Taxation of Flow-Through Entities

1.5 units · Graduate

This course provides an overview of the federal income tax treatment of S-Corporations and Partnerships, including formation, operations, distributions, and liquidation. It addresses how income and loss generated by these entities flows through to the owners to avoid double taxation. Additionally, tax planning considerations related to these forms of entity will be discussed. Prereq: MBA 6211; or enrollment in Master of Accounting Program; or permission of instructor. Repeatable to a maximum of 12 cr hrs.