ACCT 8120 Advanced Federal Taxation
Credit Hours 3.0
Prerequisites ACCT 4510 or ACCT 8040, with a Requiremenminimum grade of C-
Requirements CSP: 1, 2, 6, 7

Same as TX 8020.
Students may not receive credit for both TX 8020 and ACCT 8120. This course provides an in depth study of the federal tax law applicable to sole proprietorships, partnerships, corporations, estates, and trusts. In addition, this course introduces students to topics such as the alternative minimum tax, international tax, state and local tax, employee compensation, related party transactions, and tax exempt entities. Some time also is devoted to tax planning, ethical practices, taxation of crossborder business transactions, and tax research.