Boston University School of Law

JD889 Introduction to Federal Income Taxation

JD 889 ( A1)  MW 10:40 AM-12:40 PM 
4 cr., Fall 
Professor Feld 
No Class Website
JD 889 ( W1)  TR 8:30 AM-10:00 AM 
4 cr., Fall 
Professor Walker 
No Class Website
JD 889 ( W1)  F 9:00 AM-10:20 AM 
4 cr., Fall 
Professor Walker 
No Class Website
JD 889 ( S1)  TR 9:00 AM-10:30 AM 
4 cr., Spring 
Professor Sims 
No Class Website
JD 889 ( S1)  F 9:00 AM-10:20 AM 
4 cr., Spring 
Professor Sims 
No Class Website
 

The income tax is a pervasive feature of life in the United States and lawyers encounter tax issues in virtually every field of practice. This course introduces students to the fundamental principles of the federal income tax, and its impact on a wide range of matters, including employment, tort claims, divorce, retirement, and especially business activities and investments of all types. Topics include: the concept of income, determination of gross income, allowance of deductions and the determination of taxable income, identification of the taxpayer, taxable periods and timing, the determination of gain or loss (including realization and recognition) from dealings in property, the concept of income tax basis, and the process of change in the tax law. GRADING NOTICE: This course does not offer the CR/NC/H option.