COURSE DESCRIPTION
Intensive study of the federal income tax treatment of business corporations and partnerships, with particular attention to tax planning by these businesses and their owners. Prereq: 3200 and Tax I (eg
AMIS 3400) or equivalent.
MATERIALS
Required Hoffman, Raabe, Smith, Maloney, 2013 ed, SouthWestern Federal Taxation:
Corporations, Partnerships ISBN 9781133495505
Recommended Supplement for the text: Study Guide ISBN 9781133495512
Reference Primary law sources, internet sites, and commercial research material, located in electronic formats on the OSU library site.
This course is designed to acquaint the student with the workings and concepts of the federal tax law, especially as it pertains to business entities, and to discuss the workings of a tax practice.
OBJECTIVES
Students are assumed to be interested in becoming business advisors, with an emphasis on financial and accounting subject matters. Previous tax education is assumed to entail only one previous course, focused on individual taxation. The course will not turn the student into a “tax expert,” nor is it designed to prepare one for the taking of professional examinations. The concepts and work habits acquired, though, will form a solid foundation for further study and practice.

PROCEDURES
GRADES
ASSIGNMENTS
Assignments are detailed below. The course is conducted in a discussion format, with lecture time extremely limited. You must do the assigned material before the first day on which the chapter is discussed, and then be ready to apply the material in various taxpayer fact settings.
Graded assignments are each worth 5 course points. Regular class attendance will improve your chances of meeting the course objectives.
OSU’s policies as to academic integrity are incorporated herein by reference.
ACADEMIC MISCONDUCT
Academic misconduct will not be tolerated. According to University Rule 3335-31-02, all suspected cases of academic misconduct will be reported to the Committee on Academic Misconduct.
DISABILITY SERVICES
The Office of Disability Services verifies students with specific disabilities and develops strategies to meet the needs of those students. Students requiring accommodations based on identified disabilities should contact the instructor at the beginning of the quarter to discuss his or her individual needs. All students with a specific disability are encouraged to contact the Office of Disability Services to explore the potential accommodations available to them.
Students will submit assignments as they are completed during class time. Cumulative scores are posted by a student-selected code.
The grading scale for the course is likely to be as follows. Pluses and minuses may be used as well.
90A, 80B, 70C, 60D
The course schedule is as follows.

1/7,9,11
1, Understanding the Tax Law
Slides Follow-Up
1 graded assignment
1/14,16,18,23 2, Corporate Operations
1/25,28 3, Corporate AMT (only pp 16-26,31)
1/30,2/1,4,6 4, Corporate Formations
2/8,11,13,15 5, Corporate Distributions
2/18,20,25 14, Taxes on the Financial Statements
Slides Follow-Up
Slides Follow-Up
Slides Follow-Up
Slides Follow-Up
Slides Follow-Up
3 graded assignments
1 graded assignment
3 graded assignments
3 graded assignments
1 graded assignment
2/27,3/1,4,6,8 10, Partnerships Slides Follow-Up
3/18,20,22
3/25,27,29
11, Partnership Distributions (only pp 1-
14,21-28,32-40)
12, S Corporations
Slides Follow-Up
Slides Follow-Up
4/1,3,5 13, Comparative Business Forms Slides Follow-Up
2 graded assignments
1 graded assignment
2 graded assignments
2 graded assignments

4/8,10,12
4/15,19,22
15, Exempt Entities
17, Tax Administration and Ethics
Slides Follow-Up
Slides Follow-Up
2 graded assignments
1 graded assignment
12/10 Final Exam
WILLIAM A RAABE, PhD, CPA , graduated from the University of Illinois. Bill has taught at OSU since January 2003. He was the
Wisconsin Distinguished Professor of Taxation at the University of Wisconsin-Milwaukee, and Capital University's (OH) only Distinguished
Professor. Bill also has taught at Arizona State University and Samford University (AL). He has been active in the tax education functions of the major accounting firms, and he created nationally marketed software for estate and gift planners.
His scholarly articles appear in journals for both academics and tax advisors. His books include undergraduate and graduate texts, as well as several professional reference works. Bill has testified as to tax matters before legislative committees in two different states, and in the courtroom as an expert witness. He is an advisor to the OSU team in the Deloitte Tax Case Competition and the PricewaterhouseCoopers
Tax Policy Case Competition (“xTax”), and he coordinates the Fisher/OSU Tax Clinic.
Office hours
Contacts
Dr Raabe’s Web Site
Other Contacts
MW 11:30 – 12:30 pm and by appointment raabe.12@osu.edu 430 Fisher Hall 292.4023 http://fisher.osu.edu/~raabe_12
Twitter
YouTube https://twitter.com/BillRaabeTax http://www.youtube.com/BillRaabeTax
(c) 2013, WmARaabe