BU 7572 - Taxation of S Corps., Partnerships, & Limited Liability Cos.

Credits: 3

Description Students will analyze the income tax implications of doing business as a pass-through entity and selecting the appropriate business entity in differing circumstances. The laws and regulations dealing with the formation, operation, and termination of S Corporations, Partnerships, and Limited Liability Companies will be studied. Specific topics discussed include capital account maintenance distributions, double taxation, and depreciation.

Prerequisites: BU 7570 or equivalent.

When Offered
Offered once a year.