West’s Federal Taxation 2005 Comprehensive, Professional Version

by Willis, Eugene; Hoffman, William H.; Maloney, David M.; Raabe, William A.

• ISBN13: 9780324220896
• ISBN10: 0324220898
• Format: Hardcover
• Copyright: 2004-04-27
• Publisher: South-Western College/West

Summary

Combining the number one Individual tax text with the number one Corporations text, West Federal Taxation: Comprehensive Volume, 2005 Edition, is a true winner. An edited version of the first two WFT textbooks, this book offers a thorough and balanced treatment of relevant tax Code and regulations as applied to individuals and corporations. Ideal for undergraduate or graduate levels, this text works for either a one-semester course in which an instructor wants to integrate coverage of individual and corporate taxation, or for a two-semester sequence in which the use of only one book is desired.

Table of Contents

An Introduction to Taxation and Understanding the Federal Tax Law

Tax Determination

Personal and Dependency Exemptions

An Overview of Property Transactions

Gross Income: Concepts and Inclusions

Gross Income: Exclusions

Deductions and Losses: In General

Deductions and Losses: Certain Business Expenses and Losses

Depreciation, Cost Recovery, Amortization, and Depletion

Deductions and Self-Employed-Related Expenses

Deductions and Losses: Certain Itemized Deductions

Passive Activity Losses

Tax Credits

Property Transactions: Determination of Gain or Loss, Basis Considerations, and Nontaxable Exchanges

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

Alternative Minimum Tax

Accounting Periods and Methods

Corporations: Introduction, Operating Rules, and Related Corporations

Corporations: Organization and Capital Structure

Corporations: Distributions Not in Complete Liquidation

Corporations: Distributions in Complete Liquidation and An Overview of Corporate Reorganizations

Partnerships

S Corporations

Exempt Entities

Multistate Corporate Taxation

Taxation of International Transactions

Tax Administration and Practic

The Federal Gift and Estate Taxes

Income Taxation of Trusts and Estate

Working with the Tax Law

Appendices

Tax Rate Schedules and Tables

Tax Forms

Glossary of Key Terms

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

Comprehensive Tax Return Problems

Subject Index

Table of Contents provided by Publisher. All Rights Reserved.