Purdue AC256 Entire Class
AC256: Federal Tax
This course introduces you to the procedures to interpret tax information on an individual federal tax basis. Basic concepts in federal income taxation are explored, including gross income, exclusions, adjusted gross income, deductions, exemptions, and credits. Introductory tax concepts, including cash and accrual methods, like-kind exchanges, and passive loss rules are covered.
Note: This entire class includes discussions, assignments, course projects, and exams
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