Introduction to the federal transfer tax system -- Income taxation of the transfer of wealth -- Valuation -- The definition of a gift -- Completion -- The annual exclusion -- Property owned at death -- Joint ownership -- Retained interests -- Annuities and employee death benefits -- Powers of...

The passthrough system -- Introduction to partnership accounting -- Partnership allocations : general rules -- Partnership allocations : nonrecourse deductions -- Partnership allocations : special anti-income shifting rules -- Sales of partnership interests -- Property contributions and...

Introduction -- The why and the what of taxing income -- The private sphere and te public sphere -- When is it income? -- Debt and certain other financial instruments -- Whose income is it? -- Expenses of earning income -- Tax shelters and tax planning -- Mixed business and personal expenses --...

Income in kind -- Compensation for losses -- Gifts and kindred items -- Capital appreciation -- Return of capital and timing issues -- Receipts subject to offsetting liabilities -- Tax expenditures : state and municipal bond interest -- Deductions, credits, and computation of tax -- Interest,...

Introduction to the corporate income tax -- Corporate formation -- Corporate operation -- Distributions of cash and property -- Redemptions and partial liquidations -- Distributions of stock -- Liquidations -- Integration of the corporate and individual income taxes -- Taxable acquisitions --...

An introduction to the income tax -- The scope of gross income -- Property transactions -- Personal deductions -- Business expense deductions -- Capitalization and cost recovery -- Tax accounting -- Tax preferences, tax shelters, and the alternative minimum tax -- Taxation of the family --...

The passthrough system -- Introduction to partnership accounting -- Partnership allocations : general rules -- Partnership allocations : nonrecourse deductions -- Partnership allocations : special anti-income shifting rules -- Sales of partnership interests -- Property contributions and...