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ACCT616 - Advanced Federal Taxation

Course Details

Course Code: ACCT616 Course ID: 4373 Credit Hours: 3 Level: Graduate

This course is a continuation of ACCT615 Individual Tax Research and Planning for students with an interest in continuing their study of Federal Taxation. The course will consider tax reporting issues for regular C Corporations, S Corporations, and Partnerships. A brief introduction to International Tax transactions and Federal Estate and Gift Taxes is included. Students must have access to Microsoft Word and Microsoft Excel software. (Prerequisite: ACCT615)





Prerequisites

Course Schedule

Registration Dates Course Dates Session Weeks
12/31/18 - 05/31/19 06/03/19 - 07/28/19 Spring 2019 Session D 8 Week session
02/25/19 - 08/02/19 08/05/19 - 09/29/19 Summer 2019 Session I 8 Week session
04/29/19 - 10/04/19 10/07/19 - 12/01/19 Fall 2019 Session B 8 Week session

Current Syllabi

After successfully completing this course, you will be able to:

CO1. Analyze tax situations faced by corporations and the role of capital structure in tax planning.

CO2. Assess the impact of earnings, profits, dividends, and liquidations on organizational tax liability.

CO3. Evaluate the tax implications of financial reporting, corporate restructuring, and reorganizations.

CO4. Summarize the forms of entity formation, taxation and termination including corporations, partnerships, and sole proprietorships.

CO5. Appraise the key requirements in filing consolidated corporate tax returns.

CO6. Compare the advantages and disadvantages of forming an S Corporation.

Method of Assessment

A. Tests & Paper

There will be two (2) tests in the course, a midterm and a final given in modules four and eight respectively. The tests in this class will consist of multiple choice questions and/or short answer problems. Tests will be three hours long and focus on the material covered in the course. Tests may be administered using the Examity test proctoring service. Please verify in the course announcements and/or the Lessons tab if the course will use test proctoring. It is the student’s responsibility to notify the instructor and the test proctoring service regarding any schedule changes or non- disability related accommodations. The course will have a comprehensive paper that will measure student understanding of the course objectives along with research and writing skills. Please refer to the APA Manual 6th edition for the format of the paper.

B. Assignments:

Course assignments will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.). These assignments will be a series of quizzes consisting of exercises, problems, and simulations. Assignments will have a specific due date with specific instructions. Late assignments will be subject to the university’s Late Work/Make-up Policy detailed in the student handbook. Please be advised the instructor reserves the right to implement their own late assignment policy.

C. Homework:

Throughout the term, homework will be given in several modules to test student understanding of the material. Homework will be given using multimedia software (e.g. MyLabsPlus, Connect, etc.) and consist of questions, problems, or simulations. Please be advised the instructor reserves the right to implement their own late assignment policy.

D. Discussion Forums:

Participation in the discussion forums is an essential component of the final grade. All students are expected to engage in lively discussions and answer instructor follow-up questions. The quality of participations along with student netiquette will be a part of the grade.

Assessment of the Course Objectives

Course Objectives

Assessment Methods

1 - 6

Test question, paper, assignment, discussion, and homework

The following distribution will be used in assigning grades (decimal points will be rounded to the nearest whole number at semester’s end).

Grade

Quality Points/Grading Percent

A

4.0/ 100 – 94

A-

3.67/ 93 – 90

B+

3.33/ 89 – 87

B

3.0/ 86 – 84

B-

2.67/ 83 –80

C

2.33/ 79 – 75

F

0.0/ 74 – 0

NameGrade %
Homeworks 20.00 %
Chapter 15 Pre-Built Problems 2.50 %
Chapter 16 Pre-Built Problems 2.50 %
Chapter 17 Pre-Built Problems 2.50 %
Chapter 18 Pre-Built Problems 2.50 %
Chapter 19 Pre-Built Problems 2.50 %
Chapter 20 Pre-Built Problems 2.50 %
Chapter 21 Pre-Built Problems 2.50 %
Chapter 22 Pre-Built Problems 2.50 %
Discussion Forum 10.00 %
Week 1 Forum 1.25 %
Week 2 Forum 1.25 %
Week 3 Forum 1.25 %
Week 4 Forum 1.25 %
Week 5 Forum 1.25 %
Week 6 Forum 1.25 %
Week 7 Forum 1.25 %
Week 8 Forum 1.25 %
Assignments 30.00 %
Chapter 15 Quiz 3.75 %
Chapter 16 Quiz 3.75 %
Week 3 Assignment 3.75 %
Chapter 18 Quiz 3.75 %
Chapter 19 Quiz 3.75 %
Chapter 20 Quiz 3.75 %
Chapter 21 Quiz 3.75 %
Chapter 22 Quiz 3.75 %
Final Assessment 10.00 %
Week 8 Paper 10.00 %
Tests 30.00 %
Midterm 15.00 %
Final 15.00 %

Websites and Videos

In addition to the required course texts, the following public domain Websites are useful. Please abide by the university’s academic honesty policy when using Internet sources. Note website addresses are subject to change.

  • Textbook Companion Website
  • IRS
  • AICPA
  • FASB
  • American Psychological Association (APA) Style Website
  • Purdue Online Writing Lab
  • Turnitin Website
Book Title:McGraw Hill's Taxation Individuals & Business Entities, 2019 w/ Connect, 10th ed- If you prefer the e-book format, you can purchase Connect access through the classroom once your session begins, and with that you will receive digital access to the text
ISBN:9781260259971
Publication Info:McGraw Hill
Author:Brian Spilker
Unit Cost:$339.89
Book Title:Students are required to authenticate themselves with a proctor service for certain assessments in this course. Authentication requires access to a computer with a webcam, microphone, and speakers or headset. Instructions provided i
Publication Info:Examity

Previous Syllabi

Not current for future courses.