South-Western Federal Taxation 2011 Individual Income Taxes, Professional Version (with H&R Block @ Home™ Tax Preparation Software CD-ROM)

by Hoffman, William; Smith, James E.; Willis, Eugene

• ISBN13: 9781111222550
• ISBN10: 111122255X
• Edition: 34th
• Format: Hardcover
• Copyright: 2010-04-14
• Publisher: South-Western College/West

Summary

Packed with "Big Picture" tax scenarios and "What-If?" case variations, SOUTH-WESTERN FEDERAL TAXATION 2011: INDIVIDUAL INCOME TAXES remains the most effective text for helping you master detailed tax concepts and the ever-changing tax legislation. Renowned for its accessible, comprehensive, and time-tested presentation, this text provides thorough coverage while highlighting materials of critical interest to the tax practitioner. INDIVIDUAL INCOME TAXES offers you many opportunities to sharpen critical-thinking and writing skills. A chapter-opening feature, Framework 1040: Tax Formula for Individuals, provides a unique organizational framework so you can understand how chapter topics relate to the 1040 form. Internet exercises are tied directly to chapter research cases in the text to give you hands-on experience using online resources to solve tax issues. H&R Block at Homer tax preparation software comes with each new copy of this text so you can obtain professional experience with leading software!The 2011 edition has been fully updated to include the latest tax legislation for individual taxpayers.

Table of Contents

Introduction and Basic Tax Model

An Introduction to Taxation and Understanding the Federal Tax Law

Working with the Tax Law

Tax Formula and Tax Determination

An Overview of Property Transactions

Gross Income

Gross Income: Concepts and Inclusions

Gross Income: Exclusions

Deductions

Deductions and Losses: In General

Deductions and Losses: Certain Business Expenses and Losses

Depreciation, Cost Recovery, Amortization, and Depletion

Deductions: Employee and Self-Employed-Related Expenses

Deductions and Losses: Certain Itemized Deductions

Investor Losses

Special Tax Computation Methods, Payment Procedures, and Tax Credits

Alternative Minimum Tax

Tax Credits and Payment Procedures

Property Transactions

Property Transactions: Determination of Gain or Loss and Basis Considerations

Property Transactions: Nontaxable Exchanges

Property Transactions: Capital Gains and Losses

Property Transactions: Section 1231 and Recapture Provisions

Accounting Periods, Accounting Methods, and Deferred Compensation

Accounting Periods and Methods

Deferred Compensation

Corporations and Partnerships

Corporations and Partnerships

Tax Rate Schedule 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

Comprehensive Tax Return Problems

Table of Cases Cited

Depreciation

Subject Index

Table of Contents provided by Publisher. All Rights Reserved.