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2013-2014 Undergraduate & Graduate Catalog

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ACC 640 - S Corp & Limited Liability Co Taxation

Examines the federal tax issues of S Corporations and Limited Liability Companies. S Corporation topics include: eligibility and the S election, income taxation of the S corporation and its shareholders, determination of basis, and distributions. Limited Liability Company topics include: formation, entity conversions, basis determinations, member taxation, distributions, and estate planning issues. Prerequisite: ACC 629 or permission of Director.

Credits: 3



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