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Lynda – Income Tax Fundamentals

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Lynda - Income Tax Fundamentals

1.26GB | Duration: 2h 25m | Video: AVC (.mp4) 1280x720 30fps | Audio: AAC 48KHz 2chGenre: eLearning | Level: Appropriate for all | Language: English

Accounting and finance professors Jim and Kay Stice will make filing this year's taxes a bit easier for you by explaining basic taxation concepts and terminology. In this course, they cover topics such as taxable income, tax brackets, average tax rates, withholdings, deductions, and credits, and explain the motivation behind federal tax deductions for mortgages, dependents, and charitable giving. They review the steps involved in filing a personal income tax return, address some of the issues that corporations and small businesses face in filing their returns, and cover the benefits of tax planning.
This is a self-contained introductory course to income tax, but if you'd like more information about accounting in general, check out the Stices' foundational course, Accounting Fundamentals.

Topics include:

* The history of income tax
* Tax brackets, rates, deductions, and credits
* Completing a basic tax return (1040A)
* Tax planning
* Shifting income
* Understanding corporate income taxes
* Avoiding tax-evasion schemes
* Tax issues for small businesses
Lynda - Income Tax Fundamentals

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