You are here: Home > MBA Courses

Federal Tax Planning

Federal Tax Planning

Introduces the concepts of gross income recognition, deductions, tax credits, and the income tax effects of property transactions, with emphasis on managerial decision- making and planning. These concepts are incorporated into discussion of alternative forms of business organization and the tax implications of each.

For any first course in Federal Taxation at the undergraduate or MBA level.

The Pope/Anderson/Kramer series is unsurpassed in blending the technical content of the most recent federal taxation mandates with the highest level of readability and relevancy for students.

Contents

Chapter 1:  An Introduction to Taxation

Chapter 2:  Determination of Tax

Chapter 3:  Gross Income: Inclusions

Chapter 4:  Gross Income: Exclusions

Chapter 5:  Property Transaction: Capital Gains and Losses

Chapter 6:  Deductions and Losses

Chapter 7:  Itemized Deductions

Chapter 8:   Losses and Bad Debts

Chapter 9:  Employee Expenses and Deferred Compensation

Chapter 10:  Depreciation, Cost Recovery, Amortization, and Depletion

Chapter 11:  Accounting Periods and Methods

Chapter 12:  Property Transactions: Nontaxable Exchanges

Chapter 13:  Property Transactions: Section 1231 and Recapture

Chapter 14:  Special Tax Computation Methods, Tax Credits, and Payments of Tax

Chapter 15:  Tax Research

Chapter 16:  Corporations

Chapter 17:  Partnerships and S Corporations

Chapter 18:  Taxes and Investment Planning

Features

For any first course in Federal Taxation at the undergraduate or MBA level.

The Pope/Anderson/Kramer series is unsurpassed in blending the technical content of the most recent federal taxation mandates with the highest level of readability and relevancy for students.

The Latest Mandates in Federal Taxation

NEW! The partnership and S corporation comprehensive tax returns are new to the 2010 edition.

NEW! TaxACT 2008 Software Packaged with the Text for a Nominal Price. This user-friendly tax preparation program includes more than 80 tax forms, schedules, and worksheets. TaxACT calculates, returns, and alerts the user to possible errors or entries.

Commitment to Currency–The annual Pope/Anderson/Kramer series texts publish in April of each year, bringing you and your students the most recent updates in taxation. In addition to updating the annual editions, the authors will also respond to important changes in the tax law in between editions if necessary.

FAS 109 – Issued by the Financial Accounting Standards Board, this document dictates how firms should account for income taxes in the financial statements of a business. The increased scrutiny of the tax provision in financial statements compels tax and auditing professionals to have a strong working knowledge of this area. To help meet this need, the textbook includes a Financial Statement Implications section at the end of relevant chapters.

·  General Coverage, (Chapter 3)

·  Implications of Specific Transactions, (Chapter 2, 5, 7, 8, 16)

·  Tax Return and Financial Accounting Exercise (Chapter 3)

Federal Taxation Made Easy

Unique Margin Notes, which are unmatched in any other tax book, act as an internal study guide to provide additional assistance for students and help them master the concepts of federal taxation.

·  Additional Comment

·  Key Points

·  Real-World Examples

·  Typical Misconceptions

·  Ethical Points

·  Self-Study Questions and Answers

·  Book-to-Tax Accounting Comparisons

·  Historical Notes

·  Tax Strategy Tips

Development of Critical Thinking Skills

“What Would You Do in This Situation?” boxes place students in a decision-making role to analyze the different sides of various issues. The boxes include many current controversies that are as yet unresolved or are currently being considered by the courts.

Stop and Think boxes are “speed bumps” that encourage students to pause and apply what they have just learned. Solutions for each issue are provided in the box.