
Federal Income Taxation
Model Problems and Outstanding Answers
Camilla E. Watson(Author)
Oxford University Press Inc
1st Edition
Will be published approx. in December 2011
Book
Paperback/Softback
258 pages
978-0-19-539016-2 (ISBN)
Description
Each problem/test question is separated into components so students can easily identify the key concepts in Federal Income Taxation and learn how to apply those concepts in a sophisticated manner on law exams
Helps students identify the deficiencies in their own answers, allowing them to refine their writing and provide the answers law professors expect on Federal Income Taxation exams
A self-evaluation section identifies which issues are most often missed on exams, allowing students to master the answers to challenging test questions
Tax law is a daunting subject for many law students. It requires a firm grasp of the Internal Revenue Code provisions, the reasoning behind them, the way they interact, and the way courts have interpreted them. Students must also acquire a brand new vocabulary of tax terms.
For the first time, Oxford University Press equips students with an accessible guide to acing this most challenging of law school tests. In Federal Income Taxation: Model Problems and Outstanding Answers, Camilla E. Watson helps students demonstrate their knowledge of federal income tax law in the structured and sophisticated manner that professors expect on law school exams.
This book includes clear introductions to the major topics in tax law, provides hypothetical's similar to those that students can expect to see on an exam, and offers model answers to those hypothetical's. Professor Watson then gives students the opportunity to evaluate their own work with a comprehensive self-analysis section. This book prepares students by challenging them to use the law they learn in class while also explaining the best way to express an answer on law school exams.
Helps students identify the deficiencies in their own answers, allowing them to refine their writing and provide the answers law professors expect on Federal Income Taxation exams
A self-evaluation section identifies which issues are most often missed on exams, allowing students to master the answers to challenging test questions
Tax law is a daunting subject for many law students. It requires a firm grasp of the Internal Revenue Code provisions, the reasoning behind them, the way they interact, and the way courts have interpreted them. Students must also acquire a brand new vocabulary of tax terms.
For the first time, Oxford University Press equips students with an accessible guide to acing this most challenging of law school tests. In Federal Income Taxation: Model Problems and Outstanding Answers, Camilla E. Watson helps students demonstrate their knowledge of federal income tax law in the structured and sophisticated manner that professors expect on law school exams.
This book includes clear introductions to the major topics in tax law, provides hypothetical's similar to those that students can expect to see on an exam, and offers model answers to those hypothetical's. Professor Watson then gives students the opportunity to evaluate their own work with a comprehensive self-analysis section. This book prepares students by challenging them to use the law they learn in class while also explaining the best way to express an answer on law school exams.
More details
Series
Language
English
Place of publication
Oxford
United Kingdom
Publishing group
Oxford University Press
Target group
College/higher education
Law students
Dimensions
Height: 279 mm
Width: 216 mm
ISBN-13
978-0-19-539016-2 (9780195390162)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
Camilla E. Watson is a Professor of Law at the University of Georgia School of Law, where she teaches courses on federal taxation and criminal law. Her scholarly interests lie in the area of federal taxation in which she has published a number of articles and several books. Professor Watson served as founding chair of the Section on Employee Benefits of the Association of American Law Schools. While in private practice, she was a member of the Federal Tax Council of the Illinois State Bar Association. She is a member of the bar of the states of Illinois, South Carolina and Mississippi.
Content
FEDERAL INCOME TAX: Model Problems and Outstanding Answers
Introduction
1. The Concept of Gross Income: Realization and Recognition
2. The Concept of Gross Income: Exclusions
3. Property Transactions: The Concept of Basis and Capital Recovery
4. Purchase and Sale of a Principal Residence
5. Dissolution of a Marriage
6. Employee Fringe Benefits
7. Meals and Lodging Furnished To An Employee
8. Life Insurance
9. Discharge of Indebtedness
10. Assignment of Income
11. Education Incentives
12. Casualty Losses, Medical Expenses and the Tax Benefit Rule
13. Charitable Deductions
14. Moving Expenses
15. Business Expense Deductions
16. Nonbusiness, Profit-Oriented Expenses
17. Mixed Purpose Expenditures
18. Sale of a Vacation/Secondary Residence
19. Accounting Methods: Cash Receipts/Disbursements and Accrual
20. Claim of
Introduction
1. The Concept of Gross Income: Realization and Recognition
2. The Concept of Gross Income: Exclusions
3. Property Transactions: The Concept of Basis and Capital Recovery
4. Purchase and Sale of a Principal Residence
5. Dissolution of a Marriage
6. Employee Fringe Benefits
7. Meals and Lodging Furnished To An Employee
8. Life Insurance
9. Discharge of Indebtedness
10. Assignment of Income
11. Education Incentives
12. Casualty Losses, Medical Expenses and the Tax Benefit Rule
13. Charitable Deductions
14. Moving Expenses
15. Business Expense Deductions
16. Nonbusiness, Profit-Oriented Expenses
17. Mixed Purpose Expenditures
18. Sale of a Vacation/Secondary Residence
19. Accounting Methods: Cash Receipts/Disbursements and Accrual
20. Claim of