Business Entity Taxation

Business Entity Taxation rejects the traditional textbook method of providing the student with an onslaught of detail and complication. Rather, the focus is on a strong presentation of the fundamentals. To use a basketball analogy, a player must first develop a strong ability to pass, dribble and shoot. Once those skills are mastered, the student can readily adapt his or her skills to execute more advanced plays and sophisticated strategies presented by the coach. Similarly, when studying business entity taxation, a student must first learn the tax fundamentals relating to partnerships, C corporations, S corporations, and a few other areas. Details and complexities on the periphery can then be given proper attention in more advanced courses.

The following features highlight the approach of this text:

Reader-friendly language Diagrams that aid the visual learner Simple math so the student can focus on the concept, not the math Shorter chapters to enhance retention and minimize reader fatigue Direct quotations from the Internal Revenue Code so the student becomes familiar with it Practical questions and problems Straightforward partnership, C corporation and S corporation tax return problems Discussion of tax returns and other forms Very little focus on insignificant dollar amounts and other insignificant items that Congress frequently changes Affordable text that provides enough material to cover a semester of study, but not so much that the instructor cannot effectively cover it all