Course Syllabus
WELCOME!!
About our course, Tax Accounting
Course Description
- CRN: 80651
- Number of Units: 3.0
- Prerequisites: None
- Co-requisites: None
- Advisories: None
This course is a comprehensive study and analysis of the principles of federal income tax applied to individual, partnership, informational, and corporate tax returns.
Student Learning Outcomes
As a result of successful completion of this course, a student will be able to:
Analyze and evaluate the principles of federal income tax applied to individual tax returns.
Course Content Outline
The substance of this course requires students to analyze, evaluate, investigate, compare, examine, contrast, and apply the theory, concepts, and principles utilized in managerial accounting.
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- Income Tax Withholding
- Wages and other income
- FICA tax
- Employers quarterly federal tax return, Form 941
- Records of employer
- Taxpayer identification number (TIN)
- Informational return
- Personal Income Tax Returns
- Individual income tax - introduction
- Personal exemptions; itemized deductions
- Dividend and interest income
- Income and expenses from business or profession
- Gain or loss on sale of assets
- Rents, royalties, and pensions
- Adjustments to income
- Tax computations
- Business and Professional Returns for Individuals
- Accounting methods
- Reporting
- Self-employed individuals
- Individual retirement savings programs
- Partnerships and Small Business Corporations
- The nature of partnerships
- Partnership returns
- Partnership income
- Tax savings through partnerships
- Small business corporations (Subchapter-s)
- Informational resources and their application
- Income Tax Withholding
Course Objectives
Upon successful completion of the course, a student should be able to demonstrate the following activities:
- Comprehend the federal tax law as applied to individuals and corporations.
- Analyze tax accounting methods as applied to all businesses.
- Prepare basic individual tax returns.
- Recognize the essentials of tax planning.
About your instructor, Erica Beam
Hello! My name is Erica L. Beam. My pronouns are she/her/hers. I teach full-time as faculty here at Solano Community College.
I am also part-time faculty at Modesto Junior College in Modesto, CA where I teach accounting courses and First Time in College (FTIC) courses.
I began my education at Modesto Junior College (MJC) where I earned an AS Degree in Business and an AA Degree in Accounting. I transferred to CSU Stanislaus and completed a BS Degree in Accounting. During my time at MJC, I began an internship at a CPA firm. It was at that CPA firm that I became a tax accountant and found a love for accounting!
I took that love for accounting and went to work for the IRS as a Revenue Officer. It wasn’t for me, but I learned a lot! I began the MBA program at CSU Sacramento and found my love for teaching. The rest is history!
On a personal note, I have two beautiful daughters and we live in the Sacramento area. I proudly root for the San Francisco Giants and love all things Disneyland!