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Dec 21, 2024
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ACC 125 - Federal/State Income Tax
Offered WI
Lecture‐2 Lab‐2
3 credit hrs/4 contact hrs
Fundamentals of income exclusions; deductions, allowable and not allowable; types of returns to be filed based on individual expenses, etc.; reporting methods of business income, net operating loss, carry forward and carry back, self‐employment tax, investment credit. Capital gains and losses, disposition of business assets, installment sales, and other specialized subjects.
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