BU-108 : Income Taxation

Course Information

Course, prefix, number, & title: BU-108 Income Taxation

Hours (Class, recitation, Laboratory, studio): 2 class hours, 2 recitation hours, 1 lab hour

Credits: 3

Pre-requisites (if any): BU-102

Course Description in college catalog:

Comprehensive analysis of basic income tax principles as they affect individuals, partnerships, and corporations; application of the tax concepts of gross income, adjusted gross income, taxable income, exemptions, deductions, and credits as interpreted under the Internal Revenue Code, regulations, and court decisions; extensive hands-on laboratory practice in preparation of tax returns and forms with professional level software packages; comparison with New York State laws.

Academic programs for which this course serves as a requirement or an elective:

A.A.S. Accounting

General Education Outcomes: Below is a listing of General Education Outcome(s) that this course supports.

  1. Use analytical reasoning to identify issues or problems and evaluate evidence in order to make informed decisions

  2. Reason quantitatively as required in various fields of interest and in everyday life

Course-specific student learning outcomes:

Students will apply their knowledge of tax law to compute an individual taxpayer’s gross income and exclusions from gross income. They should properly determine deductions to arrive at adjusted gross income, including business income and deductions, property gains and losses and depreciation; and deductions to arrive at taxable income, including rules for filing status, personal and dependency exemptions and itemized and standard deductions. Students will apply their overall knowledge of tax law to prepare a complex individual tax return both manually and with professional level tax preparation software.

Program-specific outcomes

  1. Make ethical judgements while recognizing multiple perspectives

  2. Explain and proficiently apply accounting guidelines and practices and regulatory procedures

Methods by which student learning will be assessed and evaluated; describe the types of methods to be employed; note whether certain methods are required for all sections:

  1. Participation              

  2. Case Studies

  3. Exams

  4. Homework

  5. Project

Academic Integrity policy (department or College):
Academic honesty is expected of all students. Any violation of academic integrity is taken extremely seriously. All assignments and projects must be the original work of the student or teammates. Plagiarism will not be tolerated. Any questions regarding academic integrity should be brought to the attention of the instructor. The following is the Queensborough Community College Policy on Academic Integrity: "It is the official policy of the College that all acts or attempted acts that are violations of Academic Integrity be reported to the Office of Student Affairs. At the faculty member's discretion and with the concurrence of the student or students involved, some cases though reported to the Office of Student Affairs may be resolved within the confines of the course and department. The instructor has the authority to adjust the offender's grade as deemed appropriate, including assigning an F to the assignment or exercise or, in more serious cases, an F to the student for the entire course." Read the University's policy on Academic Integrity opens in a new window(PDF).

Any student who feels that he or she may need an accommodation based upon the impact of a disability should contact the office of Services for Students with Disabilities in Science Building, Room S-132, 718-631-6257, to coordinate reasonable accommodations for students with documented disabilities. You can visit the Services for Students with Disabilities website.

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