Taxation of Business Entities I: Corporations
- 4.7
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Approx. 33 hours to complete
Course Summary
This course provides an introduction to the taxation of business entities. Topics include tax planning strategies, the taxation of sole proprietorships, partnerships, and limited liability companies (LLCs), and the taxation of corporations.Key Learning Points
- Learn about tax planning strategies for business entities
- Understand the taxation of sole proprietorships, partnerships, LLCs, and corporations
- Explore the differences between these business entities and the tax implications of each
Related Topics for further study
Learning Outcomes
- Understand the basic principles of taxation for business entities
- Learn about tax planning strategies to minimize tax liabilities for business entities
- Identify the tax implications of different types of business entities
Prerequisites or good to have knowledge before taking this course
- Basic knowledge of accounting principles
- Familiarity with business structures
Course Difficulty Level
IntermediateCourse Format
- Online
- Self-paced
Similar Courses
- Taxation of Business Entities Part 2
- Business and Financial Modeling
- Accounting Analytics
Related Education Paths
Related Books
Description
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 judicial opinions, governing corporate formation, operations, distributions, and liquidation. Practical in-class study problems facilitate self-discovery of technical tax knowledge along with the development of a variety of professional skills and attitudes.
Outline
- Course Orientation
- Course Overview
- About Prof Donohoe
- Learn on Your Terms
- Syllabus
- About the Discussion Forums
- Learn More About Flexible Learning Paths
- Update Your Profile
- Build a Learning Community with Social Media
- Orientation Quiz
- Module 1: Overview of Business Taxation
- Module 1 Introduction
- Lesson 1.1.1 Origins of Taxation
- Lesson 1.1.2 Sources of Tax Law: Statutory
- Lesson 1.1.3 Sources of Tax Law: Administrative
- Lesson 1.1.4 Sources of Tax Law: Judicial
- Lesson 1.1.5 Judicial Doctrines
- Lesson 1.1.6 Hierarchy of Tax Law Sources
- Lesson 1.2.1 Fundamental Features
- Lesson 1.2.2 Strategic Form Choice
- Tax Entity Classification
- Module 1 Wrap-Up
- Module 1 Overview and Resources
- Lesson 1.1 Knowledge Check
- Lesson 1.2 Knowledge Check
- Lesson 1.3 Knowledge Check
- Module 1 Quiz
- Module 2: Corporate Income Taxation
- Module 2 Introduction
- Income Tax Formulas
- Lesson 2.2.1 Dividends Received Deduction: Concepts
- Lesson 2.2.2 Dividends Received Deduction: Applications
- Lesson 2.2.3 Organizational Expenditures Deduction: Concepts
- Lesson 2.2.4 Organizational Expenditures Deduction: Applications
- Lesson 2.3.1 Regular Corporate Income Tax Liability: Concepts
- Lesson 2.3.2 Regular Corporate Income Tax Liability: Applications
- Lesson 2.4 Corporate Alternative Minimum Tax
- Lesson 2.5.1 Penalty Taxes on Corporate Accumulations
- Lesson 2.5.2 Related Corporations
- Book-Tax Differences
- Compliance Procedures
- Module 2 Wrap-Up
- Module 2 Overview and Resources
- Lesson 2.1 Knowledge Check
- Lesson 2.2 Knowledge Check
- Lesson 2.3 Knowledge Check
- Lesson 2.4 Knowledge Check
- Lesson 2.5 Knowledge Check
- Module 2 Quiz
- Module 3: Corporate Formation I
- Module 3 Introduction
- Lesson 3.1.1. Acquisition and Disposition
- Lesson 3.1.2 Recognition
- Lesson 3.1.3 Character
- Lesson 3.1.4 Recapture
- Lesson 3.1.5 Recapping Recapture
- Sunchaser Shakery
- Introduction to Non-Recognition Provisions
- Lesson 3.3.1 Non-Recognition Provisions: Concepts
- Lesson 3.3.2 Non-Recognition Provisions: Applications
- Lesson 3.4.1 Basis Determination & Holding Period: Concepts
- Lesson 3.4.2 Basis Determination & Holding Period: Applications
- Lesson 3.5.1 Built-In Loss Property: Concepts
- Lesson 3.5.2 Built-In Loss Property: Applications
- Lesson 3.6.1 Treatment of “Boot”: Concepts
- Lesson 3.6.2 Treatment of “Boot”: Applications
- Module 3 Wrap-Up
- Module 3 Overview and Resources
- Lesson 3.1 Knowledge Check
- Lesson 3.3 Knowledge Check
- Lesson 3.4 Knowledge Check
- Module 3 Quiz
- Module 4: Corporate Formation II
- Module 4 Introduction
- Lesson 4.1.1 Assumption of Liabilities: Concepts
- Lesson 4.1.2 Assumption of Liabilities: Applications
- Lesson 4.2.1 Property and Services: Concepts
- Lesson 4.2.2 Property and Services: Applications
- Lesson 4.3.1 Capital Contributions: Concepts
- Lesson 4.3.2 Capital Contributions: Applications
- Lesson 4.4.1 Debt versus Equity: Concepts
- Lesson 4.4.2 Debt versus Equity: Applications
- Lesson 4.5.1 Investor Losses: Concepts
- Lesson 4.5.2 Investor Losses: Applications
