copy of this text to give your students professional experience with leading software! The 2011 edition has been fully updated to include the latest tax legislation.

Table of Contents

The World of Taxation

Introduction to Taxation

Working with the Tax Law

Taxes on the Financial Statements

Structure Of The Federal Income Tax

Gross Income

Business Deductions

Losses and Loss Limitations

Property Transactions

Property Transactions: Basis, Gain and Loss, and Nontaxable Exchanges

Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions

Business Entities

Corporations: Organization, Capital Structure, and Operating Rules

Corporations: Earnings & Profits and Distributions

Partnerships and Limited Liability Entities

S Corporations

Special Business Topics

Multijurisdictional Taxation

Business Tax Credits and Corporate Alternative Minimum Tax

Comparative Forms of Doing Business

Taxation of Individuals

Introduction to the Taxation of Individuals

Individuals as Employees and Proprietors

Tax Rate Schedules and Tables

Tax Forms

Glossary of Tax Terms

Table of Code Sections Cited, Table of Regulations Cited, Table of Revenue Procedures and Revenue Rulings Cited

Table of Cases Cited

Present Value and Future Value Tables

Index

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