Federal income tax laws and regulations and their impact on an individual’s financial and business decisions. Problems, issues and planning associated with the Income Tax Act and concerned with the computation of taxable income and taxes payable by an individual are discussed. Precludes additional credit for BUSI 2005. Prerequisite(s): BUSI 2001 with a grade of C- or higher.Lectures three hours a week.
Federal income tax laws and regulations and their impact on an individual’s financial and business decisions. Problems, issues and planning associated with the Income Tax Act and concerned with the computation of taxable income and taxes payable by an individual are discussed. Precludes additional credit for BUSI 2005. Prerequisite(s): BUSI 2001 with a grade of C- or higher.Lectures three hours a week.