Taxation I – ACCT 401

CG • Section 8WK • 11/08/2019 to 04/16/2020 • Modified 10/23/2020

Course Description

A study of the legal and accounting aspects of federal taxation with an emphasis on individuals and unincorporated businesses.

For information regarding prerequisites for this course, please refer to the Academic Course Catalog.


This course will provide the necessary tools in order to analytically understand ramifications of decisions that are made by individuals and the tax implications that result from the decisions that individuals and unincorporated businesses make.

Measurable Learning Outcomes

Upon successful completion of this course, the student will be able to:

  1. Evaluate various tax credits, exclusions, deductions, and losses (including passive activity losses) for both the individual and self-employed individual.
  2. Evaluate the Alternative Minimum Tax mechanism.
  3. Prepare a completed tax return for an individual.
  4. Apply biblical principles to the field of taxation.

Course Assignment

Textbook readings and lecture presentations

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.

Group Discussion Board Forums (4)

For this collaborative discussion board, the instructor will place the student into a group at the beginning of the course. There will be 4 Group Discussion Board Forums throughout the course. The purpose of Discussion Board Forums is to generate interaction among students in regard to relevant, current course topics. The student is required to post 1 thread of at least 500 words which must include at least 2 citations other than the textbook. The student will then post replies of at least 250 words each to 2 other classmates’ threads.

Connect Homeworks (4)

In every other module/week, the student will be assigned homework to complete in the Connect digital learning environment. At the end of the assigned modules/weeks, Connect will automatically grade all of the assignments, and the instructor will then download the results and place the scores within Grade Center.

As a reminder, all homework is conducted in Connect, not in the textbook (though the homework is based off of the material in the textbook). In addition, Connect may be accessed outside of Blackboard; therefore, any potential Blackboard outages are not grounds for Connect homework deadline extensions. Save the link provided by the instructor before the course begins for future reference.

Comprehensive Problem

The student will complete a Comprehensive Problem from the textbook. The problem must be submitted as a PDF file using a tax software of the student’s choosing, provided it is able to be attached as a PDF file.

Exams (4)

Four exams will be required in this course. Each exam will be open-book/open-notes, contain 40 multiple-choice questions, and have a 2-hour and 30-minute time limit.