This course differs from "Taxes and Business Strategy" course, which is for MBA students interested in an overview of taxes and their implications for structuring business transactions.

I am teaching course for the first time at Stern in spring 2011.

Overview

Tax rates are high and are likely to go much higher given the massive budget deficits. Thus, there is a strong demand in the real world for knowledge of tax rules. Anyone graduating from a business school, particularly an accounting major, ought to know fundamentals of taxes.

This course is for accounting majors at the graduate and undergraduate levels. The focus of this course is federal income tax rules for individuals and their business income. The course also introduces federal income tax rules for corporations and partnerships. The course explains concepts and shows how to develop spreadsheets to apply those concepts to real world situations. See the course outline below for a list of topics.

Help and Office

• Administrative assistant: Halima Khan hkhan@stern.nyu.edu 212-998-0003, Office: KMEC 10th Floor
• Me: dgode@stern.nyu.edu, 212-998-0021, Office: KMEC 10-86.
• Teaching assistants:
  • Kristiana Bankova (Stern Undergrad Accounting Major): kristianabankova@gmail.com: Office hours: Monday and Wednesday from 12:30 to 1:45 in the Ernst & Young Learning Center.
  • Sameer Sindhu (MBA) sindhu.sameer@stern.nyu.edu [Mirette and Sameer were switched because of scheduling issues. Mirette is now the TA for my modeling course.]

Materials

• The books are not in the bookstore yet because the publisher is out of stock. I will email you when the book is in the store.
• Prentice Hall’s Federal Taxation 2011 for Individuals, Thomas Pope, Kenneth Anderson, John Kramer (ISBN: 9780132138574). This book is currently out of stock at Prentice Hall.
• The campus bookstore is selling a comprehensive version of this book that covers both individual and corporate taxes (ISBN: 9780132138598). The price you pay for the comprehensive book is the same as the book covering taxation of individuals. We will not be covering corporate taxes at a simple level, not in as much detail as the comprehensive book.
  

Exams and Grading

• Weekly Assignments: 30%
• Final: 70%

Schedule: Subject to change

Classes are in KMEC 3-120, MW 11:00 AM to 12:15 PM. There are no classes on President's Day and the Spring Break Week.