U.S. Federal Taxation Specialization

Started Aug 20

U.S. Federal Taxation Specialization

U.S. Federal Taxation of Individuals & Businesses. Learners will develop knowledge in U.S. federal taxation as applied to individuals and businesses.

About This Specialization

This Specialization introduces the U.S. federal tax system via conceptual and applied material. Learners will be able to apply basic principles to settings involving individuals, corporations, and other business entities, complete key components of major, individual U.S. federal tax returns, and identify tax-related strategies and implications of structuring transactions and organizations.

Created by:

courses
5 courses

Follow the suggested order or choose your own.

projects
Projects

Designed to help you practice and apply the skills you learn.

certificates
Certificates

Highlight your new skills on your resume or LinkedIn.

Projects Overview

Courses
Intermediate Specialization.
Some related experience required.
  1. COURSE 1

    Federal Taxation I: Individuals, Employees, and Sole Proprietors

    Current session: Aug 20
    Commitment
    6-8 hours/week
    Subtitles
    English

    About the Course

    This course is the first course in a five-course US Federal Tax Specialization. It covers and focuses on the U.S. federal tax system as it relates to individuals, employees, and sole proprietors. Key concepts covered include gross income a
  2. COURSE 2

    Federal Taxation II: Property Transactions of Business Owners and Shareholders

    Current session: Aug 20
    Commitment
    8 weeks of study, 6-8 hours/week
    Subtitles
    English

    About the Course

    This course examines the U.S. federal tax system as it relates to property transactions of business owners and shareholders. Topics include cost recovery, such as depreciation, amortization, and depletion; calculation of realized versus re
  3. COURSE 3

    Taxation of Business Entities I: Corporations

    Upcoming session: Aug 27
    Commitment
    8 weeks of study, 6-8 hours/week
    Subtitles
    English

    About the Course

    This course provides an introduction to the U.S. federal income taxation of corporations and their shareholders. The course focuses on the relevant provisions of Subchapter C of the Internal Revenue Code, as well as related Treasury Regulations and
  4. COURSE 4

    Taxation of Business Entities II: Pass-Through Entities

    Upcoming session: Aug 27
    Commitment
    8 weeks of study, 6-8 hours/week
    Subtitles
    English

    About the Course

    This course provides an introduction to the U.S. federal income taxation of pass-through business entities, including Subchapter S corporations, partnerships, and limited liability companies. The course focuses on the relevant provisions of Subchapte
  5. COURSE 5

    U.S. Federal Taxation Capstone

    Upcoming session: Aug 27
    Subtitles
    English

    About the Course

    The Capstone is the culminating project in the US Federal Tax Specialization. You will have the opportunity to combine the concepts and techniques obtained through all the courses in this specialization (Federal Taxation I: Individuals, Employees

Creators

  • University of Illinois at Urbana-Champaign

    Founded in 1867, the University of Illinois at Urbana-Champaign pioneers innovative research that tackles global problems and expands the human experience.

    The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.

  • Petro Lisowsky, PhD, CPA

    Petro Lisowsky, PhD, CPA

    Associate Professor of Accountancy
  • Michael P Donohoe, PhD, CPA

    Michael P Donohoe, PhD, CPA

    Associate Professor of Accountancy and PwC Faculty Fellow
  • Matthew Hutchens

    Matthew Hutchens

    Lecturer of Accountancy

FAQs