Troy University
Study of federal tax laws and regulations for individuals and business entities, with an emphasis on components of income, exclusions, allowable expenses, losses and owner distributions. Tax implications of property transactions to both individuals and business entities, and choice of business entity will be introduced. Accounting majors must complete this course with a grade of C or better.
3 credits
ACT 4451
Prerequisites, corequisites, and courses that build on this one
Complete these courses before enrolling
Principles of Accounting I
Intermediate Accounting I
Intermediate Accounting II
Governmental Accounting
Managerial/Cost Accounting I
Income Tax Accounting I
Advanced Applications for Accounting
Accounting Information Systems
Accounting Analytics
Advanced Accounting
Income Tax Accounting II
Auditing
Professional Development - Forensic Accounting
Financial Reporting & Analysis II
Introduction of Taxation
Auditing Concepts
Fraud Examination II
Professional Development - Management Accounting
Internal Auditing
Managerial/Cost Accounting II
Courses that require this course as a prerequisite