259A sec. 001 - Income Tax I (Fall 2022)
Instructor: Eric P. Rakowski (view instructor's teaching evaluations - degree students only | profile)
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Units: 4
Grading Designation: Graded
Mode of Instruction: In-Person
Meeting:
MTuW 10:00 AM - 11:10 AM
Location: 🔒 Log-in to view location
From August 22, 2022
To December 01, 2022
Course End: December 01, 2022
Class Number: 31718
Enrollment info:
Enrolled: 54
Waitlisted: 0
Enroll Limit: 120
As of: 02/17 06:39 AM
Income Tax I is an introductory class which virtually every law student should take. The federal tax rules affect almost every practice area, from family law and real estate transactions to all manner of businesses. The introductory course provides an overview of the federal income taxation of individuals. (More advanced courses focus on corporations, partnerships, international businesses and investment, and tax policy.) The course examines the values and group interests that shape the individual income tax and considers alternatives to current rules. Its chief focus, though, is on understanding what the law actually requires of individual taxpayers: what constitutes taxable income, which deductions and exclusions are available and for which reasons, who must pay tax (within family units, following divorce, and so forth), when a tax is owed if receipts span several years or precede contractual performance, and how capital gains receive preferential treatment. The course requires no familiarity with economics or accounting. No math skills are needed beyond basic arithmetic. There will be a final in-class, open-book exam.
Exam Notes: (F) In-class final exam
Exam Length: 3.5 hours
Course Category: Tax, Estates, and Trusts
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Readers:
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Books:
Required Books are in blue
- Federal Income Tax - Code & Regulations - Selected Sections, 2021-2022
Peroni
Edition: 2021
Publisher: Wolters Kluwer - CCH
ISBN: 9780808056287
e-Book Available: Yes
e-Book procurement note: https://www.cchcpelink.com/book/federal-income-tax-code-and-regulations--selected-sections-2021-2022-ebook-10024431-0009/20287/
Copyright Date: To Be Determined
Price: $108.00
Price Source: user provided - Federal Income Taxation
Bankman, Shaviro, Stark, Kleinbard
Edition: 18th ed., 2019
Publisher: Wolters Kluwer - Aspen Casebook Series
ISBN: 9781543801491
e-Book Available: Yes
e-Book procurement note: https://www.aspenpublishing.com/bankman-fedinctax18
Copyright Date: To Be Determined
Price: 285.00
Price Source: user provided - Federal Income Taxation
Chirelstein, Zelenak
Edition: 14th ed., 2018
Publisher: West Academic
ISBN: 9781640208247
e-Book Available: Yes
e-Book procurement note: https://www.westacademic.com/Chirelstein-and-Zelenaks-Federal-Income-Taxation-14th-Concepts-and-Insights-Series-9781640208247
Copyright Date: To Be Determined
Price: 52.00
Price Source: user provided