ACCT2193 — Federal Income Tax for Individuals
ACCT 2193 - Federal Income Tax for Individuals ACCT 2193 - Federal Income Tax for Individuals Description This course is an introduction to the basic operation of the federal income tax laws and concepts for individuals and non-income tax for small businesses in Arkansas. The primary focus of this course is individual taxation including gross income, filing status, standard deduction, itemized and other deductions, losses, depreciation, tax credits, along with basic business taxes such as sales and use tax. Further their understanding of filing a complex tax return with itemized deductions. Complete a federal income tax form for sole proprietorships under the Form 1040. Demonstrate knowledge of state requirements (Arkansas) for filing sales and use tax. General Education