ACCT 645 Organizational Tax
A study of tax accounting pertaining to entities. Corporations, partnerships, s-corporations, estates and trusts will all be discussed. The impact of book to tax differences, debt, and flow through status will all be examined. Students will utilize tax software to prepare returns of all entity types. Data analytics and analysis of the entity return will be utilized to develop tax planning strategies. Students will convey these strategies through written communication. Written communication will continue as students use the IRS code to research various situations.