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 16. US Taxation of Foreign-Related Transactions   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 Financial Statement Implications sections discuss the implications of Accounting Standards Codification (ASC) 740.Learning aids present technical content in a readable way so students can internalize and master the material. These are designed so that students can apply tax principles to real-life situations.What Would You Do In This Situation? place students in the role of decision maker. These include many controversies that are as of yet unresolved or are currently being resolved by the courts. By making extensive use of Ethical Material, they represent choices that may put practitioners at odds with clients.Stop & Think boxes encourage students to pause and apply what they have just learned.Ethical Points, Tax Strategy Tips, and Additional Comments highlight supplemental information to the text.Real-World Examples relate the text material to events, cases, and statistics (some from the IRS’s Statistics of Income) occurring in the tax and business environments.Book-to-Tax Accounting Comparison comments compare the tax discussion in the text to the accounting and/or financial statement treatment of this material.TaxACT 2017 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 the user to possible errors or entries.   Keep your course current Updated - Chapter material for the provisions in the Tax Cuts and Jobs Act of 2017 affecting corporations and other entities, including new rules and related implications of the following items:Reduced corporate tax rateQualified business income deductionNew limitations on interest, business losses, and NOLsNew rules for the taxation of international transactions New - The comprehensive corporate tax return, Problem C:3-65, has all new numbers for the 2017 forms.New - The comprehensive partnership tax return, Problem C:9-58, has all new numbers for the 2017 forms.New - The comprehensive S corporation tax return, Problem C:11-62, has all new numbers for the 2017 forms.Updated - All tax rate schedules have been updated to reflect the rates and inflation adjustments for 2018.Updated - The latest content. Whenever new updates become available, they will be accessible via MyLab Accounting. Also available with MyLab Accounting MyLab™ is the teaching and learning platform that empowers you to reach every student. By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Learn more about MyLab Accounting.   Reach every student with MyLab Teach your course your way: Your course is unique. So whether you’d like to build your own assignments, teach multiple sections, or set prerequisites, MyLab gives you the flexibility to easily create your course to fit your needs.Expanded - MyLab offers the flexibility to assign problems through a variety of Question Types, which has now been expanded to include Final Answer, Open Response, Static, Algorithmic Testbank, and General Ledger questions.Final Answer questions are algorithmic, end-of-chapter questions that require students to demonstrate a higher level of concept comprehension by entering final answers only. Empower each learner: Each student learns at a different pace. Personalized learning pinpoints the precise areas where each student needs practice, giving all students the support they need – when and where they need it – to be successful. The Study Plan gives personalized recommendations for each student, based on his or her ability to master the learning objectives in your course. This allows students to focus their study time by pinpointing the precise areas they need to review, and allowing them to use customized practice and learning aids -- such as videos, eTexts, tutorials, and more -- to help students stay on track. Deliver trusted content: You deserve teaching materials that meet your own high standards for your course. That’s why we partner with highly respected authors to develop interactive content and course-specific resources that you can trust – and that keep your students engaged. Improve student results: When you teach with MyLab, student performance improves. That’s why instructors have chosen MyLab for over 15 years, touching the lives of over 50 million students.   Check out the preface for a complete list of features and what's new in this edition.    

Keep your course current Chapter material for the provisions in the Tax Cuts and Jobs Act of 2017 affecting corporations and other entities, including new rules and related implications of the following items:Reduced corporate tax rateQualified business income deductionNew limitations on interest, business losses, and NOLsNew rules for the taxation of international transactions The comprehensive corporate tax return, Problem C:3-65, has all new numbers for the 2017 forms.The comprehensive partnership tax return, Problem C:9-58, has all new numbers for the 2017 forms.The comprehensive S corporation tax return, Problem C:11-62, has all new numbers for the 2017 forms.All tax rate schedules have been updated to reflect the rates and inflation adjustments for 2018.The latest content. Whenever new updates become available, they will be accessible via MyLab Accounting.   Reach every student with MyLab MyLab offers the flexibility to assign problems through a variety of Question Types, which has now been expanded to include Final Answer, Open Response, Static, Algorithmic Testbank, and General Ledger questions. Check out the preface for a complete list of features and what's new in this edition.