Federal Taxation II: Property Transactions of Business Owners and Shareholders
About this 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 recognized gains and losses; evaluation of the potential tax effects of nontaxable exchanges; and the combining, or netting, gains and losses that are different in nature. Assignments facilitate self-discovery of knowledge and development of a variety of professional skills.Created by: University of Illinois Urbana-Champaign

Related Online Courses
The goal of this 4-week course is to equip learners to safely care for a patient infected with a pathogen requiring high-level biocontainment. This can be accomplished in any healthcare facility... more
Health data are notable for how many types there are, how complex they are, and how serious it is to get them straight. These data are used for treatment of the patient from whom they derive, but... more
Self-determination theory (SDT) is an empirically based theory of motivation and psychological development that is especially focused on the basic psychological needs that promote high quality... more
This specialization offers a comprehensive approach to holistic weight management, covering essential topics such as nutrition and medical weight loss, the psychology and psychosocial aspects of... more
Why are some groups healthier than others, and how do these differences emerge and persist over the life course? How do social policies (e.g., housing, transportation, employment) relate to health... more