Taxation of Business Entities I: Corporations

This course provides an introduction to the U.S. federal income taxation of corporations and their shareholders. The course focuses on the relevant provisions of Subchapter C of the Internal Revenue Code, as well as related Treasury Regulations and judicial opinions, governing corporate formation, operations, distributions, and liquidation. Practical in-class study problems facilitate self-discovery of technical tax knowledge along with the development of a variety of professional skills and att

• Evaluate tax treatment of various organizational forms
• Compare taxation of individuals and corporations
• Calculate corporate income tax
• Determine tax effects of incorporation, distributions, liquidation, and reorganizations