2022-2023 Undergraduate & Graduate Catalog
ACC 640 - S Corp and Limited Liability Co Taxation
Examines the federal tax issues of S corporations and limited liability companies. S corporation topics include eligibility and the S election, income taxation of the S corporation and its shareholders, determination of basis, and distributions. Limited liability company topics include formation, entity conversions, basis determinations, member taxation, distributions, and estate planning issues. Prerequisite: ACC 629 or permission of director.