BACC 3324 Federal Income Taxation for Individuals

The study of Federal Income Tax laws relating to individuals. This course also studies current tax code concepts, issues, and regulations and the resulting consequences and liabilities to a financial planner’s clients. The course explores the structure of the tax code as it pertains to the taxation of individuals, and their proprietorships. The course also explores tax management techniques such as excluding income, deferring income, shifting income, and managing or timing income. Students will develop tax planning strategies to manage tax liability and to accumulate assets while minimizing tax consequences. Prerequisite: A grade of “C” or better in BACC 2310 and junior standing.