McGraw-Hill’s Essentials of Federal Taxation is designed fora one-semester course, covering the basics of taxation of individualsand business entities. To facilitate a
one-semestercourse,McGraw-Hill’s Essentials of Federal Taxation foldsthe key topics from the investments, compensation, retirementsavings, and home ownership chapters inTaxation
ofIndividuals into three individual taxation chapters that discussgross income and exclusions, for AGI deductions, andfrom AGI deductions, respectively. The essentials volumealso includes
a two-chapter C corporation sequence that usesa life-cycle approach covering corporate formations and thencorporate operations in the first chapter and nonliquidatingand liquidating corporate
distributions in the second chapter.This volume is perfect for those teaching a one-semestercourse and for those who struggle to get through the 25-chaptercomprehensive volume.
