West Federal Taxation 2007 Taxation of Business Entities, Professional Edition

WEST FEDERAL TAX: TAXATION OF BUSINESS ENTITIES, PROFESSIONAL VERSION, 2007 EDITION is designed with the AICPA Model TaxCurriculum in mind. The text presents the introductory federal taxation course from a business entity perspective, emphasizing tax conceptsand issues, not the details of the tax rules.

PART I. THE WORLD OF TAXATION. 1. Introduction to Taxation. 2. Working with the Tax Law. PART II. STRUCTURE OF THE FEDERAL INCOME TAX. 3. Gross Income. 4. Business Deductions. 5. Losses and Loss Limitations. PART III. PROPERTY TRANSACTIONS. 6. Property Transactions: Basis, Gain and Loss, and Nontaxable Exchanges. 7. Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions. PART IV. BUSINESS ENTITIES. 8. Corporations: Organization, Capital Structure, and Operating Rules. 9. Corporations: Earnings & Profits and Dividend Distributions. 10. Partnerships and Limited Liability Entities. 11. S Corporations. PART V. SPECIAL BUSINESS TOPICS. 12. Multijurisdictional Taxation. 13. Business Tax Credits and Corporate Alternative Minimum Tax. 14. Comparative Forms of Doing Business. PART VI. TAXATION OF INDIVIDUALS. 15. Introduction to the Taxation of Individuals. 16. Individuals as Employees and Proprietors. Appendices. Subject Index.