ACCT 8530 - Taxation of Flow-Through Entities

3 Class Hours 0 Laboratory Hours 3 Credit Hours
Prerequisite: Admission to MAcc program and ACCT 3200 or ACCT 8000 and ACCT 3200 or their equivalents.
An advanced study of the federal income taxation of flow-through entities, including partnerships, S Corporations and Limited Liability Companies. Topics include contributions and distributions from a flow-through entity; reporting of profits, gains and losses; complete and partial liquidations; and the partnership special allocation rules.