Murphy and Higgins take a more conceptual, less technical approach to federal taxation. The conceptual approach emphasizes aspects of the tax system that remain stable over time and focuses on the tax treatment of transactions that are common to all entities.
You learn the unifying concepts behind the Internal Revenue Code rather than memorizing details of the Code. Concepts and applications throughout this edition appear in brief, comprehensible segments that are ideal for your CPA Exam review.
You examine the latest tax laws and most recent code changes in segments that are ideal for C.P.A. Exam review. This edition also reinforces tax concepts using the Internal Revenue Code to prepare you for C.P.A. Exam tax simulations.
Concepts in Federal Taxation
You learn the unifying concepts behind the Internal Revenue Code rather than memorizing details of the Code. Concepts and applications throughout this edition appear in brief, comprehensible segments that are ideal for your CPA Exam review.
The book's small, manageable segments with Concept Checks are ideal for CPA Exam review. This text balances tax concepts with the Internal Revenue Code to prepare readers for success on CPA Exam tax simulations and within their careers.
CONCEPTS IN FEDERAL TAXATION is designed for a more conceptual, less detailed approach to federal taxation of individuals and corporations in an introductory taxation course.
You examine the latest tax laws and most recent code changes in segments that are ideal for C.P.A. Exam review. This edition also reinforces tax concepts using the Internal Revenue Code to prepare you for C.P.A. Exam tax simulations.
An extensive variety of problems includes 2-3 problems for each key concept and over 900 total problems. About 20% of the problems are new to this edition; another 30% have been modified.
Count on this edition for an unmatched conceptual understanding of taxation. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
This edition presents the latest tax laws and changes in a straightforward manner without overwhelming technical detail. To ensure clarity, the book introduces individual taxation before addressing more complex business entities.