South-Western Federal Taxation 2024: Individual Income Taxes

Master today's most current tax concepts and tax law with Young/Nellen/Persellin/Lassar/Cuccia/Cripe's SOUTH-WESTERN FEDERAL TAXATION 2024: INDIVIDUAL INCOME TAXES, 47th EDITION, and accompanying professional tax software. Updates emphasize the most recent tax changes impacting individuals, as well as financial statements. You examine updates and reforms to 2023 tax laws as you learn to work with individual taxation and the Form 1040. Recent examples, summaries, and tax scenarios clarify concepts and sharpen your critical-thinking, writing, and research skills. Sample exam questions from Becker C.P.A. Exam Review help you better study for testing. Each new book includes access to Intuit ProConnect tax software, Checkpoint Edge (Student Edition) from Thomson Reuters, and the online learning platform CNOWv2. Use this introduction to prepare for the C.P.A. exam or the Enrolled Agent exam, or to further your career in tax accounting, financial reporting, or auditing.

Format: Paperback / softback
Length: 1136 pages
Publication date: 07 May 2023
Publisher: Cengage Learning, Inc

Master today's most current tax concepts and tax law with Young/Nellen/Persellin/Lassar/Cuccia/Cripe's SOUTH-WESTERN FEDERAL TAXATION 2024: INDIVIDUAL INCOME TAXES, 47th EDITION, and accompanying professional tax software. Updates emphasize the most recent tax changes impacting individuals, as well as financial statements. You examine updates and reforms to 2023 tax laws as you learn to work with individual taxation and the Form 1040. Recent examples, summaries, and tax scenarios clarify concepts and sharpen your critical-thinking, writing, and research skills. Sample exam questions from Becker C.P.A. Exam Review help you better study for testing. Each new book includes access to Intuit ProConnect tax software, Checkpoint Edge (Student Edition) from Thomson Reuters, and the online learning platform CNOWv2. Use this introduction to prepare for the C.P.A. exam or the Enrolled Agent exam, or to further your career in tax accounting, financial reporting, or auditing.

The 47th edition of Young/Nellen/Persellin/Lassar/Cuccia/Cripe's SOUTH-WESTERN FEDERAL TAXATION 2024: INDIVIDUAL INCOME TAXES is the most comprehensive and up-to-date resource for mastering today's tax concepts and tax law. This comprehensive textbook provides a thorough examination of individual income taxes, including the latest changes and reforms to the tax code. It is accompanied by professional tax software, making it an essential tool for tax professionals and students alike.

The book begins with an introduction to the tax system, covering the basic principles of taxation and the role of the Internal Revenue Service (IRS). It then delves into the various types of income, including wages, salaries, bonuses, and interest, and explains how they are taxed. The book also covers deductions and credits, such as the standard deduction, itemized deductions, and the Earned Income Tax Credit, which can help reduce tax liability.

One of the key features of this textbook is its emphasis on recent tax changes. The authors have updated the book to reflect the most recent tax changes, including the Tax Cuts and Jobs Act of 2017, the Taxpayer Relief Act of 2019, and the CARES Act of 2020. These changes have significant implications for individuals and businesses, and the book provides clear explanations of how they affect tax liability.

In addition to the tax code, the book also covers financial statements, including the balance sheet, income statement, and cash flow statement. It explains how these statements are used to analyze financial performance and make informed decisions about tax planning. The book also covers accounting principles.

The textbook is written in a clear and concise manner, making it easy to understand. It includes numerous examples and scenarios to illustrate tax concepts and tax planning strategies. These examples are drawn from real-world situations, making them relevant and applicable to the tax professional's daily practice.

The book is accompanied by professional tax software, including Intuit ProConnect tax software and Checkpoint Edge (Student Edition) from Thomson Reuters. These software tools provide valuable resources for tax professionals, including tax research, tax planning, and tax preparation. They also include sample exam questions from Becker C.P.A. Exam Review, which can help students prepare for the C.P.A. exam or the Enrolled Agent exam.

Overall, Young/Nellen/Persellin/Lassar/Cuccia/Cripe's SOUTH-WESTERN FEDERAL TAXATION 2024: INDIVIDUAL INCOME TAXES is an essential resource for anyone seeking to master today's tax concepts and tax law. It provides a comprehensive examination of individual income taxes, including the latest changes and reforms to the tax code. It is accompanied by professional tax software, making it an essential tool for tax professionals and students alike. Whether you are a tax professional, a student, or simply interested in learning more about taxes, this textbook is an excellent resource.

ISBN-13: 9780357900550
Edition number: 47 ed