ACC 660 - Taxation of Corporations

(3 Credits)

This course is a study of tax issues surrounding the corporate entity. It emphasizes tax problems of the corporation and shareholder. It covers aspects of incorporation, financing the entity, distributions, earnings and profits, redemptions and liquidations, reorganizations, and the taxation of the corporation income. Preparation of Form 1120 will be addressed.

Prerequisite(s): Admission to the Program or ACC 644 (if student is taking as an elective) PLUS permission of instructor; ACC 650 is highly recommended