12/27/2024 10:55:52 AM	BAD 59 Course Outline as of Summer 2010	Changed Course
CATALOG INFORMATION
Discipline and Nbr:  BAD 59	Title:  FEDERAL INCOME TAX LAW
Full Title:  Federal Income Tax Law
Last Reviewed:4/11/2022

Units		Course Hours per Week			Nbr of Weeks	Course Hours Total
Maximum	3.00	Lecture Scheduled	3.00		17.5 max.	Lecture Scheduled	52.50
Minimum	3.00	Lab Scheduled	0		6 min.	Lab Scheduled	0
		Contact DHR	0			Contact DHR	0
		Contact Total	3.00			Contact Total	52.50
		Non-contact DHR	0			Non-contact DHR Total	0

Total Out of Class Hours:  105.00

Total Student Learning Hours: 157.50

Title 5 Category:  AA Degree Applicable
Grading:  Grade or P/NP
Repeatability:  00 - Two Repeats if Grade was D, F, NC, or NP
Also Listed As: 
Formerly: 

Catalog Description:

Current Federal Revenue Act as applied to individuals. Includes filing of returns, income items and adjustments, itemized deductions, capital, and other gains and losses.

Prerequisites/Corequisites:
Course Completion of BAD 1 OR Course Completion of BBK 51

Recommended Preparation:

Limits on Enrollment:

Schedule of Classes Information
Description:

Current Federal Revenue Act as applied to individuals. Includes filing of returns, income items and adjustments, itemized deductions, capital, and other gains and losses.

(Grade or P/NP)
Prerequisites:Course Completion of BAD 1 OR Course Completion of BBK 51
Recommended:
Limits on Enrollment:
Transfer Credit:CSU;
Repeatability:00 - Two Repeats if Grade was D, F, NC, or NP

ARTICULATION, MAJOR, and CERTIFICATION INFORMATION

Associate Degree:		Effective:		Inactive:
Area:
CSU GE:	Transfer Area			Effective:	Inactive:
IGETC:	Transfer Area			Effective:	Inactive:
CSU Transfer:	Transferable	Effective:	Fall 1981	Inactive:
UC Transfer:		Effective:		Inactive:
C-ID:

Certificate/Major Applicable: Certificate Applicable Course

COURSE CONTENT

Outcomes and Objectives:
At the conclusion of this course, the student should be able to:

Upon completion of the course, students will be able to:

1.  Analyze and apply Internal Revenue Code to variety of tax situations.

2.  Demonstrate an understanding of current and historical tax concepts in America.

3.  Demonstrate an understanding of the various operations of the IRS [Internal Revenue Service].

4.  Apply appropriate federal tax code in various situations.

5.  Prepare personal tax returns using tax rules, tax research sources, and tax forms.

Topics and Scope

1.  History and rationale of the Internal Revenue Code

2.  Overview of basic tax concepts, legal and accounting concepts

3.  General and specific meanings of gross income

4.  Deduction categories

5.  Accounting for gains and losses

     A. Special treatment accorded capital assets

     B. Tax-free exchanges

6.  Methods of reporting income and deductions

     A. Cash basis

     B. Accrual basis

     C. Installment method

7.  Requirement for filing a return, rates of tax, computation systems

Assignments:

1.  Textbook reading of approximately 20 to 30 pages

2.  Sample tax problems

3.  Written reports

4.  4 to 6 quizzes, mid-term, and a final exam

Methods of Evaluation/Basis of Grade.

Writing: Assessment tools that demonstrate writing skill and/or require students to select, organize and explain ideas in writing.		Writing 40 - 50%
Written analyses, summaries, and reports
Problem solving: Assessment tools, other than exams, that demonstrate competence in computational or non-computational problem solving skills.		Problem Solving 5 - 10%
Tax computation problems
Skill Demonstrations: All skill-based and physical demonstrations used for assessment purposes including skill performance exams.		Skill Demonstrations 0 - 0%
None
Exams: All forms of formal testing, other than skill performance exams.		Exams 40 - 50%
Multiple choice, true/false, short answer
Other: Includes any assessment tools that do not logically fit into the above categories.		Other Category 0 - 0%
None

Representative Textbooks and Materials:

Individual Income Taxes, by Hoffman, Smith and Willis; West/SouthwesternPublishing, current edition (annual)

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