ACCT 3133 INDIVIDUAL INCOME TAX
COURSE SYLLABUS
SCHOOL:
DEPARTMENT:
HOURS, CREDIT NUMBER/TITLE
INSTRUCTOR:
School of Professional Studies
Division of Business
3 Hours, 3133, Income Tax
Mrs. Dana K. Roark, (580) 327-8512
Office Number: Room 216 Jesse Dunn-Alva
Office Hours: Posted
E-Mail: dkroark@nwosu.edu
TEXTBOOK
McGraw-Hill’s Taxation of Individuals and Business Entities 2011 edition
Spilker, Ayers, Robinson, Outslay, Worsham, Barrick, Weaver
COURSE DESCRIPTION AND PREREQUISITES
Theory of individual taxation. Examination of income tax problems; federal and state tax forms; and
preparation of individual tax returns both manually and using basic tax software.
ACBSP COMPETENCIES/STANDARDS
The following ACBSP learning outcomes are addressed in this class:
ACBSP.1.A - Use correct grammar and vocabulary that is appropriate to the intended audience and is
unbiased.
ACBSP.1.C Learning Outcomes Demonstrate use of current technology in composition and in visual and
oral presentation of work to an audience.
ACBSP.2.A - Identify business problem(s) by analyzing the impact of contextual factors, the validity of
information (relevancy, sufficiency and accuracy), and the influence of assumptions.
ACBSP.2.B - Collect additional information, as needed, independently, using a variety of relevant
sources, to resolve the problem.
ACBSP.3 - Business Knowledge and Technical Skills: Graduates of business programs demonstrate
knowledge from a variety of sub-disciplines and apply the knowledge and skills to reach solutions to
business needs.
ACBSP.3.D - Incorporate appropriate forms of technology usage in all solutions proposed.
OBJECTIVES AND GOALS
CLASS GOALS
1.
Students will demonstrate knowledge of general accounting and business principles in
accounting and/or business related setting.
2.
To provide accounting majors with generally accepted accounting principles and/or
generally accepted auditing principles.
3.
To provide business administration majors with general management, marketing, and
accounting principles.
GENERAL OBJECTIVES
By the completion of ACCT 3133 Individual Income Tax, a student should be able to:
1.
2.
3.
4.
5.
6.
7.
Describe the role played by the IRS and the courts in the evolution of the Federal tax system.
Locate and work with electronic and paper tax preparation and tax research process.
Apply the rules and requirements of exemptions, standard deductions, and proper filing
status.
Use the proper method for determining the tax liability.
Differentiate between deductions for and from adjusted gross income and know the relevance
of the differentiation.
Identify tax planning opportunities for maximizing deductions and minimizing the
disallowance of deductions.
Realize the rationale, determine the amount, and be able to apply the concepts for
depreciation, ACRS, MACRS, amortization, and depletion.
PERFORMANCE ASSESSMENT
The following homework and tests will focus on the above General Objectives.
Homework: The student will be expected to read and study the chapter and have the assigned
problems completed on the due dates. The student will be expected to correct his/her own papers. THE
ONLY WAY TO LEARN THE MATERIAL IS TO COMPLETE ALL HOMEWORK. Homework,
audits or quizzes will be given for a total of 200 points
Tests: Three 100-point tests will be given. Tests will be objective and problem-type. The exams
will come from the textbook and assignments covered. Exams will be given on campus. Students will be
asked to bring their student ids for admission to the exam. Dates for exams will be given once the
semester starts.
The student must furnish scantron answer sheets which can be purchased in the bookstore. There will be
NO MAKE-UP for unexcused absences. Make-up exams are only given for unavoidable reasons and if
arrangements are made in advance at the discretion of the instructor. A grade of zero will be assigned for
a missed test.
PERFORMANCE ASSESSMENT
Chapter Exercises:
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Turn in assignments when they are due unless you make prior arrangements with the professor at
least one school day before the assignment is due. Late assignments are not accepted nor graded.
Major storms, proven emergencies or professor notification are the only exceptions.
Assignments are due on or before the scheduled due date unless prior arrangements have been
made by the student and approved by the instructor. Each assignment will be submitted by
midnight on the due date.
Assignments must be the student’s work.
Assignments shall not be copied, plagiarized, or otherwise derived from someone else’s efforts.
Copying assignments from someone else’s work will result in a zero for that assignment for all
students involved.
ADDITIONAL COURSE REQUIREMENTS
1. This course will utilize the University’s Blackboard system. Each student shall be responsible for
understanding the basic operations of Blackboard. Each student must maintain a valid NWOSU
email account. Quizzes, assignments, and announcements shall be given and received through the
Blackboard system and Connect. You may enter the Blackboard system at www.nwosu.edu. You
may also view the Blackboard Orientation Information at this site for information on how to use
Blackboard.
2. When contacting the instructor by email, it is necessary to provide the following information in
the subject line: Tax-online_(your last name)_(subject matter). Example:
Tax_online_smith_question about assignment #3
3. The instructor reserves the right to add, delete, or modify the course and its requirements, at any
time and for any reason.
EVAULATION AND GRADING
Grades will be based on a percentage of the total possible points. Semester grades are determined by
dividing the student’s accumulated points by the total possible points and applying the result to the
following table of percentages. Please keep track of your scores.
Grading Scale:
90 - 100%
80 - 89%
70 - 79%
60 - 69%
Below 60%
A
B
C
D
F
SERVICES FOR STUDENTS WITH DISABILITIES
Any student needing academic accommodations for a physical, mental or learning disability should
contact the Coordinator of Services for Students with Disabilities, or faculty member personally, within
the first two weeks of the semester so that appropriate accommodations may be arranged. The location
for ADA assistance is the Fine Arts building room 126 on the Alva Campus. The location for ADA
assistance on the Enid campus is Room 102 and the contact is Lori Coonrod. The location for ADA
assistance on the Woodward campus is the Main Office and the contact is Dr. Deena Fisher. The location
for ADA assistance at the University Center at Ponca City campus is the Main Office and the contact is
Dr. Brenda Stacy.
WEBSITES
http://connect.mcgraw-hill.com/class/d_roark_fall_2010-online
www.irs.gov