Test Bank For South-Western Federal Taxation 2023 Essentials of Taxation Individuals and Business Entities, 26th Edition by Annette Nellen

Description

Table of Contents

PART I: THE WORLD OF TAXATION.

1. Introduction to Taxation.

2. Working with the Tax Law.

3. Taxes in the Financial Statements.

Part II: STRUCTURE OF THE FEDERAL INCOME TAX.

4. Gross Income.

5. Business Deductions.

6. Losses and Loss Limitations.

PART III: PROPERTY TRANSACTIONS.

7. Property Transactions: Basis, Gain and Loss, and Nontaxable Exchanges.

8. Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions.

PART IV: TAXATION OF INDIVIDUALS.

9. Individuals as Taxpayers.

10. Individuals: Income, Deductions, and Credits.

11. Individuals as Employees and Proprietors.

PART V: BUSINESS ENTITIES.

12. Corporations: Organization, Capital Structure, and Operating Rules.

13. Corporations: Earnings & Profits and Distributions.

14. Partnerships and Limited Liability Entities.

15. S Corporations.

PART VI: CORPORATIONS.

16. Multijurisdictional Taxation.

17. Business Tax Credits and the Alternative Minimum Tax.

18. Comparative Forms of Doing Business.

APPENDICES.

Appendix A: Tax Formulas, Tax Rate Schedules, and Tables.

Appendix B: Tax Forms.

Appendix C: Glossary.

Appendix D: Table of Code Sections Cited.

Appendix E: Present Value and Future Value Tables.

Index.