Fall 2014
    Law No.: LAW6106
    Sched. No.: 114821040

Federal Income Tax
Section 2
X
Hayashi, Andrew T.



Administrative Information:
During SIS enrollment, check on SIS for real-time enrollment numbers
Days, Times (Room):TRF, 0830-0950 (SL258)
Credits:4Type:Lecture
Capacity:64 **This information is current as of 10/31/2014 06:14:16 AM**
Current Enrollment:62 **This information is current as of 10/31/2014 06:14:16 AM**

Course Description:

This course is an introduction to the federal income tax. It will concentrate on the provisions that apply to all taxpayers, with particular attention paid to the taxation of individuals. The course is designed to provide grounding in such fundamental areas as the concept of income, income exclusions and exemptions, non-business deductions, deductions for business expenses, basic tax accounting, assignment of income, and capital gains and losses. Further particular attention will be paid to the significance of the income tax in government and business, and to policy issues arising from the incentive and distributional effects of tax law. Because of the importance of the federal income tax, and the role of lawyers in the tax system, it is recommended that every student take the basic course at some time during his or her law school career. The course is a prerequisite to all further tax courses including Corporate Tax, Partnership Taxation, and International Taxation.

COURSE REQUIREMENT: Examination