AC 231 - Federal Income Tax Law And Practice I

Institution:

Monroe College-New Rochelle

Subject:

Description:

3 credits Federal Income Tax introduces basic concepts of the U.S. Tax Law, emphasizes filing requirements for individual taxpayers, gross income inclusions and exclusions, adjustments to income and itemized deductions and credits. Topics dealing with the Internal Revenue Service, the audit process, interest and penalties and methods of minimizing income taxes are also discussed. Tax return preparation, both manually and by computer, is emphasized and practiced.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

Phone Number:

Regional Accreditation:

Middle States Association of Colleges and Schools

Calendar System:

Unaccounted for code

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