ACCT 470 - Corporate and Other Entity Tax

3 hours
A study of the tax treatment of C corporations, Partnerships and S corporations. Topics include formation, taxation, distributions to shareholders, and liquidations. The emphasis will be on tax planning to minimize taxes. Part of the course will explore the basic rules of income taxation of estates and trusts. Tax research will be emphasized throughout the course, as well as the completion of computerized assignments. Prerequisite(s): ACCT 255 or permission of instructor. UG