2023-2024 Catalog [PAST CATALOG]
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BPA 262 - Tax Accounting3 credit hours - Three hours weekly; one term. Study federal income tax law as it applies to individuals and to many aspects of business. Research and apply the law, not primarily by preparing income tax forms, but by analyzing situations and solving problems.
Prerequisite(s): BPA 202 or permission of department chair.
Note: Typically offered at MC; fall term.
Course Outcomes: Upon successful completion of this course, students will be able to:
1. Investigate the Federal Tax law as it applies to individual taxpayers.
2. Examine the basic tools for tax research.
3. Analyze and solve basic tax problems by using basic tax research tools.
4. Identify and differentiate between different types of gross income, deductions, expenses, and losses.
5. Examine acceptable tax depreciation methods and solve problems relating to depreciation.
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