McGraw-Hill's Taxation of Individuals 2017 Edition, 8e
Publication Date 8 Apr 2016
OverviewMcGraw-Hillâ€™s Taxation of Individuals is organized to emphasizetopics that are most important to undergraduates takingtheir first tax course. The first three chapters provide an introductionto taxation and then carefully guide students throughtax research and tax planning. Part II discusses the fundamentalelements of individual income tax starting with thetax formula in Chapter 4 and then proceeding to more depthon individual topics in Chapters 5â€“7. Part III then discussestax issues associated with business and investment activities.On the business side it addresses business income and deductionsaccounting methods and tax consequences associatedwith purchasing assets and property dispositions (salestrades or other dispositions). For investments it covers portfoliotypeinvestments such as stocks and bonds and businessinvestments including loss limitations associated with theseinvestments. Part IV is unique among tax textbooks; this sectioncombines related tax issues for compensation retirementsavings and home ownership.