Designed for use by professionals but also applicable to the advanced undergraduate or gradate classroom, this balances key concept and technical details to give as much coverage as possible.
This edition has been updated to include material on the Pension Protection Act, the Tax Relief and Health Care Act and the Tax Increase Prevention and Reconciliation Act (all of 2006),
additional information on international business dealings and foreign income, and extended practice exercises for more opportunity to apply the information in the text. This begins with a basic
introduction to taxation and its environment, income and expense determination, property concepts and transactions, business taxation and taxation of individuals and includes samples of
filled-in returns in the appendices. The exercises are particularly well-prepared and go a long way in helping readers understand even complex concepts. Annotation 穢2007 Book News, Inc.,
Portland, OR (booknews.com)
