Corporate Taxation I - Fundamentals of federal income taxation of corporations and their shareholders, including formation, capital structure, nonliquidating distributions, redemptions, liquidations and Subchapter S.
Corporate Taxation II - Advanced topics in the federal income taxation of corporations and their shareholders, including stock dividends, the dividends-received deduction and advanced issues in redemptions and liquidations.
Prerequisite: Corporate Taxation I
Income Tax Timing Issues - Advanced topics in federal income taxation, including accounting methods and interest imputation.
Income Taxation of Property Transactions - Federal income tax treatment of sales and other dispositions of property, including deferred payment sales, non-recognition transactions of individual taxpayers and depreciation recapture. Students will be asked to research and prepare a tax memorandum.
Partnership Taxation I - Fundamentals of federal income taxation of partners and partnerships, including classification, formation, operations, allocations and related party transactions.
Partnership Taxation II - Further topics in the federal income taxation of partners and partnerships, including distributions, dispositions of partnership interests, terminations, mergers, divisions, the hot asset rules and problems arising out of the death or retirement of a partner.
Prerequisite: Partnership Taxation I
Tax Practice and Procedure - Administrative determination of liability, penalties, and interest, civil tax litigation, IRS summonses, limitation periods and their mitigation, collections and administrative rulings and rulemaking.