ACC 5420 - Personal Tax Planning

Credits: 2

This is an individual income taxation course designed to focus on strategic tax planning for a variety of taxpayers, including but not limited to: high-income taxpayers that comprise four particular categories of tax filers: high net worth individuals and their families, investors, business owners and retirees. The course includes a review of fundamental federal tax law as it applies to the reporting of gross income, allowance for deductions, application of tax credits and imposition of taxes. The implementation of tax planning strategies to reduce overall tax liability will be a point of emphasis and discussion.