
Fundamentals of Taxation for Individuals and Business Entities
A Practical Approach
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Fundamentals of Taxation for Individuals and Business Entities
A Practical Approach
About this book
FUNDAMENTALS OF TAXATION
An innovative approach to understanding the federal income tax laws and using them to develop tax-efficient strategies for individuals and businesses.
Present the big picture with a practice-based approach to understanding tax laws so students can develop critical thinking and problem-solving skills that prepare them for the real world. Fundamentals of Taxation — Individuals and Business Entities, 2025 Edition introduces a logical foundation for the income tax system so students can understand why a law exists and how to apply the law to practical tax problems. Professional skill-building exercises develop critical thinking and communication skills and the ability to identify and address ethical dilemmas, preparing students to be effective tax professionals.
AN INTERACTIVE, MULTIMEDIA LEARNING EXPERIENCE
This textbook includes access to an interactive, multimedia e-text.
Videos and Animations
Fundamentals of Taxation for Individuals — Business Entities, 2025 Edition integrates abundant video content developed to complement the text and engage readers more deeply.
- Content Review Videos provide a detailed review of each learning objective in each chapter and help students learn key concepts and an understanding of tax laws, the big picture, and the Why behind it.
- Provide confidence-building opportunities with a wide range of practice problems and author-created Solution Walkthrough Videos that give step-by-step instruction on how to complete problems like those in the text. References in the text show when an end-of-chapter problem should be worked so students can immediately apply what they just learned.
- Task-Based Simulation Problems include realistic source documents such as 1099s, W-2s, invoices, and legal agreements that students use to solve problems.
Self-Tests and Practice Questions
The e-text also includes self-scoring concept check quizzes.
Downloadable Figures
These appear throughout the e-text, enabling students to see and work with tax forms and legal agreements.
Frequently asked questions
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Table of contents
- Cover
- Title Page
- Copyright
- Dedications
- Learning the Big Picture of Tax to Be a Valued Tax Professional
- What Are Our Stories?
- What Makes Our Approach to Learning Tax Distinctive?
- Assessment
- Connecting to the Profession
- Preparing for the CPA Exam
- For Instructors
- Acknowledgements
- Table of Contents
- Part I Introduction to Income Taxation
- Part II Income
- Part III Deductions
- Part IV Taxation of Property Transactions
- Part V Other Individual Topics
- Part VI CPA Evolution: Core—Tax
- Appendix A Tax Formula Items
- Appendix B Tax Forms
- Glossary
- Subject Index
- End User License Agreement