ACCT 540 - Advanced Business Entity Taxation

Credit(s): 3
3 semester hours
Prerequisite(s): ACCT 341- Advanced Federal Income Taxation or its equivalent. (This is an undergraduate course- please refer to the undergraduate catalog for course description).
Provides the students with a working knowledge of advanced business entity taxation. Students will be able to apply sophisticated tax principles in employment situations as well as communicate this information to their clients and the public. The Internal Revenue Code and Tax Regulations are applied to a research project involving current tax matters. Utilizes research tools to apply critical thinking skills used to discuss and interpret tax issues. Provide a working knowledge of international and entity tax issues along with the termination issues facing businesses. State compliance issues such as multi-state taxation and sales and use taxes will be covered as well as succession planning and exempt entity taxation.