Federal Income Taxation

SLN #: 14654
Course Prefix: LAW-606
Course Section: 001
Credit Hours: 4
Instructor(s): Grewal
Course Books: View List of Books

Course Description:
The Federal income tax touches virtually every aspect of modern life. Practicing lawyers, regardless of their area of expertise, will benefit from a basic understanding of the structure and vocabulary of the tax code as well as the interplay of statute, administrative pronouncements and case law. This course introduces students to key concepts and issues in individual federal taxation such as what is income, capital recovery and the treatment of capital gains. Through the use of the problem method, the course develops the critical skills necessary to read and analyze any statutory language. No special background in accounting, economics, etc., is required. Problems will involve nothing more complicated than basic addition, subtraction, multiplication, and division. Any calculations required are merely ancillary to illustrating how the rules work. This is a course about determining the meaning of statutory language, not about math.

Additional Information:
Credit Hours: 4
Grading Option: Numeric Grade and ONE-Time Pass Option is Available, or Letter Grade Only
Graduation Writing Requirement: No
Flexible/Upper-Level Writing Requirement: No
Skills Requirement: No
Simulation Course: No
Experiential Learning: No
Seminar: No
Prerequisite: None
Special Withdrawal Course: No
Final Exam Given: Yes
Final Exam Type: In-Class - Completely Secure
Mid Term Or Other Exam: Mid-Term Exam
Participation Points: Professor may add or subtract up to 2 points for classroom participation.
Attendance Policy: Per Statement Of Student Policies
Additional Attendance Policy: Required

* The law school has a policy that is used to calculate credit hours. Please see the Statement of Student Policies.