Introduction to Federal Income Taxation


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.
Fall 2017: LAW JD 889 , Sep 6th to Dec 6th 2017
A1Alan L. Feld4Mon,Wed10:40 am - 12:40 pmLAW103
Fall 2017: LAW JD 889 , Sep 5th to Dec 7th 2017
W1David I. Walker4Tue,Thu9:00 am - 10:30 amLAW103
W1David I. Walker4Fri9:00 am - 10:20 amLAW103
Spring 2018: LAW JD 889 , Jan 16th to Apr 24th 2018
S1Theodore S. Sims4Tue,Thu9:00 am - 10:30 am
S1Theodore S. Sims4Fri9:00 am - 10:20 am