FPL 305 Taxation I

Fall-Spring Semesters

An introduction to federal income taxation of individuals. Topics include inclusions and exclusions from gross income, capital gains and losses, business deductions, itemized deduction, depreciation and cost recovery, and nontaxable property transactions. Both tax planning and tax preparation are stressed. Prerequisite: FPL 220 with a grade of 2.0 or higher. 3 credit hours