South-Western Federal Taxation Taxation of Business Entities (with TaxCut Tax Preparation Software CD-ROM)

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

• ISBN13: 9780324660517
• ISBN10: 0324660510
• Edition: CD
• Format: Hardcover
• Copyright: 2008-04-30
• Publisher: South-Western College/West

Summary

Complete with hundreds of examples, this updated text emphasizes federal tax concepts and issues--not the details of ever-changing tax rules--to equip readers with a solid understanding of the tax code and hands-on applications to put it into practice. The CD-ROM contains HR Block's TaxCut software.

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

Table of Contents provided by Publisher. All Rights Reserved.