NBA 5355

Last Updated

  • Schedule of Classes - January 7, 2018 7:14PM EST
  • Course Catalog - January 7, 2018 7:15PM EST

NBA 5355
Federal Income Taxation of Flow Through Entities, Estates and Trusts

Course information provided by the Courses of Study 2017-2018.

This course presents the tax skills necessary to make business decisions pertaining to "flow-through entities" and to a more limited extent transfer taxes, including the estate and gift tax.  Emphasis is placed on such "flow-through entities" as partnerships and "S" Corporations.  Partnership areas covered include the formation and operation of a partnership, transactions between partner and partnership, distributions from a partnership, including distributions to retiring or deceased partners, sale of a partnership interest, optional adjustments to property basis, and the termination of a partnership.  The formation and operational rules surrounding an "S" corporation are also talked about, including the similarities and differences in compliance issues facing both a partnership and "S" corporation.

When Offered Fall.

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Syllabi: none

  •   Seven Week - Second. 

  • 1.5 Credits GradeNoAud

  • 15729 NBA 5355   LEC 001

    • TR
    • Oct 9 - Dec 1, 2017

    • McKinley, J

  • Co-meets with AEM 4560 in Sage Hall Room B01. Add/Drop Dates: Johnson Students August 15th at 8:00am thru September 5th at 4:00pm with an additional Add/Drop period beginning October 11th at 8:00am thru October 17th at 4:00pm. Non-Johnson Students: October 14th at 8:00am thru October 17th 4:00pm. You may add or drop a second-half class after October 17th with permission of the faculty. A late fee of $100.00 will be charged for each add or drop transaction. If you are dropping after November 6th you will also receive a "W" on your transcript in addition to the late fees. Non-Johnson students may add themselves to the waitlists during the enrollment periods, however Johnson Students have priority into the classes and non-Johnsons will be enrolled: 1) IF seats are still available after Johnson students complete their enrollment period and 2) IF the instructor allows. Non-Johnson students must see their college registrar regarding policies connected with adding/dropping a second half Johnson School class. A petition may be required.

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