HADM 4220 - Taxation and Management Decisions

Fall, spring. 3 credits.

Enrollment limited to: 50 juniors, seniors, or graduate students. Elective.

Staff.

This course covers U.S. federal taxation of businesses and estate/gift taxation. Keys concepts include the advantages and disadvantages of the various organizational structures including corporations, partnerships, subchapter “S” corporations, sole-proprietorships, and LLCs; options available for income tax planning including depreciation, retirement plans, compensation, fringe benefits, and net operating losses; passive activity rules, including special rules pertaining to investment real estate; tax compliance and research; and the relationship of US taxation to state and foreign taxation.