Income Taxation I - Course Syllabus

ACC 415/515 – Winter 2016 (3 credit hours) - DAY

Income Taxation I - Course Syllabus [Read Carefully]

Course Ref. # 10999 (515 – 12332); M,W; 1:20-2:37pm; 210 EH  

Associate Professor: James Serocki

Oakland University: School of Business Administration

Department of Accounting & Finance

Office: 417 Elliott Hall

Email: serocki@oakland.edu (the most reliable means of communicating with me is, by sending me an email message, meeting me before or after class, or scheduling an appointment).         USE ONLY YOUR OAKLAND.EDU EMAIL ADDRESS WHEN SENDING ME AN EMAIL MESSAGE OR ANY ASSIGNMENT.

Prerequisites:        ACC 210 (with at least a 2.0); Students who register for this course without having satisfied the course prerequisites will be subject to withdrawal under University rules.

Required Text/references:

South-Western Federal Taxation 2015: Individual Income Taxes (with H&R Block @ Home™ CD-ROM & RIA Checkpoint® 6-month Printed Access Card), 38th Edition; William Hoffman; James E. Smith (Bundle with CengageNow printed access code.- 9781305250338)
ISBN: #9781305250338  - It is the bundle of book, CD and CengageNow access code [E-TWQNYQ2PWYFU7 – see Moodle course page to register].

Michigan Individual Income Tax forms and Instructions

(Note: any required references to the Federal Code and Regulations can be found on RIA Checkpoint).

         - RIA Checkpoint on-line tax research service – see SBA course page (Student Resources) for registration; Checkpoint online training to be completed by the student.

Course Page:         see Moodle course page (check frequently for updates)

Recommended (Optional) Materials:

-The textbook’s website, academic.cengage.com/taxation/swft, online learning resources, tax updates and forms, interactive quizzes and tax tips (included with new book purchase).

- Public tax reference materials e.g. irs.gov.

Summary of the Course:

Focus on federal income taxation of individuals, general tax concepts and property transactions with an introduction to flow-through and taxed business entities. Although this is an introductory course, there is a significant amount of tax topics and material covered under this course requiring a significant time commitment. The focus will be on key topical areas in chapter material assigned. Key topics shown on assignments page below. Students should come to class prepared, by reading the chapter(s) and doing the problems, assigned for the class date.