BUSINES 215 — Corporate and Entity Federal Income Tax
Study of federal income taxation of business organizations, including corporations, partnerships, limited liability companies (LLC), limited liability partnerships (LLP), limited liability limited partnership (LLLP), low-cost limited companies (L3C), and estates. Taxation of partnerships, with emphasis on the tax laws related to the formations, operations, allocations, distributions, liquidations, and sales/exchanges of partnership interests. Federal estates and gift tax laws with emphasis on the preparation of related tax returns. Ethics and research as appropriate to the discipline are integrated in the course.Writing assignments, as appropriate to the discipline, are part of the course.