5267 Tax Accounting - LEIGHTMAN/WOODRUFF- 23083
Daniel Leightman (ADJUNCT)
John Woodruff (ADJUNCT)
Course Areas: Taxation
Business and Commercial Law
Time: 5:30p-7:30p WLocation: 215 TUII
Course Outline: Study of methods of accounting in the context of Federal tax laws including cash, accrual, installment methods, inventory taxation and time value of money concepts. The course will focus on the appropriate taxable year for including items of income, gain, loss and expense. The course will cover cash, accrual, installment and inventory methods as well as time value of money rules. The course will cover various judicial doctrines of taxation including the tax benefit rule, claim of right doctrine, economic benefit doctrine and constructive receipt concepts. Through the case method, students will learn the application of the principles of taxation in the context of tax planning. The reasoning and methodology utilized in the course will provide a sound basis for the study and analysis advanced tax topics in subsequent courses.
Course Syllabus: Syllabus
Course Notes: This is an LL.M class, and JD students may register, if space is available.
Prerequisites: Yes Federal Income Tax (Law 5359 or Law 5459)
First Day Assignments:
Final Exam Schedule: 05/06/15 6-8pm
This course will have:
Satisfies Skills Course Requirement: No
Satisfies Senior Upper Level Writing Requirement: No
Course Materials (11/10/2014 9:02:55 AM)
Recommended book is listed on course syllabus.