Description:
This accessible casebook combines a strong problems approach with a sufficient level of policy considerations to provide a coherent structure for understanding the law.
Designed to facilitate teaching and learning, Basic Federal Incom Taxation
uses text, tightly-edited cases, and problems to drive the exploration of the field
covers all the major topics of basic Federal Income Taxation in a concise presentation
offers an outstanding group of problems brief ones to test understanding and more in-depth ones to engage
deftly integrates policy issues and tax procedure to enlighten, instead of overwhelming is organized for readability, each major heading is followed by references to the associated Code and regulations
facilitates case analysis through explanatory text that introduces the factual context for most cases, as well as notes after the cases
supplies basic background on financial theory, such as discounting, cash flows, and internal rates of return and original issue discount
includes a glossary of terms at the end of the book The casebook prepares for practice by:
discussing the rules of practice before the IRS offering practical advice regarding the appropriate level of aggressiveness when representing a taxpayer
presenting examples of primary tax forms filed by individuals
providing selected examples from different countries to awaken interest in comparative law
