📂Tax Planning and Administration

History and Evolution of U.S. Tax System

Structure of the Internal Revenue Code

Types of Taxes and Taxing Authorities

Tax Compliance and Enforcement

Principles of Taxation and Tax Policy Objectives

Economic and Social Impacts of Taxation

Defining Income for Tax Purposes

Sources of Gross Income

Timing of Income Recognition

Constructive Receipt and Assignment of Income

Imputed Income and Bargain Purchases

Gifts and Inheritances

Life Insurance Proceeds and Compensation for Injuries

Employee Fringe Benefits

Municipal Bond Interest and Scholarship Income

Ordinary and Necessary Business Expenses

Home Office and Vehicle Expenses

Travel and Entertainment Expenses

Employee Business Expenses

Business and Investment Losses

Passive Activity Losses

At-Risk Rules and Basis Limitations

Depreciation Methods and MACRS

Section 179 Expensing

Amortization of Intangibles

Depletion for Natural Resources

Characterization of Capital Assets

Holding Periods and Netting Rules

Capital Gain Tax Rates and Special Situations

Like-Kind Exchanges and Involuntary Conversions

Filing Status and Dependents

Itemized Deductions and Standard Deduction

Alternative Minimum Tax (AMT)

Tax Calculation and Credits for Individuals

Corporate Formation and Capital Structure

Corporate Income Tax Calculation

Dividends and Distributions

Corporate Liquidations and Reorganizations

Partnership Formation and Operations

Partner's Distributive Share and Basis

Partnership Distributions and Dispositions

Special Allocations and Substantial Economic Effect

Business Tax Credits (R&D, Work Opportunity)

Individual Tax Credits (Child Tax Credit, Education Credits)

Energy and Environmental Tax Incentives

State and Local Tax Incentives

U.S. Taxation of Foreign Income and Entities

Foreign Tax Credit and Tax Treaties

Transfer Pricing and International Tax Planning

Primary and Secondary Tax Authorities

Tax Research Tools and Databases

Analyzing and Communicating Tax Research Findings

Individual Tax Planning Techniques

Business Entity Selection and Structuring

Timing Strategies for Income and Deductions

Long-term vs. Short-term Tax Planning

IRS Organization and Procedures

Audit Process and Taxpayer Rights

Appeals and Tax Court Proceedings

Tax Penalties and Interest

Ethical Guidelines for Tax Practitioners

Confidentiality and Privilege in Tax Practice

Conflicts of Interest and Due Diligence

Ethical Considerations in Tax Planning and Compliance

Federal Estate Tax Calculation and Filing Requirements

Lifetime Gifts and Gift Tax

Generation-Skipping Transfer Tax

Estate Planning Techniques

Individual Tax Return (Form 1040) Preparation

Schedule C and Self-Employment Income

Partnership and S Corporation Returns

Corporate Tax Return Basics

Digital Economy and Taxation

Taxation of Cryptocurrencies and NFTs

Recent Tax Legislation and Proposed Reforms

Global Tax Initiatives (e.g., BEPS, Digital Services Taxes)