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    Harrison College
  Feb 25, 2018
2017-2018 Catalog
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ACC 1070 - Income Tax

4 Credit Hours

This course provides an understanding of federal and state income tax laws for both individuals and businesses. Students review requirements of the Social Security Administration, as well as gain experience on both individual and business tax returns. Individual returns emphasize the various credits including the child care credit, earned income credit and credit for the elderly and disabled. It also stresses the itemized deductions available to individuals. Business returns emphasize payroll, depreciation, capital gains and losses, withholding and estimated payment requirements and tax planning. Prerequisite(s): None.

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