AC256: Federal Income Taxes
Dr. Linda Leatherbury_____
Unit 1 Seminar
Course Description
• .
• This course introduces students to the procedures to
decipher tax information on an individual federal tax basis.
Basic concepts in federal income taxation are explored,
including gross income, exclusions, adjusted gross income,
deductions, exemptions, and credits. Introductory tax
concepts including cash and accrual methods, like-kind
exchanges, and passive loss rules are covered. Additionally,
students will familiarize themselves with a tax software
package and will explore the tax software's use in
generating a tax return.
Course Objectives
• By the end of this course, you should be able to:
• Use the IRS website and other tax-related internet sites for tax
research
• Use tax tables to calculate individual tax deductions
• Apply tax concepts to real world examples
• Analyze proposed tax legislation
• Prepare an individual Federal Tax return using a tax software
package
• General Education Outcomes: In addition, the following General
Education outcomes are assessed during this course:
• 1. Demonstrate college-level communication through the
composition of original materials in Standard American English
• 2. Apply ethical reasoning to ethical issues in tax reporting
Textbook
• Textbook Information
• Title: Prentice Hall’s Federal Taxation
Author(s): Thomas R. Pope
ISBN: 13-978-0-13-213857-4
Grading Scale
Total Points
Letter Grade
Percentage
930-1000
A
93-100%
900-929
A-
90-92%
870-899
B+
87-89%
830-869
B
83-86%
800-829
B-
80-82%
770-799
C+
77-79%
730-769
C
73-76%
700-729
C-
70-72%
670-699
D+
67-69%
600-669
D
60-66%
0-599
F
0-59%
Course Activities
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Discussion Boards
Homework Assignments
Quizzes
Final Exam
Discussion Grading Criteria
The Discussion Board Requirement:
• Students are to post a minimum of three posts
per unit. One initial response and two replies
to their classmates
• Posting on a minimum of three different days,
for example: Wednesday, Friday and Monday
• The first post must be made by Saturday.
Online Communication Guidelines
A Few Rules of Thumb
• Never post a message that is in all capital letters - it comes across to the reader as SHOUTING!
• Always practice good grammar, punctuation, and
composition. This shows that you've taken the
time to craft your response and that you respect
your classmates' work.
• Be respectful and treat everyone as you would
want to be treated yourself.
• Use spell check!
Homework Assignments
• Homework assignments are due on Tuesday at
the end of each unit.
• Excel homework templates are located in doc
sharing for your convenience.
Instructor Contact Information
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Professor Linda Leatherbury Ph.D
Email: lleatherbury@kaplan.edu
AIM Screen Name:lphdstudent
Office Hours:
Questions???