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SYLLABUS FOR ACCOUNTING 406: ADVANCED TAXATION
Tuesday & Thursday 10:00 – 11:50 p.m.
COB 109
Winter Quarter 2014-2015
Instructor:
Dr. Ted D. Englebrecht, Smolinski Eminent Scholar Chair
Office Location:
COB Room 325b
Address:
School of Accountancy
College of Business
Louisiana Tech University
Ruston, LA 71272
Office Phone:
257-3552
Fax Number:
251-0546 (Home)
E-mail Address:
Tenglebr@latech.edu
Office Hours:
Tuesday – 7:50 – 9:50 a.m. & 1:00- 2:00 p.m.
Wednesday – 8:00 – 12:00 a.m. & 1:00 – 3:00 p.m.
Thursday – 8:30 – 9:30 a.m.
Required Textbook: CCH Federal Taxation – Comprehensive topics
2015 Edition
COURSE PREQ.: Accounting 307 with at least a “C” grade.
COURSE OBJECTIVES: This course is designed to continue the accounting major’s
introduction to the federal tax law. It will primarily cover topics other than those applicable to
taxation of individuals. This will include taxation of regular C corporations, S corporations,
partnerships, estates, gifts, and trusts. This course will not make you a tax expert; however, these
basic concepts will provide a foundation for further study or tax practice. Finally, as a side
benefit of the course, the material covered will help you prepare for some of the tax questions
found on the CPA examination.
COURSE PROCEDURE: The attached tentative course schedule shows the material to be
covered in each class meeting. You will be expected to prepare for class by reading the textbook
as indicated and working the problems before coming to class. Classes will be a combination of
lectures and problems solving sessions. Student participation will be emphasized.
TAX RETURN PREPARATION: Students will be required to complete several tax return
projects. Information on these projects will be announced during the quarter.
TAX RESEARCH: You will be required to perform tax research utilizing RIA, CCH, and Lexis
Online Systems and the internet. Problems will be assigned and projects requiring detailed tax
analysis.
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EXAMS: Exams can consist of problems, true – false, essay questions, multiple choice
questions, and matching.
COURSE GRADING:
Grades ACCT 406 are computed on the following basis:
Three tests including the final exam
Class participation (5 pts.) & Research Projects (5 pts.)
TOTAL
90 points
10 points
100 points
Grades are assigned according to the following ranges:
A is 90
B is 80
C is 70
D is 60
F is below
100 points
89 points
79 points
69 points
60 points
Grades for Graduate Credit are computed on the following basis:
Three tests
75 points
Research Paper (15 pages)
15 points
Class Participation (5 pts.) & Research Projects (5 pts.)
10 points
TOTAL
100 points
POLICY ON MISSING EXAMS: A score of zero will be assigned to anyone absent from a
scheduled exam unless prior approval has been granted by the instructor. In those rare instances
where prior approval is granted, a makeup exam will be required and scheduled at the
Professor’s discretion.
Assignments will be made by the Professor for each class meeting. In addition, reading lists will
be handed out periodically for required topics. See Tentative Schedule of Assignments for the
primary class agenda. Also, the honor code of the University will be strictly adhered to in this
course.
CAMPUS EMERGENCY: All Louisiana Tech students are strongly encouraged to enroll and
update their contact information in the Emergency Notification System (ENS) to ensure you are
able to receive important text and voice alerts in the event of a campus emergency
(http://www.latech.edu/administration/ens.shtml).
In case of a campus emergency, you must login to http://www.latech.edu within 24 hours of the
emergency for campus updates. In case of a campus closure, you must sign on to Moodle within
36 hours to contact the instructor regarding course materials and assignments. It is anticipated
that in this situation, an additional research paper or an expanded paper assignment will be used
to take the place of missed faculty presentations, depending on the number of presentations
missed.
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WRITTEN COMMUNICATIONS: At least 10% of your grade will be determined form
written communication. This may be in the form of essay questions on exams, research projects,
and/or homework assignments.
TENTATIVE SCHEDULE
Date
Topics
Assignment
12/4
Introduction to Tax Research
Chapters 1 & 2
Problems to be assigned
Chapter 22
Chapter 22 & Problems
Chapter 22 – Research Problem
Assigned and Comprehensive
Problem
Chapter 22
Chapter 22
12/9
Tax Research & Assignment
12/11 &16 Estate Tax
12/18
1/6
1/8
1/13 & 15
Research Assignment
Research Problems
1st Test
Fiduciary Taxation
1/20 & 22 Fiduciary Taxation
1/27
S. Corps
1/29 & 2/3 S. Corps.
2/5
2nd Test
2/10
Partnerships
2/12
Partnerships
2/19 & 24 C Corps. & Research Projects
2/26
Third test on C Corps. & Partnerships
3/3
Graduate Students Paper
Chapter 23
Chapter 23 & assigned problems
Chapter 23 Problems
Chapter 21 & Problems
Chapter 21 & Problems
Chapter 19 & Problems
Chapter 19 & Problems
Chapter 14 & Problems
Chapters 19 & 14
*Mardi holiday begins after classes on 3/13/15 and classes resume on 3/19/18 at 8:00
a.m.
Attendance is required at all class meeting dates. Only medical or extraordinary circumstances
will be accepted in lieu of a zero for the missed class meeting.
Computerized tax research will be incorporated into the course. In this endeavor, each student
will be required to complete several research projects using RIA Online System, CCH Network
Research Site, and Lexis Research Site.
CELL PHONES: Please turn your cell phone off or put in a silent mode during class. Cell
phones may not be used as a calculator for quizzes or exams. ALL PHONES MUST REMAIN
IN YOUR BOOK BAG, POCKET OR PURSE AT ALL TIMES. On Test days, everything
except pencils, calculators and the test must be placed in front of the room on the day of the test.,
e.g., book bags, phones, caps, etc.
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STUDENT ASSISTANCE: For students with disabilities, this course adheres to the Student
Disability Act. Please advise your instructor on what accommodations that you will need, and
the phone number for the center on campus that is assisting you with your disability.
Test grades: Students’ test grades will be posted to Moodle during the quarter. However, the
final grades are on the Boss System.
MISSIONS
Be aware of the “COLLEGE OF BUSINESS MISSION” and the “SCHOOL OF
ACCOUNTING MISSION STATEMENT”. These statements will be reviewed periodically
during the quarter via PowerPoints