How do you reduce a company or individual's taxes while complying with tax laws? Designed for accounting students, this course focuses on understanding the legal, conceptual, and integrative aspects of U.S. federal income taxation. Build your accounting foundation with this course on U.S. federal income taxation. You’ll learn about the taxation of both businesses and individuals. In addition to income tax laws, you’ll discover how to reduce the present value of income taxes.

Topics will include tax planning strategies, qualified business income deduction, tax compliance, and more.

Verified Learners will need to purchase a textbook in order to successfully complete the course. See the FAQ for details.

What you'll learn

- How to properly applyfederal income tax laws to income taxpayers--both individuals and businesses

- How to usebasic finance tools to help individual taxpayers and businessesmake decisionsthat maximize their after-tax wealth or earnings

- How to differentiate federal income tax laws from financial accounting standards

Accounting MicroMasters

Taxes

Course Auditing