ACCT 603 Partnership and S-Corporation Taxation

An examination of tax implications of forming and operating conduit type businesses, with emphasis on planning for tax minimization. Topics such as concept of income (legislative and judicial) and impact on investment decisions, choice of business entity and capital structure (corporations vs. conduits; debt vs. equity), and compensation and retirement program planning (ESOPs, IRAs, Pensions, 401Ks, Stock options) will be examined.

Credits

3

Prerequisites

All MAcc program prerequisites and either ACCT 601 or permission of the instructor.

Offered

Summer, odd years.