ACCT 4310 - Income Tax Accounting

3 Credit Hours
Prerequisite: BB 1, ACCT 3020 with all grades of “C” or higher
Description: Introduction to the Internal Revenue Code and Treasury Department regulations with emphasis on the determination of income and statutory deductions to compute taxable net income. Taxation of gains and losses on property transactions, the alternative minimum tax. Introduction to the use of tax and financial planning techniques.