ACCT 433 - Federal Taxation for Partnerships

Units: 3
Income tax rules applying to partnerships. Topics include taxation of partnership earnings, transactions between partners and the partnership, a partner’s basis in a partnership interest, distributions to the partners, ownership changes, liquidation and termination of partnership and tax planning techniques.

Prerequisites: ACCT 312 and ACCT 331, both with grade C or better.
Equivalent Quarter Course: ACCT 4221.
Possible Instructional Methods: Entirely On-ground, Entirely On-line.
Grading: A-F grading only.