Concepts in Federal Taxation 1998

In Concepts of Federal Taxation, authors Murphy and Higgins take a more conceptual, less technical approach to federal taxation. The conceptual approach presents taxation as a small number of unifying concepts - overriding principals that apply to all specific tax rules and regulations. These concepts define tax! Therefore, by knowing the underlying concepts that shape tax law, students can understand the wide range of tax rules and regulations without having to commit every one to memory!