Federal Taxation: Comprehensive Topics (2024)

Comprehensive Topics provides 25 chapters and additional support materials as follows:

• Chapter 1 Introduction to Federal Taxation and Understanding the Federal Tax Law
• Chapter 2 Tax Research, Practice and Procedure
• Chapter 3 Individual Taxation--An Overview
• Chapter 4 Gross Income
• Chapter 5 Gross Income--Exclusions
• Chapter 6 Deductions: General Concepts and Trade or Business Deductions
• Chapter 7 Deductions: Business/Investment Losses and Passive Activity Losses
• Chapter 8 Deductions: Itemized Deductions
• Chapter 9 Tax Credits, Prepayments, and Special Methods
• Chapter 10 Property Transactions: Determination of Basis and Gains and Losses
• Chapter 11 Property Transactions: Nonrecognition of Gains and Losses
• Chapter 12 Property Transactions: Treatment of Capital and Section 1231 Assets
• Chapter 13 Tax Accounting
• Chapter 14 Taxation of Corporations--Basic Concepts
• Chapter 15 Corporate Nonliquidating Distributions
• Chapter 16 Corporate Distributions in Complete Liquidations
• Chapter 17 Corporate Reorganizations
• Chapter 18 Accumulated Earnings and Personal Holding Company Taxes
• Chapter 19 Partnerships--Formation and Operation
• Chapter 20 Partnerships--Distributions, Sales and Exchanges
• Chapter 21 S Corporations
• Chapter 22 Federal Estate Tax, Federal Gift Tax and Generation-Skipping Transfer Tax
• Chapter 23 Income Taxation of Trusts and Estates
• Chapter 24 Deferred Compensation and Education Planning
• Chapter 25 Multijurisdictional Taxation: International and State and Local Transactions

• Appendix
• Glossary of Tax Terms
• Finding Lists
• Table of Cases
• Topical Index

Dr. Ephraim P. Smith, PhD, MS assumed the role of executive vice chancellor and chief academic officer for the CSU system in July 2010. From 1998 through 2010, Smith served as the vice president for academic affairs for California State University, Fullerton where he was responsible for managing more than 3,000 faculty and 300 staff members, as well as eight colleges, contracts and grants, institutional research, outreach, admissions, and international partnerships.

From 1990 to 1998, Smith was dean of CSUF's School of Business and Economics where he administered a complete array of graduate and undergraduate programs with a student enrollment of more than 6,500. While serving in this role, he was responsible for establishing a number of business centers and partnerships, as well as an accelerated MBA program.

Prior to joining Cal State Fullerton, Smith was dean of the James J. Nance College of Business Administration at Cleveland State University from 1975 to 1990. He was responsible for the development of graduate programs, including a doctoral program, as well as administering a full spectrum of undergraduate programs.

Smith was also a faculty member and chair of the Department of Accounting at the University of Rhode Island, as well as dean of the School of Business at Shippensburg State College.

Smith earned a B.S. in accounting from Providence College, an M.S. in accounting from the University of Massachusetts, and a Ph.D. in accounting from the University of Illinois.

Dr. Philip J. Harmelink, PhD, CPA is the Ernst & Young Professor of Accounting at the University of New Orleans. He has also served on numerous committees of the American Accounting Association, the American Taxation Association, the Federation of Schools of Accountancy and the Accounting Programs Leadership Group. Author or coauthor of more than 90 articles that have appeared in Journal of Accounting Research, Journal of the American Taxation Association, Taxes, The Tax Advisor, Taxation for Accountants, The CPA Journal, and other journals.

As the Professor of Taxation at Clarion University, Dr. James (Jim) Hasselback, PhD has dedicated considerable time and leadership to the accounting community as editor of the Hasselback Accounting Faculty Directory, published for the past 30 years, and acknowledged as the authoritative source of data about accounting faculty. Dr. Hasselback has published papers in a number of professional and academic journals, including The Accounting Review, The Tax Advisor, Financial Management, Journal of Real Estate Taxation, and the American Business Law Journal.