INDIVIDUALS 1. An Introduction to Taxation 2. Determination of Tax 3. Gross Income: Inclusions 4. Gross Income: Exclusions 5. Property Transactions: Capital Gains and Losses 6. Deductions and Losses 7. Itemized Deductions 8. Losses and Bad Debts 9. Business and Employee Expenses and Deferred Compensation 10. Depreciation, Cost Recovery, Amortization, and Depletion 11. Accounting Periods and Methods 12. Property Transactions: Nontaxable Exchanges 13. Property Transactions: Section 1231 and Recapture 14. Special Tax Computation Methods, Tax Credits, and Payment of Tax   CORPORATIONS, PARTNERSHIPS, ESTATES, AND TRUSTS 1. Tax Research 2. Corporate Formations and Capital Structure 3. The Corporate Income Tax 4. Corporate Nonliquidating Distributions 5. Other Corporate Tax Levies 6. Corporate Liquidating Distributions 7. Corporate Acquisitions and Reorganizations 8. Consolidated Tax Returns 9. Partnership Formation and Operation 10. Special Partnership Issues 11. S Corporations 12. The Gift Tax 13. The Estate Tax 14. Income Taxation of Trusts and Estates 15. Administrative Procedures   TABLES 2018 TAX TABLES AND RATE SCHEDULES AND 2019 WITHHOLDING TABLES (PARTIAL) Appendix A: Tax Research Working Paper File Appendix B: Tax Forms Appendix C: Macrs Tables Appendix D: Glossary Appendix E: AICPA Statements on Standards for Tax Services Nos. 1–7 Appendix F: Comparison of Tax Attributes for C Corporations, Partnerships, and S Corporations Appendix G: Reserved Appendix H: Actuarial Tables Appendix I: Index of Code Sections Appendix J: Index of Treasury Regulations Appendix K: Index of Government Promulgations Appendix L: Index of Court Cases Appendix M: Subject Index

Help students master the material through supportive learning aids TaxACT 2018 Software, available via online purchase, is a user-friendly tax preparation program that includes more than 80 tax forms, schedules, and worksheets. TaxACT calculates returns and alerts users to possible errors or entries.   Keep your course current with the latest rulings and regulations   Individuals Significant court cases and IRS rulings and procedures during 2018 and early 2019.Chapter material for the provisions in the Tax Cuts and Jobs Act of 2018 affecting individual taxpayers, including new rules and related implications.End-of-chapter tax return problems have been updated for 2018. Also, supplemental explanations for each tax return problem of how the solution will change for the 2019 tax year given the provisions of the Tax Cuts and Jobs Act, have been included.All tax rate schedules have been updated to reflect the rates and inflation adjustments for 2019.The latest content. Whenever new updates become available, they will be accessible via MyLab Accounting.   Corporations, Partnerships, Estates, and Trusts Chapter material for the provisions in the Tax Cuts and Jobs Act of 2018 affecting corporations and other entities, including new rules and related implications.The comprehensive corporate tax return, Problem C:3-65, has all new numbers for the 2018 forms.The comprehensive partnership tax return, Problem C:9-58, has all new numbers for the 2018 forms.The comprehensive S corporation tax return, Problem C:11-62, has all new numbers for the 2018 forms.All tax rate schedules have been updated to reflect the rates and inflation adjustments for 2019.The latest content. Whenever new updates become available, they will be accessible via MyLab Accounting.