ACCT 412 Corporate/Partnership/Estate Taxation

This course provides applied learning of the Internal Revenue Tax Code with a focus on corporate tax, partnership tax, and LLC, LLP, and “S” corporation tax returns. In addition, tax levies, corporate distributions and special issues are included. The taxation of gifts, estates, and trusts are also explored. Technology used in the accounting profession will be discussed with a focus on data collection.

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

A foundation course in taxation designed for accounting and business students as part of an integrated business education, this course will complete the foundation begun in Individual Taxation by providing the student with the basic concepts and tax attributes related to alternative forms of operating a business.

Textbook readings and lecture presentations

No details available.

Course Requirements Checklist

After reading the Course Syllabus and Student Expectations, the student will complete the related checklist found in the Course Overview.

Homework Assignments (12)

In each Module, the student will be assigned homework to complete in the Connect digital learning environment. At the end of the assigned modules, Connect will automatically grade all of the assignments and place the scores within Grade Center.

All homework is conducted in Connect, not in the textbook (though the homework is based off of the material in the textbook). Connect may be accessed outside of Canvas; therefore, any potential Canvas outages are not grounds for Connect homework deadline extensions. The student should save the link provided by the instructor before the course begins for future reference.

AI/Critical Thinking Assignments (4)

The student will complete four AI/Critical Thinking assignments in Connect.  These assignments require the student to review and analyze artificial intelligence responses to questions for their accuracy and completeness, responding in the format of an essay question.

These assignments will be manually graded after the due date.

Quizzes (4)

There will be 4 quizzes in this course. Each quiz will cover the Learn material for the assigned module. Each quiz will be open-book/open-notes, contain 40 multiple-choice and true/false questions, and have a 2-hour and 30-minute time limit.

Biblical Integration Paper

The student will prepare a a two-to-three-page paper that logically and critically examines how biblical teachings and Christian principles of honesty, stewardship, and justice apply to corporate tax planning and compliance.