Unique in its structure, Federal Income Taxation, Fifth Edition presents core materials that cover the basics of tax law and then offers supplemental "cells" at the end of the book that are self-contained units with more in-depth discussion of certain topics. Professors and students will benefit from: A thoroughly updated text that incorporates the extensive changes to the Code enacted by the Tax Cuts and Jobs Act of 2017 New cases reflecting developments since the previous edition. A new cell on the taxation of Bitcoin and other cryptocurrency. Core text (about 500 pages) that covers the leading cases and explains the substantive tax law that is essential to a basic understanding of federal income tax law and principles. Novel "Cells," self-contained, optional units at the end of the book that supplement the core text by presenting additional material and treating a limited number of topics in greater detail. Notes and questions providing background information and placing the cases and statutes in context. More than 150 problems throughout the core text and cells that challenge students to apply theory to specific situations. An annual "inflation supplement" issued every December that provides updated problems and answers to reflect inflation adjustments for the upcoming year, as well as updated tables where relevant.
She and Stewart have been dating for three years. As a result of a recent recession, Stewart lost his job, and Mary hired him to work as a secretary in the grocery store's business office. If Mary pays Stewart a salary that is on the ...
Income in kind -- Compensation for losses -- Gifts and kindred items -- Capital appreciation -- Return of capital and timing issues -- Receipts subject to offsetting liabilities -- Tax expenditures : state and municipal bond interest -- ...
Problems integrated throughout the text bridge the gap between theory and practice. Each edition of this renowned text builds on and adds to the strengths of its predecessors.
Introduction -- Gross income -- Gains and losses from dealings in property -- Gifts and inheritance -- Discharge of indebtedness -- Fringe benefits -- Business and investment expense deductions -- Capital expenditures -- Depreciation and ...
Softbound - New, softbound print book.
Essentials of Federal Income Taxation for Individuals and Business by Robert Jamison features an easy-reading, straightforward forms approach that is both simple and direct without complex legal language.
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Federal Income Tax
The revised Sixth Edition offers new and updated examples & explanations with timely coverage of developing topics such as medical expenses, taxation of same-sex couples, debt discharge income, value-added taxes, and the federal budget.
Unique in its structure, Federal Income Taxation, Fourth Editionpresents core materials that cover the basics of tax law and then offers "cells" at the end of the book that are self-contained units with more in-depth discussion of certain ...