FIN-423 Introduction to Income Tax Planning

This course incorporates a unique case situation to learn the income tax system for individuals, trusts, estates, and business entities. The student will review income tax law fundamentals and calculations, tax compliance, income taxation of trusts and estates, basis, tax reduction management techniques, and charitable contribution rules to develop sound tax plans for clients. Additional topics include the Alternate Minimum Tax, passive activity, at-risk rules, business entity selection and the tax implications of special circumstances. Throughout this course students apply biblical principles to income tax planning.

Credits

3