- Lesson 4.6.1 Small Business Stock: Concepts
- Lesson 4.6.2 Small Business Stock: Applications
- Module 4 Wrap-Up
- Module 4 Overview and Resources
- Lesson 4.1 Knowledge Check
- Lesson 4.2 Knowledge Check
- Lesson 4.3 Knowledge Check
- Lesson 4.4 Knowledge Check
- Lesson 4.5 Knowledge Check
- Lesson 4.6 Knowledge Check
- Module 4 Quiz
- Module 5: Corporate Non-Liquidating Distributions
- Module 5 Introduction
- Lesson 5.1.1 Earnings & Profits: Concepts
- Lesson 5.1.2 Earnings & Profits: Applications
- Lesson 5.2.1 Cash Distributions: Concepts
- Lesson 5.2.2 Cash Distributions: Applications
- Lesson 5.3.1 Property Distributions: Concepts
- Lesson 5.3.2 Property Distributions: Applications
- Lesson 5.4.1 Stock Distributions: Concepts
- Lesson 5.4.2 Stock Distributions: Applications
- Lesson 5.5.1 Constructive Distributions: Concepts
- Lesson 5.5.2 Constructive Distributions: Applications
- Lesson 5.6.1 Qualified Dividends: Concepts
- Module 5 Wrap-Up
- Module 5 Overview and Resources
- Lesson 5.0 Knowledge Check
- Lesson 5.1 Knowledge Check
- Lesson 5.2 Knowledge Check
- Lesson 5.3 Knowledge Check
- Lesson 5.4 Knowledge Check
- Lesson 5.5 Knowledge Check
- Lesson 5.6 Knowledge Check
- Module 5 Quiz
- Module 6: Corporate Redemptions and Partial Liquidations
- Module 6 Introduction
- Background & Basics
- Lesson 6.2.1 Stock Attribution Rules: Concepts
- Lesson 6.2.2 Stock Attribution Rules: Applications
- Lesson 6.3.1 Qualifying Stock Redemptions I: Concepts
- Lesson 6.3.2 Qualifying Stock Redemptions I: Applications
- Lesson 6.4.1 Qualifying Stock Redemptions II: Concepts
- Lesson 6.4.2 Qualifying Stock Redemptions II: Applications
- Lesson 6.5.1 Corporate Tax Effects: Concepts
- Lesson 6.5.2 Corporate Tax Effects: Applications
- Module 6 Wrap-Up
- Module 6 Overview and Resources
- Lesson 6.1 Knowledge Check
- Lesson 6.2 Knowledge Check
- Lesson 6.3 Knowledge Check
- Lesson 6.4 Knowledge Check
- Lesson 6.5 Knowledge Check
- Module 6 Quiz
- Module 7: Corporate Liquidations
- Module 7 Introduction
- Background & Basics
- Lesson 7.2.1 Corporate Tax Effects: Concepts
- Lesson 7.2.2 Corporate Tax Effects: Applications
- Introduction to Corporate Anti-Stuffing Rules
- Lesson 7.3.1 Corporate Anti-Stuffing Rules: Concepts I
- Lesson 7.3.2 Corporate Anti-Stuffing Rules: Applications I
- Lesson 7.3.3 Corporate Anti-Stuffing Rules: Concepts II
- Lesson 7.3.4 Corporate Anti-Stuffing Rules: Applications II
- Lesson 7.4.1 Shareholder Tax Effects: Concepts
- Lesson 7.4.2 Shareholder Tax Effects: Applications
- Lesson 7.5.1 Parent Tax Effects
- Lesson 7.5.2 Subsidiary Tax Effects
- Lesson 7.5.3 Applications
- Module 7 Wrap-Up
- Module 7 Overview and Resources
- Lesson 7.1 Knowledge Check
- Lesson 7.2 Knowledge Check
- Lesson 7.3 Knowledge Check
- Lesson 7.4 Knowledge Check
- Lesson 7.5 Knowledge Check
- Module 7 Quiz
- Module 8: Corporate Reorganizations
- Module 8 Introduction
- Historical Background
- Lesson 8.2.1 General Requirements
- Lesson 8.2.2 Type A Reorganizations
- Lesson 8.2.3 Type B and C Reorganizations
- Lesson 8.2.4 Type D Reorganizations
- Lesson 8.2.5 Type E, F, and G Reorganizations
- Lesson 8.3.1 Tax Consequences: Concepts
- Lesson 8.3.2 Tax Consequences: Applications
- Module 8 Wrap-Up
- Course Wrap-Up
- Gies Online Programs
- Module 8 Overview and Resources
- Congratulations!
- Get Your Course Certificate
- Lesson 8.1 Knowledge Check
- Lesson 8.2.1 Knowledge Check
- Lesson 8.2.2 Knowledge Check
- Lesson 8.2.3 Knowledge Check
- Lesson 8.2.4 Knowledge Check
- Lesson 8.2.5 Knowledge Check
- Lesson 8.3 Knowledge Check
- Module 8 Quiz
Summary of User Reviews
Learn taxation for business entities in this Coursera course. Students have rated this course very highly, with many praising the practical, real-world examples.Key Aspect Users Liked About This Course
Many users thought the real-world examples were a key aspect of the course.Pros from User Reviews
- Practical, real-world examples
- Well-structured content
- Engaging instructor
- Helpful quizzes and assignments
- Good preparation for tax certification exams
Cons from User Reviews
- Some users found the course difficult to follow without prior tax knowledge
- Some users thought the quizzes were too easy
- Some users wanted more in-depth coverage of certain topics
- Some users experienced technical difficulties with the platform
- Some users thought the course was too short
Michael P Donohoe, PhD, CPA
4.7 Raiting
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Taxation of Business Entities I: Corporations
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This course provides an introduction to the U. S. federal income taxation of corporations and their shareholders. Course Orientation Course Overview...
