Recent SemestersSpring 2027Class SizeNot publishedCredits3PrerequisiteACCTG 001 with a grade of "C" or better. The student in this course will be provided with a basic understanding of the fed- eral income tax laws applicable to individuals as well as practice using the laws to analyze typical fact patterns. The student will comprehend the presentation or dis- closure in Form 1040 of the results of their analysis of various fact patterns and be able to consider tax-planning opportunities that may exist prior to the completion of a transaction. The student will also be introduced to procedural aspects of deal- Transfers ToCSUDescriptionPrerequisite: ACCTG 001 with a grade of "C" or better. The student in this course will be provided with a basic understanding of the fed- eral income tax laws applicable to individuals as well as practice using the laws to analyze typical fact patterns. The student will comprehend the presentation or dis- closure in Form 1040 of the results of their analysis of various fact patterns and be able to consider tax-planning opportunities that may exist prior to the completion of a transaction. The student will also be introduced to procedural aspects of deal- ing with the IRS (correspondence, audits, appeals, etc.). 