COURSE DESCRIPTION 2012 2013

Taxation of Business Entities

Prof. Meredith Conway,

4 credits day; 4 credits evening.

This survey course will cover the basics of taxation of business entities. The course includes an introduction to the federal income tax treatment of C corporations and pass-through entities such as partnerships, S corporations, and limited liability companies. The course examines on a comparative basis the formation, operation, and sales and liquidation of these entities. Corporate reorganizations and related transactions are also covered.

This course is designed primarily for students interested in business and will focus on identification and resolution of tax issues in common business transactions. Students enrolling in Taxation of Business Entities may not also enroll in Corporate Taxation or Partnership Taxation.

Prerequisite: Basic Federal Income Taxation

Elective Course

Meets Financial Services Concentration Requirements

Final Exam Required