The Fundamentals of Taxation 2022 (15th Edition) is a textbook focused on tax education that takes a hands-on approach. It aims to introduce beginners to tax law while teaching them the practical aspects of tax form preparation and tax return filing.
The authors of Fundamentals of Taxation 2022 have incorporated four key teaching advantages to train future tax preparers in handling the complexities of U.S. tax law:
1. Close alignment with IRS tax forms: The textbook follows the structure of actual tax forms, allowing students to grasp the underlying principles of tax law while learning how to gather the necessary information from clients to complete tax forms.
2. Illustration of proper reporting: Each tax issue is presented, along with a discussion of the legal requirements, placement on the tax form, and a completed form example. This approach combines practical and legal aspects of tax preparation.
3. Integration of tax software package: The textbook integrates an individual income tax software package called TaxACT, enhancing the learning experience and providing hands-on practice with tax preparation.
4. Citations of relevant tax authorities: The authors supplement the text with references to relevant tax authorities, including the Internal Revenue Code, Treasury Regulations, Revenue Rulings, Revenue Procedures, and court cases. This helps students develop a deeper understanding of the legal foundations of tax law.
Please note that this sale only includes the ebook version of Fundamentals of Taxation 2022 Edition (15E) in PDF format. It does not include any access codes.