Mar 28, 2026  
Academic Catalog 2025-2026 
  
Academic Catalog 2025-2026
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TAX 405 - Taxation of Individuals


This course introduces students to the fundamental principles of individual income taxation in the United States. The course covers the federal tax structure, taxable and non-taxable income, deductions, credits, and filing requirements. Emphasis is placed on applying tax law to real-life scenarios, interpreting the Internal Revenue Code, and understanding the ethical considerations involved in tax planning and compliance. By the end of the course, students will gain practical knowledge to prepare basic individual tax returns and engage in strategic tax planning.

Credit(s): 3

Prerequisite(s):
ACC 300 .

Outcomes
  • Identify and explain the core concepts of the federal individual income tax system, including income, deductions, and credits.
  • Analyze tax situations to determine the taxable income and liability for individuals.
  • Prepare and review individual income tax returns using standard tax forms.
  • Apply tax planning strategies to minimize tax liability while adhering to ethical and legal standards.



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