Test Bank For McGraw-Hill’s Taxation of Business Entities 2024 Edition 15th Edition

Test Bank For McGraw-Hill’s Taxation of Business Entities 2024 Edition, 15th Edition By Brian Spilker

Explore the intricacies of business taxation with our Test Bank for McGraw-Hill’s Taxation of Business Entities. Delve into comprehensive scenarios and exercises designed to solidify your understanding of tax concepts. Grasp essential principles, including income recognition, deductions, and credits. Elevate your expertise and prepare yourself for real-world tax challenges with this invaluable resource.

Real-World Application Exercises

Immerse yourself in practical tax scenarios with our carefully curated set of application exercises. Bridge the gap between theory and practice by tackling real-world tax problems. These exercises simulate the challenges professionals face in the field, providing a dynamic learning experience. Sharpen your analytical skills and gain confidence in your ability to navigate complex taxation issues.

Table of Contents

Part I: Introduction to Taxation

1. An Introduction to Tax
2. Tax Compliance, the IRS, and Tax Authorities
3. Tax Planning Strategies and Related Limitations

Part II: Basic Individual Taxation

4. Individual Income Tax Overview, Dependents, and Filing Status
5. Gross Income and Exclusions
6. Individual Deductions
7. Investments
8. Individual Income Tax Computation and Tax Credits

Part III: Business-Related Transactions

9. Business Income, Deductions, and Accounting Methods
10. Property Acquisition and Cost Recovery
11. Property Dispositions

Part IV: Specialized Topics

12. Compensation
13. Retirement Savings and Deferred Compensation
14. Tax Consequences of Home Ownership

Part V: Entity Overview and Taxation of C Corporations

15. Business Entities Overview
16. Corporate Operations
17. Accounting for Income Taxes
18. Corporate Taxation: Non liquidating Distributions
19. Corporate Formation, Reorganization, and Liquidation

Part VI: Taxation of Flow-Through Entities

20. Forming and Operating Partnerships
21. Dispositions of Partnership Interests and Partnership Distributions
22. S Corporations

Part VII: Multijurisdictional Taxation and Transfer Taxes

23. State and Local Taxes
24. The U.S. Taxation of Multinational Transaction
25. Transfer Taxes and Wealth Planning