1. An Introduction to Taxation and Understanding the Federal Tax Law. 2. Working with the Tax Law. 3. Tax Determination; Personal ad Dependency Exemptions; An Overview of Property Transactions. 4. Gross Income: Concepts and Inclusions. 5. Gross Income: Exclusions. 6. Deductions and Losses: In General. 7. Deductions and Losses: Certain Business Expenses and Losses. 8. Depreciation, Cost Recovery, Amortization, and Depletion. 9. Deductions and Self-Employed-Related Expenses. 10. Deductions and Losses: Certain Itemized Deductions. 11. Passive Activity Losses. 12. Tax Credits. 13. Property Transactions: Determination of Gain or Loss, Basis Considerations, and Nontaxable Exchanges. 14. Property Transactions: Capital Gains and Losses, Section 1231, and Recapture Provisions. 15. Alternative Minimum Tax. 16. Accounting Periods and Methods. 17. Corporations: Introduction and Operating Rules. 18. Corporations: Organization and Capital Structure. 19. Corporations: Distributions Not in Complete Liquidation. 20. Corporations: Distributions in Complete Liquidation and An Overview of Corporate Reorganizations. 21. Partnerships. 22. S Corporations. 23. Exempt Entities. 24. Multistate Corporate Taxation. 25. Taxation of International Transactions. 26. Tax Administration and Practice. 27. The Federal Gift and Estate Taxes. 28. Income Taxation of Trusts and Estate. Appendixes. Subject Index.
